• Biggest unit type decline
  • Two-bedroom rents saw the steepest declines in Alberta, dropping -7.2% in Calgary and -6.6% in Edmonton year-over-year (May 2026 vs May 2025). This marked the largest decline across all unit types.
    
• Calgary Northeast leads Alberta rent declines
  • Calgary Northeast recorded the biggest rent drop in Alberta, with one-bedroom rents falling -14.2% year-over-year ($1,546 → $1,326), while all other areas also declined between -2.4% and -10.8%.
    
• Strongest growth contrast in 2026
  • Edmonton Southeast led rent growth in 2026, with one-bedroom rents rising +4.3% since January, from $1,275 to $1,330, while most areas changed by less than 2%.
    

Download liv.rent’s 2026 Canada Rental Market Trends Report for in-depth insights and forecasts on average rent prices, regional market comparisons, key economic drivers, and emerging AI trends shaping Canada’s rental landscape.

As of April 29th, 2026, the Bank of Canada maintains the interest rate at 2.25%, holding steady for the fourth consecutive announcement. Experts predict this rate will be maintained through most of 2026.

Let’s take a look now at the current rental costs and overarching trends in Calgary and Edmonton for May 2026. Don’t forget, you can download the entire report as a one-page infographic PDF below.

Average rent across Calgary

This May, Calgary’s city-wide average monthly rent price for an unfurnished one-bedroom unit increased by $14, bringing the rate for an unfurnished one-bedroom unit to $1,454/month.

Month-to-month rent change

This chart breaks down the percentage change in rent prices across all of Calgary’s quadrants between April and May 2026.

For furnished one-bedroom units, largest decreases were seen in Northwest (-6.24%) and City Centre (-3.02%), while Southwest saw the largest increase (+8.88%). On the other hand, unfurnished one-bedroom units saw an increase across all quadrants, with City Centre (+1.91%) seeing the largest increase.

Average unfurnished vs furnished rates

Unfurnished vs furnished rates in Calgary

Average rates for furnished and unfurnished one-bedroom units in Calgary increased this month. The average monthly rent for an unfurnished one-bedroom unit increased (0.92%) to an average of $1,454/month this month. Prices for furnished one-bedroom units increased this month (0.18%), to a new average cost of $1,590/month.

At present, furnished units cost an average of $136 more per month to rent than unfurnished units. This means that landlords are likely to earn a higher profit by renting their units furnished.

Average rent across Edmonton

This month, Edmonton’s rental rates for an unfurnished one-bedroom unit increased, making Edmonton’s average monthly rent $1,249/month. There is a significant difference from last year, when rent prices were $69 more than this May’s average rent.

Month-to-month rent change

This chart breaks down the percentage change in rent prices across all of Edmonton’s different sectors between April and May 2026.

This May, there was a substantial increase for furnished one-bedroom units in Southwest Edmonton (6.95%), while there were notable decreases seen in Southeast Edmonton (-4.00%) and Northwest Edmonton (-3.37%). On the other hand, Southeast Edmonton saw the largest increase (+4.87%) for unfurnished one-bedroom units.

Unfurnished vs furnished rates in Edmonton

In Edmonton, average monthly rent prices for furnished one-bedroom units decreased (-2.60%) to $1,386/month, while prices for unfurnished one-bedroom units increased (0.65%) to $1,249/month. As of May 2026, furnished units in Edmonton rent for an average of $137 more than unfurnished units. This indicates that landlords who can rent their units furnished would benefit from doing so, particularly on a short-term basis.

Looking for our full May 2026 Calgary & Edmonton Rent Report? Download your copy here to get all the latest insights, including a detailed breakdown by neighbourhood.

Quadrant/Sector breakdown 

To better understand each of these cities’ average rental prices, let’s break down both Calgary and Edmonton into their constituent quadrants/sectors. We’ll examine prices and trends for one-, two-, and three-bedroom units in each city for a more in-depth analysis.

Quadrant breakdown: Calgary

• Prices increased for unfurnished one-bedroom units in all sectors.
• Prices decreased for all unfurnished two-bedroom units except in the Southeast.
• A little over half of unfurnished three-bedroom units increased in rental cost across Calgary quadrants except in the Northwest and Southeast.

Sector breakdown: Edmonton

• Rents increased for unfurnished one-bedroom units in Downtown, Northwest, West, and Southeast Edmonton, while they decreased in Northeast and Southwest Edmonton.
• Furnished rents increased for all unit types in Southwest Edmonton.
• Furnished two-bedroom rents saw an increase across all quadrants except Downtown and Northwest.

Downloadable resources

Rental resources for Alberta renters

You can read these comprehensive guides for more information on renting in Alberta and using liv.rent to streamline your rental process.

• FAQ: Landlord & tenant responsibilities in Alberta
• FAQ: Everything you need to know about rent deposits in Alberta
• The Complete User Guide To liv.rent For Landlords & Property Managers
• The Ultimate Renter’s Guide To Using liv.rent

Data collection methodology

Rethink The Way You Rent

Not on liv.rent yet? Experience the ease of digital applications & contracts, verified tenants & landlords, virtual tours and more – all on one platform. Sign up for free or download the app.

Subscribe to receive monthly updates on Canada’s major rental markets. Discover last month’s Rent Reports below:

Vancouver Rent Report
Ontario Rent Report
Montreal Rent Report
Calgary and Edmonton Rent Report

The post May 2026 Calgary & Edmonton Rent Report appeared first on liv.rent blog.

• East Winnipeg sees the steepest decline
  • East Winnipeg recorded the largest drop in Winnipeg, with 1-bed rents falling 11.0% since January ($1,269 → $1,130), marking the biggest shift across all neighborhoods
    
• St. Boniface leads rent growth in 2026
  • St. Boniface saw the strongest increase, with 1-bed rents rising 4.5% since January ($1,209 → $1,263), followed by South Winnipeg at +3.4%
    
• Larger units drive the biggest rent swings
  • 2-bedroom rents saw the most volatility, with South Winnipeg rising 9.7% month over month ($1,636 → $1,794), while 1-bedroom rents remained relatively stable across most areas
    

Download liv.rent’s 2026 Canada Rental Market Trends Report for in-depth insights and forecasts on average rent prices, regional market comparisons, key economic drivers, and emerging AI trends shaping Canada’s rental landscape.

Average rent across Winnipeg

This month, the average rent for an unfurnished one-bedroom unit was $1,317/month, keeping it well below prices in other major Canadian rental markets like Metro Vancouver and Toronto. Compared to last month, unfurnished one-bedroom rent in May increased by $13.

Month-to-month rent change

To better understand how rent prices have changed in Winnipeg, let’s look at the most significant changes for unfurnished one-bedroom units this month.

St. Boniface (-2.44%) and West Winnipeg (-1.99%) saw the largest decreases, while East Winnipeg (+7.57%) saw the largest increase.

Winnipeg unfurnished vs. furnished rent averages

This May, average monthly rent prices for unfurnished one-bedroom units increased (+0.98%) to $1,317/month.

Looking for our full May 2026 Winnipeg Rent Report? Download your copy here to get all the latest insights, including a detailed breakdown by neighbourhood.

Neighbourhood breakdown

Winnipeg’s most and least expensive neighbourhoods had slightly different average rent prices this May. This month, St. Boniface is the cheapest neighbourhood to rent in at an average of $1,263/month for an unfurnished one-bedroom unit. Meanwhile, South Winnipeg is the most expensive neighbourhood, at an average of $1,376/month – $113 more than in St. Boniface.

Let’s look even closer at the different listing types to see the differences in one-, two-, and three-bedroom rental rates across each area.

• Half of unfurnished one-bedroom rent prices decreased across Winnipeg neighbourhoods, including St. Boniface (-2.44%), West Winnipeg (-1.99%), and Winnipeg North End (-0.35%).
• All types of unfurnished rental units increased in East Winnipeg.
• Unfurnished two-bedroom rent price increased across all neighbourhoods except St. Boniface.

Be sure to subscribe to our mailing list so you never miss an update on the Winnipeg rental market.

Downloadable Resources

Data collection methodology

Rethink The Way You Rent

Not on liv.rent yet? Experience the ease of digital applications & contracts, verified tenants & landlords, virtual tours and more – all on one platform. Sign up for free or download the app.

Subscribe to receive monthly updates on Canada’s major rental markets. Discover last month’s Rent Reports below:

Vancouver Rent Report
Ontario Rent Report
Montreal Rent Report
Calgary and Edmonton Rent Report

The post May 2026 Winnipeg Rent Report appeared first on liv.rent blog.

• Ontario rents continue to decline across major markets compared to last year
  • Rents across Ontario have declined compared to last year, with one-bedroom unfurnished units averaging $1,970, down 8.8%. The largest drops were recorded in markets such as Brampton (-10.8%) and Downtown Toronto (-10.2%).
    
• Core and suburban markets show diverging rental trends in 2026
  • While Downtown Toronto recorded consistent declines across all unit types, with one-bedroom rents down -4.72% since January and -5.94% month over month, outer markets such as Etobicoke saw strong growth. One-bedroom rents in Etobicoke increased +6.98% since January and +7.51% month over month, highlighting shifting demand toward suburban areas.
    
• Larger rental units are experiencing the most volatility across Ontario
  • Three-bedroom rents have shown the widest fluctuations, with Etobicoke rising +16.91% since the start of the year while other markets, such as Ottawa, declined -3.40% month over month. This uneven movement suggests demand for larger units remains inconsistent across regions.
    

Download liv.rent’s 2026 Canada Rental Market Trends Report for in-depth insights and forecasts on average rent prices, regional market comparisons, key economic drivers, and emerging AI trends shaping Canada’s rental landscape.

As of April 29th, 2026, the Bank of Canada maintains the interest rate at 2.25%, holding steady for the fourth consecutive announcement. Experts predict this rate will be maintained through most of 2026.

As of May 2026, the City of Toronto’s average monthly rent for an unfurnished one-bedroom dropped YoY by $206, reaching a new average of $1,942/month.

Ontario rent trends

Compared to last month, the average rent price for an unfurnished one-bedroom unit in Toronto decreased by $8 this May to $1,942/month. The average rent for a furnished one-bedroom increased by $15 since last month, bringing the rate to $1,998/month.

Planning on raising rent this year? Ontario’s Annual allowable rent increase limit for 2026 is 2.5%. Find out when and how you can increase rent and ensure you’re complying with provincial guidelines by reading our updated Guide to Ontario Rent Increases.

Month-to-month rent change

This chart breaks down the percentage change in rent prices across all GTA cities/municipalities between April and May 2026.

Unfurnished Toronto rent trends

For unfurnished one-bedroom units, Downtown (-5.97%) and Markham (-2.84%) saw the largest decreases, while Etobicoke (7.50%), North York (3.83%), and Ottawa (1.59%) saw notable increases.

Furnished Toronto rent trends

This month, average rent prices for furnished one-bedroom units across the GTA saw notable declines, with Scarborough recording the steepest drop at -7.50%. Mississauga was the only city to see an increase, rising by +9.35%.

Toronto furnished vs unfurnished averages

This month, prices for unfurnished one-bedroom units saw a decrease (-0.43%) to $1,942/month while furnished units increased (0.75%) to $1,998/month. The average furnished one-bedroom unit rents for $56 more than a one-bedroom unfurnished unit.

Rent per square foot

Our monthly Rent Reports also look more closely at the average rent per square foot in cities throughout the Greater Toronto Area. This May, Downtown ($2.86/sq. ft.) had the highest rent per square foot. At the other end of the spectrum, Brampton had the lowest rent per square foot ($1.36/sq. ft.).

Active listing data

We’ll also look at detailed statistics for currently active listings available to see which property types and number of bedrooms are the most represented. For renters, these numbers show which types of units you’re most likely to encounter in the Greater Toronto Area, while for landlords, you can assess how much competition you’ll face based on the current supply.

Active listings by property type

As of May 2026, the most common rental property type was apartments, dominating the majority of all listings in the GTA at 88.35%. Partial houses were the second most common unit type this month, representing 5.16% of active listings, followed by houses at 3.91% and townhouses at 2.58%.

Active listings by number of bedrooms

In terms of the number of bedrooms, we saw a varied spread across active listings on the market this May. One-bedroom units were the most common type of listing in the GTA this month at 49.80%, while two-bedroom units represented 41.25% of the region’s active listings. Three-bedroom units made up the remaining 8.94%.

City breakdown

This May, Oshawa is the cheapest municipality to rent in out of the areas we look at for our Rent Reports, while Oakville is the region’s most expensive place to rent this month.

The average rent price for an unfurnished one-bedroom unit in Etobicoke currently stands at $2,176/month, while in Oshawa the same type of unit rents for an average of $1,587/month – a difference of $589 between the two.

With Ontario’s different communities being so diverse, we’re breaking down the GTA into its different cities and municipalities to see the price difference within listing types: one-bedroom, two-bedroom, and three-bedroom units, both unfurnished and furnished.

• All prices for unfurnished one-bedrooms increased except in Markham and Downtown.
• All furnished one-bedroom units decreased except in Mississauga.
• Etobicoke, North York, and Vaughan-Richmond Hill were the only cities that saw an increase in price for all types of unfurnished units.

Rental averages for other Ontario cities

We’ve also looked at data from cities and municipalities in other regions within and surrounding the GTA. Looking at these additional cities, Oshawa is the least expensive to rent in May for one-bedroom unfurnished units at $1,587/month. Etobicoke is the most expensive for unfurnished one-bedroom units at $2,176/month.

For complete data on these cities as well as other municipalities outside of the Greater Toronto Area, download our full report here to view the complete report.

Most expensive cities in Canada

This May, all of the country’s most expensive cities are located in Metro Vancouver. West Vancouver is the most expensive city in the country to rent in, followed by North Vancouver, Vancouver, Burnaby and Richmond.

Downloadable resources

Our complete May 2026 Rent Report has information on even more key areas, broken down into region and unit type for a complete overview of rental averages in Ontario. To view these and all the other new information we’ve added, be sure to download your copy of the Rent Report below.

Renting in Ontario

For more information on renting in Ontario, refer to these comprehensive resource posts:

• What’s A Standard Rental Application?
• What do you need when applying for a rental?
• What Can A Landlord Ask For On A Rental Application In Ontario?
• How Do I Fill Out A Rental Application?
• Ontario Standard Lease Explained
• Frequently Asked Questions: Everything You Need to Know About Eviction in Ontario

Data collection methodology

Rethink The Way You Rent

Not on liv.rent yet? Experience the ease of digital applications & contracts, verified tenants & landlords, virtual tours and more – all on one platform. Sign up for free or download the app.

Subscribe to receive monthly updates on Canada’s major rental markets. Discover last month’s Rent Reports below:

Vancouver Rent Report
Ontario Rent Report
Montreal Rent Report
Calgary and Edmonton Rent Report

The post May 2026 Ontario Rent Report appeared first on liv.rent blog.

• Montreal rents decline across most neighborhoods compared to last year
  • Rents across Montreal have declined in 9 out of 10 neighbourhoods compared to last year, with 1-bedroom units falling by up to 11.4%. The citywide average decreased from $1,710 to $1,636 (-4.3%), reflecting a broad easing in rental pricing across the market.
    
• Saint-Henri stands out as the only major growth market
  • While most areas recorded declines, Saint-Henri saw a significant increase, with 1-bedroom rents rising 20.0% compared to last year, from $1,611 to $1,933. This makes it the only major Montreal neighbourhood to post strong growth, highlighting localized demand shifts.
    
• Higher-priced neighborhoods are seeing the largest rent corrections
  • Previously higher-priced areas such as Verdun and Westmount experienced the most significant declines, with rents dropping 11.4% and 10.1% respectively compared to last year. In contrast, lower-priced areas such as NDG saw smaller decreases, indicating stronger pricing adjustments at the higher end of the market.
    

Download liv.rent’s 2026 Canada Rental Market Trends Report for in-depth insights and forecasts on average rent prices, regional market comparisons, key economic drivers, and emerging AI trends shaping Canada’s rental landscape.

Average rent across Montreal

This month, the average rent price for an unfurnished one-bedroom unit has increased by $10 bringing Montreal’s city-wide average rent to $1,636/month, still well below rates in other major Canadian rental markets like Metro Vancouver and Toronto. Looking at a year-over-year comparison, Montreal’s city-wide rental rate for an unfurnished one-bedroom unit is $74 less than what it was in May 2025.

Month-to-month rent change

Looking at both furnished and unfurnished units, there were some notable changes in rental rates across Montreal neighbourhoods this month.

Looking first at unfurnished one-bedroom units, notable decreases were seen in Ahuntsic-Cartierville (-2.23%) and Notre-Dame-de-Grâce/Côte-des-Neiges (-1.89%). On the other hand, Saint-Laurent saw the largest increase (+5.13%).

For furnished one-bedroom units, Villeray-Parc-Extension (+6.47%) and Hochelaga-Maisonneuve (+4.43%) saw the largest increases, while Le Plateau-Mont-Royal (-2.31%) and Ahuntsic-Cartierville (-2.31%) saw notable declines this month.

Montreal unfurnished vs furnished rent averages

This May, average monthly rent prices for both unfurnished and furnished one-bedroom units increased. Unfurnished one-bedroom units increased (+0.63%) to $1,636/month, while furnished one-bedroom units increased (+0.41%) to $1,596/month.

Looking for our full May 2026 Montreal Rent Report? Download your copy here to get all the latest insights, including a detailed breakdown by neighbourhood.

Neighbourhood breakdown

This month, Ahuntsic-Cartierville is the cheapest neighbourhood to rent in at an average of $1,370/month for an unfurnished one-bedroom unit. Meanwhile, Saint Henri is the most expensive neighbourhood for an unfurnished one-bedroom, at an average of $1,933/month – $563 more than in Ahuntsic-Cartierville.

Let’s look even closer at the different listing types to see the differences in one-, two-, and three-bedroom rental rates across each area.

• Villeray-Parc-Extension and Westmount were the only two neighbourhoods that saw an increase in price across all types of unfurnished units
• Unfurnished two-bedroom rent prices increased across all neighbourhoods except Ahuntsic-Cartierville
• Saint Laurent was the only neighbourhood that saw a decrease in price across all types of furnished units

Be sure to subscribe to our mailing list so you never miss an update on the Montreal rental market.

Downloadable Resources

Data collection methodology

Rethink The Way You Rent

Not on liv.rent yet? Experience the ease of digital applications & contracts, verified tenants & landlords, virtual tours and more – all on one platform. Sign up for free or download the app.

Subscribe to receive monthly updates on Canada’s major rental markets. Discover last month’s Rent Reports below:

Vancouver Rent Report
Ontario Rent Report
Montreal Rent Report
Calgary and Edmonton Rent Report

The post May 2026 Montreal Rent Report appeared first on liv.rent blog.

• Metro Vancouver rents continue to decline across all unit types
  • Rents across Metro Vancouver have declined compared to last year, with one-bedroom units falling to $2,086 (-8.31%), two-bedroom units to $2,696 (-5.30%), and three-bedroom units to $3,513 (-4.04%). This broad-based drop reflects continued easing in rental demand across the region.
    
• Core and suburban markets show diverging rental trends
  • While the City of Vancouver saw month-over-month declines across all major unit types, some suburban markets showed mixed movement. Surrey two-bedroom rents increased to $2,118 (+1.05%), and New Westminster three-bedroom units rose to $3,349 (+1.98%), highlighting uneven demand across the region.
    
• Larger rental units are seeing the biggest price corrections
  • Three-bedroom units have experienced the most significant adjustments, declining to $3,513 (-2.14%) since the start of the year and dropping as much as -18.96% in Burnaby year over year. This suggests pricing pressure is more pronounced in higher-priced segments of the market.
    

Download liv.rent’s 2026 Canada Rental Market Trends Report for in-depth insights and forecasts on average rent prices, regional market comparisons, key economic drivers, and emerging AI trends shaping Canada’s rental landscape.

As of April 29, 2026, the Bank of Canada maintains its policy interest rate at 2.25%, unchanged for the fourth consecutive decision. Experts predict this rate will be maintained through most of 2026. Additionally, the 2026 rent increase limit is capped at 2.3%.

Let’s look now at the current rental costs and overarching trends in Vancouver for May 2026.

Average rent across Metro Vancouver

This month, the average rent price for an unfurnished, one-bedroom unit went down by $4, to a new average of $2,086/month. Since May 2025, Metro Vancouver’s average rate for an unfurnished one-bedroom unit has decreased by $189.

Planning on raising rent this year? B.C.’s new annual allowable rent increase limit for 2026 is 2.3%. Find out when and how to increase rent and ensure you comply with provincial guidelines by reading our updated Guide to B.C. Rent Increases.

Month-to-month rent change

To better understand how rent prices have changed in Metro Vancouver cities, let’s look at the most significant changes for both furnished and unfurnished one-bedroom units this month.

Several cities saw notable changes in average rent prices this month. Looking at furnished one-bedroom units, Burnaby (5.06%) and Surrey (4.37%) saw slight increases, while New Westminster (-5.10%) and Langley (-2.56%) saw marginal decreases.

Looking now at unfurnished one-bedroom units, West Vancouver (+2.30%) and New Westminster (+1.46%) were the only cities that saw a positive increase.

Looking now at unfurnished one-bedroom units, Burnaby (-0.27%), North Vancouver (-0.23%), Langley (-2.03%), and Surrey (-0.29%) saw minor decreases. West Vancouver (2.30%) and New Westminster (1.46%) all recorded increases.

Rent per square foot

Where’s the cheapest place to rent in Metro Vancouver based on how much space you get? As of May 2026, the average rent per square foot increased up to $3.11/sq. ft.. The least expensive cities for square footage are West Vancouver ($2.40/sq. ft.), Langley ($2.55/sq. ft.), and Richmond ($2.68/sq.ft.). Meanwhile, the most expensive cities for square footage are Vancouver ($3.87/sq. ft.), North Vancouver ($3.69/sq.ft.), and Burnaby ($3.59/sq. ft.).

Active listing data

We’ll also examine detailed statistics for currently active listings available on the market to see which property types and number of bedrooms are the most represented. For renters, these numbers show which types of units you’re most likely to encounter in the Metro Vancouver region, while for landlords, you can assess how much competition you’ll face based on the current supply.

Active listings by property type

As of May 2026, apartments were the most common rental property type, representing 71.60% of active listings on the market. Partial houses were the second-most rented unit type this month, at 16.24% of active listings currently available to rent, followed by houses at 7.87%.

Active listings by number of bedrooms

In terms of the number of bedrooms, we saw a spread across active listings on the market this May. One-bedroom units were the most common type of listing this month at 46.45%, though two-bedroom units held a very near share, representing 43.03% of all active listings on the market. Three-bedrooms rounded out at 10.52% of listings.

Average unfurnished vs. furnished rates

Average prices for a furnished one-bedroom unit increased while unfurnished one-bedroom units dropped in Metro Vancouver this month. Furnished one-bedrooms increased (0.56%) to $2,165/month, while unfurnished units went down (-0.20%) to $2,086/month. Currently, a furnished one-bedroom unit rents for more than an unfurnished one-bedroom unit by $79/month on average.

Looking for our full May 2026 Metro Vancouver Rent Report? Download your copy here to get all the latest insights, including a detailed breakdown by neighbourhood.

City breakdown 

Metro Vancouver’s rental averages vary greatly across the region, so we’ve broken up our data by municipality/city to compare the cost of one-, two-, and three-bedroom rates for furnished and unfurnished units in different areas. Here are some highlights from our most recent findings:

• All unfurnished one-bedroom rental prices decreased across neighbourhoods except West Vancouver and New Westminster.
• Meanwhile, all unfurnished three-bedroom units decreased across neighbourhoods except Surrey, North Vancouver, New Westminster, and Langley.
• All furnished units in Vancouver increased in price, while all unfurnished decreased.

Neighbourhood breakdown

We’ve broken down Vancouver into its neighbourhoods for a more complete look at the city’s rental markets. For a further breakdown of neighbourhoods in municipalities and cities outside of Vancouver, be sure to download our complete Rent Report.

Let’s take a look now at some of the latest averages from Vancouver’s many unique neighbourhoods. West Point Grey/UBC is the city’s most expensive neighbourhood to rent in this month, with an unfurnished one-bedroom unit renting for $2,833/month, while Sunset-Victoria Fraserview is the cheapest at $1,727/month.

We’ve added more new neighbourhoods to our monthly reports that aren’t shown in the data below. To see data on these additional neighbourhoods, statistics for furnished rentals, and neighbourhood breakdowns for other cities in Metro Vancouver, be sure to download your copy of our full report here.

Most expensive cities in Canada

This May, all of the country’s most expensive cities are located in Metro Vancouver. West Vancouver is the most expensive city in the country to rent in, followed by North Vancouver, Vancouver, Burnaby, and Richmond.

Other rental data

These insights are exclusive to our blog and are intended to give more context to each month’s rental data. Based on data sourced directly from liv.rent, these statistics provide a more comprehensive overview of the current rental situation in Canada.

Renter demographics

On liv.rent, our renter demographics are fairly balanced across all different age groups. Most of our users are now fairly evenly spread between those aged 25-34, and those aged between 35-44. There are also a notable number of users under 25 years old.

Pet-friendly rentals

We’re proud to say that liv.rent continues to be the rental platform with the most pet-friendly rentals. This May, other rental platforms had just 22.00% of units available that were pet-friendly, while on liv.rent, 54.00% of all listed units were pet-friendly.

Downloadable resources

Rental resources for B.C. renters

You can read these comprehensive guides for more information on renting in B.C. and using liv.rent to streamline your rental process.

• BC Residential Tenancy Agreement Explained
• Guide to BC Tenancy Forms
• The Complete User Guide To liv.rent For Landlords & Property Managers
• The Ultimate Renter’s Guide To Using liv.rent

Data collection methodology

Rethink The Way You Rent

Not on liv.rent yet? Experience the ease of digital applications & contracts, verified tenants & landlords, virtual tours and more – all on one platform. Sign up for free or download the app.

Subscribe to receive monthly updates on Canada’s major rental markets. Discover last month’s Rent Reports below:

Vancouver Rent Report
Ontario Rent Report
Montreal Rent Report
Calgary and Edmonton Rent Report

The post May 2026 Metro Vancouver Rent Report appeared first on liv.rent blog.

• One-bedroom rents decline steadily after February peak
  • Unfurnished one-bedroom rents show a clear downward trend. The North End dropped from $1,368/month in February to $1,311/month in March and $1,293/month in April (−5% total), while West Winnipeg fell from $1,397/month to $1,338/month, signaling easing demand for smaller units.
    
• Two-bedroom rents dip in March, then partially recover in April
  • Unfurnished two-bedroom unfurnished rents followed a U-shaped pattern. South Winnipeg declined from $1,726/month in February to $1,643/month in March, then rebounded to $1,771/month in April (+8% MoM). East Winnipeg shows a similar trend, suggesting a temporary March slowdown.
    
• Three-bedroom rents show divergence across neighbourhoods
  • Larger units are moving in different directions. South Winnipeg went from $2,094/month in February to $2,044/month in March to $2,158/month in April (+3% overall), while the North End declined from $2,000/month to $1,894/month to $1,958/month. This highlights uneven demand for family-sized rentals and similar U-shaped trends.
    

liv.rent’s 2026 Canada Rental Market Trends Report is now live.

Average rent across Winnipeg

This month, the average rent price for an unfurnished one-bedroom unit was $1,304/month, well below rates in other major Canadian rental markets like Metro Vancouver and Toronto. This April, rent for an unfurnished one-bedroom was $12 less than last month.

Month-to-month rent change

To better understand how rent prices have changed in Winnipeg, let’s look at the most significant changes for unfurnished one-bedroom units this month.

Several areas saw notable changes in average rent prices this month. Looking at unfurnished one-bedroom units, the West Winnipeg (-2.85%), East Winnipeg (-2.76%), and St. Boniface (-1.95%) saw decreases, while South Winnipeg (2.98%), and Downtown (0.94%) saw the only increases. Furnished units saw no significant changes.

Winnipeg unfurnished vs. furnished rent averages

This April, average monthly rent prices for unfurnished one-bedroom units decreased (-0.86%) to $1,304/month.

Looking for our full April 2026 Winnipeg Rent Report? Download your copy here to get all the latest insights, including a detailed breakdown by neighbourhood.

Neighbourhood breakdown

Winnipeg’s most and least expensive neighbourhoods had slightly different average rent prices this April. This month, downtown Winnipeg is the cheapest neighbourhood to rent in at an average of $1,264/month for an unfurnished one-bedroom unit. Meanwhile, South Winnipeg is the most expensive neighbourhood, at an average of $1,367/month – $103 more than in downtown.

Let’s look even closer at the different listing types to see the differences in one-, two-, and three-bedroom rental rates across each area.

• All unfurnished one-bedroom rent prices decreased across Winnipeg neighbourhoods except in Downtown and South Winnipeg.
• All types of unfurnished rental units increased in South Winnipeg.
• All unfurnished one-, two-bedroom units decreased in price in the North End.

Be sure to subscribe to our mailing list so you never miss an update on the Winnipeg rental market.

Downloadable Resources

Data collection methodology

Rethink The Way You Rent

Not on liv.rent yet? Experience the ease of digital applications & contracts, verified tenants & landlords, virtual tours and more – all on one platform. Sign up for free or download the app.

Subscribe to receive monthly updates on Canada’s major rental markets. Discover last month’s Rent Reports below:

Vancouver Rent Report
Ontario Rent Report
Montreal Rent Report
Calgary and Edmonton Rent Report

The post April 2026 Winnipeg Rent Report appeared first on liv.rent blog.

• Calgary rents continue to decline year-over-year, with biggest drops in the Northeast
  • Unfurnished one-bedroom rents fell across all Calgary regions. Northeast dropped from $1,483/month in April 2025 to $1,320/month in April 2026 (−11%), while Northwest declined from $1,604/month to $1,439/month (−10%). Two-bedroom unfurnished rents also decreased in most areas, confirming a broad market correction.
    
• Edmonton rents remain relatively stable with only small monthly shifts
  • Month-over-month changes across Edmonton were limited. Downtown one-bedroom unfurnished moved from $1,246/month in March to $1,238/month in April (−1%), while Southwest increased slightly from $1,314/month to $1,334/month (+2%). Most areas stayed within a ±2–3% range, indicating a steady market.
    
• Larger units are still trending lower, especially in Calgary
  • Unfurnished three-bedroom rents remain below last year in many Calgary areas. Northwest fell from $2,513/month in April 2025 to $2,413/month (−4%), while Northeast dropped from $2,176/month to $2,000/month (−8%). With only minor monthly movement, larger units continue to trend lower rather than recover.
    

liv.rent’s 2026 Canada Rental Market Trends Report is now live.

On December 10th 2025, the Bank of Canada announced that it would maintain the interest rate at 2.25%, marking the final rate for 2025. Experts suggest rates may stay close to this level in 2026.

Let’s take a look now at the current rental costs and overarching trends in Calgary and Edmonton for April 2026. Don’t forget, you can download the entire report as a one-page infographic PDF below.

Average rent across Calgary

This April, Calgary’s city-wide average monthly rent price for an unfurnished one-bedroom unit decreased by $20, bringing the rate for an unfurnished one-bedroom unit to $1,440/month.

Month-to-month rent change

This chart breaks down the percentage change in rent prices across all of Calgary’s quadrants between March and April 2026.

Calgary saw decreases for furnished one-bedroom units, lead by City Centre (-3.39%), Southeast (-3.16%), and Southwest (-2.81%), while increases were seen in Northwest Calgary (4.73%). More decreases were seen across Calgary, including unfurnished one-bedroom units in City Centre (-5.58%), Northwest Calgary (-3.16%), and Southwest (-2.29%), while an increase was seen in Southeast (6.67%).

Average unfurnished vs furnished rates

Unfurnished vs furnished rates in Calgary

Average rates for furnished and unfurnished one-bedroom units in Calgary decreased this month. The average monthly rent for an unfurnished one-bedroom unit decreased (-1.31%) to an average of $1,440/month this month. Prices for furnished one-bedroom units decreased this month (-5.12%), to a new average cost of $1,587/month.

At present, furnished units cost an average of $147 more per month to rent than unfurnished units. This means that landlords are likely to earn a higher profit by renting their units furnished.

Average rent across Edmonton

This month, Edmonton’s rental rates for an unfurnished one-bedroom unit decreased, making Edmonton’s average monthly rent $1,241/month. There is a significant difference from last year, when rent prices were $59 more than this April’s average rent.

Month-to-month rent change

This chart breaks down the percentage change in rent prices across all of Edmonton’s different sectors between March and April 2026.

This April, there were no substantial increases for furnished one-bedroom units in Edmonton, while decreases were seen in Downtown (-6.23%), Northwest (-3.73), and Southeast (-3.27%). Prices for unfurnished one-bedroom units in Northwest Edmonton (2.31%) increased, as did Southwest Edmonton (1.49%). Prices in Southeast Edmonton decreased (-2.68%), as did West Edmonton (-0.93%).

Unfurnished vs furnished rates in Edmonton

In Edmonton, average monthly rent prices for furnished one-bedroom units decreased (-3.38%) to $1,423/month, while prices for unfurnished one-bedroom units decreased (-0.18%) to $1,241/month. As of April 2026, furnished units in Edmonton rent for an average of $182 more than unfurnished units. This indicates that landlords who can rent their units furnished would benefit from doing so, particularly on a short-term basis.

Looking for our full April 2026 Calgary & Edmonton Rent Report? Download your copy here to get all the latest insights, including a detailed breakdown by neighbourhood.

Quadrant/Sector breakdown 

To better understand each of these cities’ average rental prices, let’s break down both Calgary and Edmonton into their constituent quadrants/sectors. We’ll examine prices and trends for one-, two-, and three-bedroom units in each city for a more in-depth analysis.

Quadrant breakdown: Calgary

• Prices decreased for all unfurnished one-bedroom units except in the Southeast.
• Prices decreased for all unfurnished two-bedroom units except in the Northeast and Southeast.
• All unfurnished three-bedroom units decreased in rental cost across Calgary quadrants except in the Northeast and Northwest.

Sector breakdown: Edmonton

• Rents decreased for unfurnished one-bedroom units across Edmonton except in Northwest and Southwest.
• Furnished rents decreased for all unit types in Downtown Edmonton.
• Unfurnished rents decreased for all unit types in West Edmonton.

Downloadable resources

Rental resources for Alberta renters

You can read these comprehensive guides for more information on renting in Alberta and using liv.rent to streamline your rental process.

• FAQ: Landlord & tenant responsibilities in Alberta
• FAQ: Everything you need to know about rent deposits in Alberta
• The Complete User Guide To liv.rent For Landlords & Property Managers
• The Ultimate Renter’s Guide To Using liv.rent

Data collection methodology

Rethink The Way You Rent

Not on liv.rent yet? Experience the ease of digital applications & contracts, verified tenants & landlords, virtual tours and more – all on one platform. Sign up for free or download the app.

Subscribe to receive monthly updates on Canada’s major rental markets. Discover last month’s Rent Reports below:

Vancouver Rent Report
Ontario Rent Report
Montreal Rent Report
Calgary and Edmonton Rent Report

The post April 2026 Calgary & Edmonton Rent Report appeared first on liv.rent blog.

• Three-bedroom units are the only segment seeing rent growth in Montreal since January
  • Average three-bedroom rents increased from $2,548/month in January to $2,702/month in April (+6.0%), while one- and two-bedroom units remained flat or declined slightly, making three-bedroom units the only category with consistent price growth.
    
• Saint-Henri stands out as the only neighbourhood with year-over-year rent growth
  • While most Montreal neighbourhoods saw rent declines compared to April 2025, Saint-Henri recorded growth in one-bedroom units, increasing from $1,701/month to $1,902/month (+11.8%), making it the only area to show upward movement year-over-year.
    
• Montreal rents declined year-over-year, with the largest decreases in Verdun and Côte-des-Neiges/Notre-Dame-de-Grâce across larger units
  • While most neighbourhoods saw moderate declines, larger units experienced the most significant drops, with Verdun three-bedroom rents falling from $2,674/month to $2,200/month (−17.7%) and Côte-des-Neiges/Notre-Dame-de-Grâce decreasing from $2,883/month to $2,532/month (−12.2%), highlighting stronger downward pressure in select markets.
    

liv.rent’s 2026 Canada Rental Market Trends Report is now live.

Average rent across Montreal

This month, the average rent price for an unfurnished one-bedroom unit has increased by $38 bringing Montreal’s city-wide average rent to $1,626/month, still well below rates in other major Canadian rental markets like Metro Vancouver and Toronto. Looking at a year-over-year comparison, Montreal’s city-wide rental rate for an unfurnished one-bedroom unit is $100 less than what it was in April 2025.

Is your rental priced competitively?

Find out with a free rent estimate. Our team of rental experts will calculate your unit’s true value based on your listing details & current market trends.

Get Your Free Estimate

Month-to-month rent change

Looking at both furnished and unfurnished units, there were some notable changes in rental rates across Montreal neighbourhoods this month.

Looking first at unfurnished one-bedroom units, decreases were seen in Villeray-Parc-Extension (-1.70%%), Ahunstic-Cartierville (-1.59%), and Saint-Laurent (-1.03%). Increases were seen in Verdun (8.65%), Saint Henri (5.60%), and Westmount (4.47%).

Looking at furnished one-bedroom units, average rent prices saw decreases in Villeray-Parc-Extension (-7.41%), Saint-Laurent (-5.62%), and Le Plateau-Mont-Royal (-4.56%). and Ahunstic-Cartierville (-1.59%). Increases were seen in Notre-Dame-de-Grâce/Côte-des-Neiges (2.23%).

Montreal unfurnished vs furnished rent averages

This April, average monthly rent prices for furnished one-bedroom units decreased while unfurnished one-bedroom units increased. Unfurnished one-bedroom units increased (2.36%) to $1,626/month, while furnished one-bedroom units decreased (-3.74%), renting for an average of $1,589/month.

Read More: Landlord Guide: Furnished vs. Unfurnished Rentals

Looking for our full April 2026 Montreal Rent Report? Download your copy here to get all the latest insights, including a detailed breakdown by neighbourhood.

Neighbourhood breakdown

Montreal’s most and least expensive neighbourhoods had significantly different average rent prices this April. This month, Hochelaga-Maisonneuve is cheapest neighbourhood to rent in at an average of $1,395/month for an unfurnished one-bedroom unit. Meanwhile, Downtown is the most expensive neighbourhood for an unfurnished one-bedroom, at an average of $1,902/month – $507 more than in Hochelaga-Maisonneuve.

Let’s look even closer at the different listing types to see the differences in one-, two-, and three-bedroom rental rates across each area.

• All furnished one-bedroom rent prices decreased across neighbourhoods except in Côte-des-Neiges/Notre-Dame-de-Grâce.
• All unfurnished one-bedroom rent prices increased in across neighbourhoods except in Ahunstic-Cartierville, Saint-Laurent and Villeray-Parc-Extension.
• All unfurnished three-bedroom rent proces increased in price across neighbourhoods except in Verdun and Villeray-Parc-Extension.

Is your rental priced competitively?

Find out with a free rent estimate. Our team of rental experts will calculate your unit’s true value based on your listing details & current market trends.

Get Your Free Estimate

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Downloadable Resources

Download The Latest Montreal Rent Report

For the complete Montreal rent report, download here.

Download Report

Data collection methodology

Our monthly rent reports use data from our own liv.rent listings, as well as data our team manually collects from other popular listing sites – looking at available basement suites, apartments, condos, townhouses, semi-detached houses, and single-detached houses for each area.

When collecting this data, we do exclude luxury properties listed at over $5,000, as well as rooms for rent and shared accommodation. Investing in manual data collection means that we only consider the current month’s listing, since we can filter out duplicate listings and older ads that haven’t been removed.

Another key difference between our data collection methods and some government agencies like the CMHC is that we only include current asking rent prices. Many official reports will include data for entire buildings in their reports, which tends to skew numbers lower since many units are already occupied, and may be rent-controlled or rented for significantly lower than the current rates.

As we are a Canadian rental platform founded and based in Vancouver, we want to ensure that we’re providing a completely accurate depiction of the rental market in the cities we look at.

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Rethink The Way You Rent

Not on liv.rent yet? Experience the ease of digital applications & contracts, verified tenants & landlords, virtual tours and more – all on one platform. Sign up for free or download the app.

Learn More

Subscribe to receive monthly updates on Canada’s major rental markets. Discover last month’s Rent Reports below:

Vancouver Rent Report
Ontario Rent Report
Montreal Rent Report
Calgary and Edmonton Rent Report

The post April 2026 Montreal Rent Report appeared first on liv.rent blog.

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