skip to Main Content
Vancouver One-bedroom Rent Still Highest In Country, But Toronto Remains Not Far Behind: PadMapper

Vancouver one-bedroom rent still highest in country, but Toronto remains not far behind: PadMapper

By Emma Crawford Hampel for Business in Vancouver

The average rent for a one-bedroom apartment in Vancouver was $2,090 in June, according to new data from PadMapper, making the city once again the most expensive in Canada for that home type.

PadMapper data takes into account median rents for all homes that are currently available to rent or vacant. It does not include homes that are already rented out. It compiles averages using hundreds of thousands of apartment listings across the 26 largest markets in Canada.

Vancouver Real Estate News, Market Updates, Insider Tips, Stats, & Analysis

Sign up for insider real estate news & tips from our podcasting team.

Are you a realtor? Click here
Selling Your Home? Click here

  • Reload
  • Should be Empty:

Toronto is not far behind Vancouver for one-bedroom rents; in June, the average was $2,070 – only $20 less than in Vancouver. Vancouver has consistently ranked number one since PadMapper started tracking the data in 2016, with one exception: in April, the average Toronto one-bedroom rent beat Vancouver’s average by $30.

Continue reading the full story here >>
 

Leave a Reply

Your email address will not be published. Required fields are marked *

Back To Top