Monthly Rentals in Canada

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About Canada

With ten diverse provinces and three territories, Canada is a vast country that offers plenty of opportunities for everything from tourism to employment & education. Ontario and BC are two of the most populous provinces, and also some of the most in-demand – with notoriously high rent prices to match. Their main cities, Toronto and Vancouver respectively, are two of the most popular places in the country for renters in particular, offering unique exposure to Canada’s famous natural splendour as well as plentiful employment opportunities and world-class academic institutions.

Renting in Canada

Finding monthly rentals in Canada requires research, communication with landlords & property managers, securing references, and signing a lease. All this can add up to a lengthy endeavour if you’re not familiar with the rental process in Canada. To help you get started, here is a list of resources with tips on renting in Canada.

Average Rent in Canada

What is the average rent in Canada for monthly rentals?

The average rent in Canada will vary by province and by city. For the latest stats on average rent in Canada, refer to our monthly rent reports.

What is the average rent in Vancouver?

The average rent for a 1 bedroom apartment in Vancouver, BC is between $2,000 - $2,600. To stay up to date on the average rent in Vancouver, check out our monthly Vancouver rent reports.

What is the average rent in Toronto?

The average rent for a 1 bedroom apartment in Toronto, ON is between $2,000 - $2,200. To stay up to date on the average rent in Toronto, check out our monthly Toronto rent reports.

What is the average rent in Montreal?

The average rent for a 1 bedroom apartment in Montreal, QC is between $1,200 - $1,600. To stay up to date on the average rent in Montreal, check out our monthly Montreal rent reports.

What is the average rent in Calgary?

The average rent for a 1 bedroom apartment in Calgary, AB is between $1,400 - $1,500. To stay up to date on the average rent in Calgary, check out our monthly Calgary rent reports.

What is the average rent in Edmonton?

The average rent for a 1 bedroom apartment in Edmonton, AB is between $1,000 - $1,100. To stay up to date on the average rent in Edmonton, check out our monthly Edmonton rent reports.

Finding monthly rentals in Canada

Finding monthly rentals in Canada may be a challenge depending on where you’re looking to rent. To increase your chances of finding an affordable home, familiarize yourself with the different neighbourhoods and the average rent in each area. Here are some neighbourhood guides to help you get started:
In addition to choosing your location, it’s important to know what rental types are available in Canada (e.g. 1 bedroom apartments, 2 bedroom apartments, 3 bedroom apartments, studio apartments) and the average rent for each property type. Refer below to figure out your options - ranging from furnished rentals and unfurnished rentals to long term rentals and short term rentals.

Property Rental Types

There are many rental property types you can choose from in Canada.

Apartments for rent

In urban areas across Canada, apartments are the most common form of housing you’ll find. Average rent prices for apartments depend on where you’re looking. Apartments for rent in urban areas are typically more expensive due to higher demand. Apartments generally require much less maintenance than houses, making them ideal for renters who don’t need as much space.

Houses for rent

There are plenty of houses for rent across Canada for those with a higher budget, need extra space, or who have multiple roommates. Both partial houses and entire houses for rent are common, as well as both new builds and older homes. Some areas, like Toronto and Vancouver, are also known for an abundance of laneway homes and townhomes, making it easy to find a place to rent that suits your needs.

Townhouses for rent

Townhouses are a popular form of housing that combine the best qualities of both apartments and whole houses. Typically less expensive than houses, townhouses for rent offer an attractive combination of freedom and space, generally coming with your own private yard and entrance.

Basements for rent

For those looking to find affordable rental housing in this increasingly expensive city, basements for rent pose an attractive alternative. Since house prices are so expensive, homeowners will sometimes rent out their basements as a way to offset their mortgage payments. This makes it easy for renters to find relatively inexpensive basements for rent in areas throughout the country.

Condos for rent

In more urban areas like Vancouver and Toronto, condos for rent are a common sight. These types of rental accommodation are perfect for those who like to be in the centre of the action, and don’t need as much space. If you are looking to rent in the city centre though, be prepared for higher-than-average rent prices.

Rooms for rent

Sharing a house or apartment is practically essential for those looking for cheap rent. Rooms for rent are a great way to experience wherever you’re living on a budget, and can offer you the opportunity to live in neighbourhoods that would otherwise be unaffordable.

Special Rental Types

In addition to choosing your property type, there are also specific rental types you can look into.

Pet friendly rentals

Though not every landlord is keen on allowing pets, there are a good number of pet-friendly rentals across Canada for those with furry friends. Both dog-friendly and cat-friendly rental units are available throughout the country, as well as properties where both are allowed. Try searching for pet-friendly units using search filters on your rental platform to find units that match your needs.

Furnished rentals

If you’re new to town or just haven’t had a chance to pick up furniture of your own yet, not to worry – there are plenty of furnished rentals available in cities across Canada. Renters seeking furnished units should search for these units using filters, but do be prepared to pay more in rent. There are pros and cons to renting furnished units compared to unfurnished units, so deciding whether it’s worth it to buy furniture when moving is a good first step.

Short term rentals

Canada has plenty of work opportunities and world-class academic institutions, making it a popular place for those renting on a short-term basis. Short-term rentals are exceedingly popular in most cities, particularly during the summer months and at the beginning of school semesters. The added flexibility is an appealing prospect for many renters, and a key factor in deciding whether or not short-term rentals are right for you.

Cheap rentals

Canadian cities like Vancouver and Toronto aren’t known for inexpensive rent, but if you’re careful in your search, it shouldn’t be too hard to find something within your budget. If you’re looking for cheap rentals in Canada, try finding a roommate or two and exploring shared housing; or search for rooms for rent. It’s worth noting that in every city, there are neighbourhoods where rent is considerably cheaper, so exploring these options is a good idea as well.

Rental Amenities

When you’re searching for monthly rentals in Canada, make sure to look at what amenities are offered. For instance, check to see if the rental includes utilities like air conditioning, cable and internet or features such as dishwasher, parking, balcony and fridge.
Tip: When looking at listings on, scroll down to the "Amenities" section to see what utilities and features are included with the rental.

Living in Canada

People from around the world look to Canada as a safe haven. Known for its natural beauty, multiculturalism, universal healthcare, and an open-minded citizenry, Canada is a coveted destination for newcomers. The three largest cities — Toronto, Montreal and Vancouver continue to attract 60% of overall immigrants; this is followed by mid-sized cities like Calgary and Winnipeg.
If you’re not sure which Canadian city is right for you, check out some of these resources comparing the different cities.

Popular Neighbourhoods in Canada

For those seeking to experience the very best that Canada has to offer, there are a number of neighbourhoods across the country that renters may want to look into. Vancouver and Toronto are likely the two Canadian cities renters will be most familiar with, but cities like Montreal, Calgary, and Edmonton each offer a similarly excellent standard of living with comparatively cheaper average rent prices. In Vancouver, renters tend to concentrate around the city’s Downtown, although areas like the West End and Kitsilano are also exceedingly popular. In nearby Burnaby, Brentwood and Metrotown are two popular and well-connected neighbourhoods.
Heading east, Calgary has become a popular destination for renters seeking more affordable rates, with areas like Beltline, Cityscape and Downtown among the most desirable locations. In Toronto, Downtown, The Annex, Kensington Market and the Entertainment District are all excellent choices for renters seeking to experience the best of the city in a central location. Montreal is known across the country for its vibrant cultural scene and has some great areas for renters to call home as well, like The Plateau-Mont-Royal and Downtown.

Popular Universities Near Canada

Local Landmarks in Canada

Canada is known for its impressive natural beauty and diverse culture from coast-to-coast. Some of the most popular local landmarks in Canada include Niagara Falls, located in the Niagara region of Ontario, about a two-hour drive from Downtown Toronto. Within Toronto itself, the CN Tower is a skyline-defining presence in the heart of the city and draws in large crowds nearly every day. British Columbia and Vancouver in particular are hugely popular destinations among visitors to Canada, with landmarks such as Stanley Park in Vancouver itself and Capilano Suspension Bridge in North Vancouver both extremely popular. The Rocky Mountain Range is another bucket-list trip for many, stretching from B.C. into Alberta and accessible by car from both Calgary and Edmonton, though the drive is fairly long.

Monthly rentals Canada

Search for condos, townhouses, rooms, and houses for rent in Canada on Finding monthly rentals near you has never been easier. Filter your search by price range (great for finding cheap apartments for rent), unfurnished or furnished apartments for rent, pet-friendly rentals, availability, and housing type. Options range from studio apartments and suites for rent to 1 or 2 bedroom apartment and 3+ bedrooms for rent.
Our Canada rental listings are updated in real-time and are current as of Dec 6, 2023.