Free Monthly Reports

Canadian Rent Reports

Free market data for renters, landlords, and property managers. Average rents, vacancy rates, neighborhood breakdowns, and trend analysis, updated on the last business day of every month.

CoveringCalgaryEdmontonHalifaxMontrealMontréalOttawaTorontoVancouverWinnipeg

Latest Reports

18 reports available

Calgary· July 2026

Calgary Rent Report, July 2026

Calgary rents kept cooling in July, the average asking rent fell about 4.5% year-over-year while vacancy held near 4.9% amid record new supply.

Average rent (all types)

$1,828
-4.5% YoY

Average 1BR

$1,593
-9.0% YoY

Average 2BR

$1,931
-10.5% YoY

Vacancy rate

4.9%
vs 1.4% in 2023
Read full report
Edmonton· July 2026

Edmonton Rent Report, July 2026

Edmonton stayed one of Canada's more affordable big-city rental markets in July, with an average asking rent of $1,509, well below the national average, while vacancy held near 3.8%.

Average rent (all types)

$1,509
Well below national

Average 1BR

$1,301
CMHC purpose-built

Average 2BR

$1,598
CMHC purpose-built

Vacancy rate

3.8%
Purpose-built apartments
Read full report
Toronto· July 2026

Toronto Rent Report, July 2026

Toronto rents stabilized in July, the average asking rent was $2,577 and apartment rents slipped just 0.8% year-over-year, the best annual performance among Canada's six largest markets.

Average rent (all types)

$2,577
-0.8% YoY (best of big-6)

Average 1BR

$1,761
in-place, CMHC

Average 2BR

$2,045
in-place, CMHC

Vacancy rate

3.0%
purpose-built apartments
Read full report
Vancouver· July 2026

Vancouver Rent Report, July 2026

Vancouver rents kept cooling in July, the average asking rent fell about 4.5% year-over-year to $2,677 while vacancy held near 3.7% in Canada's most expensive rental market.

Average rent (all types)

$2,677
-4.5% YoY

Average 1BR

$2,377
Rentals.ca Jul 2026

Average 2BR

$2,364
CMHC Oct 2025

Vacancy rate

3.7%
CMHC Oct 2025
Read full report
Ottawa· July 2026

Ottawa Rent Report, July 2026

Ottawa rents cooled modestly in July, the average asking rent fell about 2.4% year-over-year while vacancy held near 2.9% across the purpose-built stock.

Average rent (all types)

$2,145
-2.4% YoY

Average 1BR

$1,593
In-place average

Average 2BR

$1,916
In-place average

Vacancy rate

2.9%
Purpose-built apartments
Read full report
Montreal· July 2026

Montreal Rent Report, July 2026

Montreal stayed one of Canada's most affordable big-city rental markets in July, the average asking rent eased about 1.6% year-over-year while vacancy held near 2.9%.

Average rent (all types)

$1,940
-1.6% YoY

Average 1BR

$1,131
In-place average

Average 2BR

$1,346
In-place average

Vacancy rate

2.9%
Purpose-built rental
Read full report
Winnipeg· July 2026

Winnipeg Rent Report, July 2026

Winnipeg stayed one of Canada's most affordable and tightest rental markets in July, with a 2.8% vacancy rate and CMHC in-place rents well below the national average.

Average 1BR (CMHC)

$1,232
Among Canada's most affordable

Average 2BR (CMHC)

$1,570
Well below national average

Vacancy rate

2.8%
Among Canada's tightest

2026 rent guideline

1.8%
Manitoba RTB
Read full report
Halifax· July 2026

Halifax Rent Report, July 2026

Halifax rents kept rising in July, the average asking rent climbed about 4.8% year-over-year while vacancy held near 2.6%, moving against the cooling national trend.

Average rent (all types)

$2,365
+4.8% YoY

Average 1BR

$1,539
CMHC in-place

Average 2BR

$1,828
CMHC in-place

Vacancy rate

2.6%
CMHC overall
Read full report
Calgary· June 2026

Calgary Rent Report, June 2026

Calgary rents softened again in June, average asking rent dropped 4% year-over-year while vacancy holds near 5% amid record new supply.

Average rent (all types)

$1,795
-4% YoY

Average 1BR

$1,600
-1% MoM

Average 2BR

$1,924
-4% YoY

Vacancy rate (2026 est.)

5.7%
vs 5.0% Oct 2025
Read full report
Edmonton· June 2026

Edmonton Rent Report, June 2026

Edmonton remains Canada's most affordable major rental market with 1BR averaging $1,225 and vacancy near 3.4%.

Average 1BR

$1,225
-3% YoY

Average 2BR

$1,575
Stable MoM

Vacancy rate

3.4%
vs 1.2% in 2024

3BR average

$1,925
CMHC purpose-built
Read full report
Toronto· June 2026

Toronto Rent Report, June 2026

Toronto rents fell 3% year-over-year in June as vacancy climbed to 3.0%, the highest since before the pandemic.

Average rent

$2,400
-3% YoY

Average 1BR

$2,100
Asking rent

Average 2BR

$2,749
Asking rent

Vacancy rate

3.0%
vs 2.5% in 2024
Read full report
Vancouver· June 2026

Vancouver Rent Report, June 2026

Vancouver rents dropped 5% year-over-year as vacancy hit 3.7%, the highest since 1988, following record new supply and softer demand.

Median rent

$2,575
Asking rent

Average 1BR

$2,362
-6.3% YoY

Average 2BR

$3,279
-4.8% YoY

Vacancy rate

3.7%
vs 1.6% in 2024
Read full report
Ottawa· June 2026

Ottawa Rent Report, June 2026

Ottawa rents softened gradually in June as vacancy climbed to 3.0% following the largest new rental supply increase in nearly 50 years.

Average rent

$2,099
-1% YoY

Average 1BR

$1,900
Asking rent

Average 2BR

$2,400
Asking rent

Vacancy rate

3.0%
vs 2.6% in 2024
Read full report
Montréal· June 2026

Montréal Rent Report, June 2026

Montréal remains one of Canada's strongest rent-growth markets, up ~7.6% annually, even as vacancies rise on record new supply.

Average rent

$1,910
+4% YoY

Average 1BR

$1,798
Asking rent

Average 2BR

$2,272
Asking rent

Rent growth (annual)

+7.6%
Strongest major metro
Read full report
Winnipeg· June 2026

Winnipeg Rent Report, June 2026

Winnipeg's rental market stays tight in June, vacancy near 2.0%, well below the national average, with rents remaining among Canada's most affordable.

Average 2BR

$1,650
Mid-market est.

Vacancy rate

2.0%
Tightest major metro

Downtown 2BR

~$1,900
Premium zones

Suburb 2BR

~$1,450-$1,600
Value zones
Read full report
Halifax· June 2026

Halifax Rent Report, June 2026

Halifax remains one of Canada's toughest rental markets, median 1BR $2,100, vacancy 2.7%, and just 0.7% vacancy for genuinely affordable units.

Median 1BR asking

$2,100
Tight market

Median 2BR asking

$2,550
+5.4% YoY

Vacancy rate (overall)

2.7%
vs 1.0% in 2024

Affordable-unit vacancy

0.7%
Below $1,349
Read full report
Calgary· May 2026

Calgary Rent Report, May 2026

Calgary is now a renter's market for the first time since the pandemic. A wave of new rental supply pushed vacancy to a multi-year high.

Apartment vacancy rate

5.0%
up from 4.8% a year earlier

Change in what tenants pay

Flat
not statistically different from zero

Apartment asking rents

-5%
YoY, 20th straight monthly decline

All apartments (CMHC in-place)

$1,761
purpose-built average
Read full report
Edmonton· May 2026

Edmonton Rent Report, May 2026

Edmonton held its place as one of Canada's most affordable major rental markets, with average rent down 2.4% year-over-year and vacancy easing.

Average rent (all types)

$1,589
-2.4% YoY

Average 1BR

$1,288
-1.7% YoY

Vacancy rate

3.8%
purpose-built, up YoY

2BR average

$1,634
asking rent
Read full report

How we compile these reports

Each monthly report is compiled from a combination of public data sources, CMHC Rental Market Reports, Statistics Canada CPI shelter data, and municipal housing reports, plus SQRFT's own aggregated listing data from thousands of Canadian landlords and property managers.

We normalize asking rents to unit type (studio through 3BR+) and report both month-over-month and year-over-year changes. Neighborhood breakdowns are averaged across all approved listings active during the reporting period.

Reports are informational, not financial advice. Individual rental prices vary by building condition, amenities, lease terms, and unit specifics.