Here's how much it costs to rent an apartment in Ottawa in November
CTV
The average cost to rent a one-bedroom apartment in Ottawa surpassed $2,100 a month in November, as the average price of an apartment hit the highest levels of 2023.
The average cost to rent a one-bedroom apartment in Ottawa surpassed $2,100 a month in November, as rents hit the highest levels of 2023.
A new report by Rentals.ca and Urbanation shows the average cost to rent a one-bedroom apartment last month in Ottawa was $2,112, up from $2,052 a month in October. The average cost to rent a one-bedroom apartment in Ottawa increased 8.4 per cent in November compared to November 2022.
Statistics show the average cost to rent a purpose-built apartment and condominium in Ottawa was $2,238 in November, the highest monthly average rent in Ottawa this year.
The average asking rent in Ottawa in November was $1,730 for a bachelor, $2,542 for a two-bedroom apartment and $2.799 for a three-bedroom apartment.
Across Canada, Rentals.ca and Urbanation report the average asking rent for all residential properties in Canada was $2,174 in November, down $4 from October's record high of $2,178.
Vancouver has the highest average asking rent for a one-bedroom apartment in Canada at $2,894, followed by Toronto at $2,601 and Mississauga at $2,359.
The average asking rent for a one-bedroom apartment in Kingston was $1,809 a month in November, the 11th highest rent in Canada.
