Housing in Canada

Track rental costs, home prices, and construction activity. Understand what you'll pay and why the market works the way it does.

Avg Rent (2BR)
$1,950
National average
Home Price Change
+18%
Since 2020
Units Building
245K
Under construction

Rent Trends by City

Compare rental costs across Canadian cities (select up to 5)

💡 What does this mean?

This shows what you'd typically pay for an apartment in major Canadian cities. Vancouver and Toronto are consistently most expensive, often double the national average. Smaller cities in the Prairies and Atlantic provinces offer much more affordable options.

💰 Most Expensive

Cities with highest average rent

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💵 Most Affordable

Cities with lowest average rent

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Rent by Unit Size

How bedroom count affects rent in different cities

💡 What does this mean?

Bigger apartments cost more, but not proportionally. A 2-bedroom often costs only 30-40% more than a 1-bedroom, even though you get double the bedrooms. This is why roommates save so much money.

📊 About This Data

Rental Data

Source: Statistics Canada (Table 34-10-0133-01) via CMHC Rental Market Survey • Updated: Annually (October) • Coverage: Cities with 10,000+ population

Home Prices

Sources: Statistics Canada - New Housing Price Index (Table 18-10-0205-01, monthly) and New Condominium Apartment Price Index (Table 18-10-0273-01, quarterly) • Coverage: Major census metropolitan areas

Housing Supply

Source: Statistics Canada (Table 34-10-0125-01) via CMHC Starts and Completions Survey • Updated: Annually • Coverage: All urban areas

Why This Matters

Understanding housing costs helps you make better decisions about where to live, when to move, and how much to budget. By combining rental, ownership, and supply data, we show you not just WHAT prices are, but WHY they're changing. This data drives policy decisions and affects every Canadian's quality of life.