Rent in Canada
Rent,
in hours of work.
In October 2025, an average two-bedroom rent took 62 hours of work a month in Vancouver ($2,364), and 36 hours in Québec ($1,276), at each province's average hourly wage.
Rent
Two-bedroom rent in 13 cities
October 2025 · average rent of occupied units
| City | 2-bed rent | Work hours | 1 yr | 5 yr | Vacancy |
|---|---|---|---|---|---|
| Vancouver | $2,364 | 62 h | +2.2% | +31.4% | 3.7% |
| Halifax | $1,828 | 56 h | +7.0% | +45.8% | 2.5% |
| Victoria | $2,121 | 56 h | +6.3% | +40.9% | 3.1% |
| Toronto | $2,045 | 54 h | +3.7% | +24.9% | 3.0% |
| Calgary | $1,908 | 51 h | +1.7% | +44.5% | 5.0% |
| Winnipeg | $1,570 | 50 h | +4.2% | +24.2% | 2.8% |
| Saskatoon | $1,559 | 47 h | +5.4% | +33.6% | 3.2% |
| Ottawa–Gatineau | $1,757 | 47 h | +4.3% | +33.6% | 3.4% |
| Regina | $1,478 | 44 h | +4.2% | +27.7% | 2.7% |
| Edmonton | $1,598 | 43 h | +4.5% | +25.8% | 3.9% |
| St. John's | $1,348 | 40 h | +8.5% | +38.8% | 1.6% |
| Montréal | $1,346 | 38 h | +14.5% | +49.1% | 3.3% |
| Québec | $1,276 | 36 h | +10.1% | +41.8% | 2.6% |
Average rent of occupied units in row and apartment buildings with three or more units, from CMHC's October Rental Market Survey. This is what tenants pay on average, including long-time tenants; rents asked for vacant units are usually higher. Hours of work = monthly rent ÷ provincial average hourly wage for 2025, before tax.
Latest data: 2025Sources
Source: Canada Mortgage and Housing Corporation data via Statistics Canada, Table 34-10-0133-01, Table 34-10-0127-01; Statistics Canada, Table 14-10-0063-01Updated by CostWatch: September 27, 2026Calculated by CostWatch using Statistics Canada data.Adapted from Statistics Canada Table 34-10-0133-01, Table 34-10-0127-01, Table 14-10-0063-01, 2025. This does not constitute an endorsement by Statistics Canada of this product. Data produced by Canada Mortgage and Housing Corporation.
Canada-wide and provincial average rents are not published in this table, so CostWatch shows city figures only and never averages cities together. For rent change by province, see each province page (Consumer Price Index for rent). Housing supply: population vs new homes. Buying: mortgages then and now.