Indicator
Purpose-built rent (2-bedroom)
Average rent for 2-bedroom units in purpose-built rental buildings, CMHC Rental Market Survey (October).
Purpose-built rentals (row and apartment, 3+ units); annual October survey.
Metros
| Geography | Latest | Reference period |
|---|---|---|
| Vancouver B.C. | $2,364 | October 2025 survey |
| Victoria B.C. | $2,121 | October 2025 survey |
| Kelowna B.C. | $2,098 | October 2025 survey |
| Toronto Ont. | $2,045 | October 2025 survey |
| Calgary Alta. | $1,908 | October 2025 survey |
| Nanaimo B.C. | $1,895 | October 2025 survey |
| Halifax N.S. | $1,828 | October 2025 survey |
| Kitchener–Cambridge–Waterloo Ont. | $1,816 | October 2025 survey |
| Kingston Ont. | $1,763 | October 2025 survey |
| Oshawa Ont. | $1,762 | October 2025 survey |
| Ottawa–Gatineau Ont. | $1,757 | October 2025 survey |
| Barrie Ont. | $1,749 | October 2025 survey |
| Kamloops B.C. | $1,673 | October 2025 survey |
| Hamilton Ont. | $1,659 | October 2025 survey |
| London Ont. | $1,645 | October 2025 survey |
| Abbotsford–Mission B.C. | $1,623 | October 2025 survey |
| Brantford Ont. | $1,604 | October 2025 survey |
| Edmonton Alta. | $1,598 | October 2025 survey |
| Lethbridge Alta. | $1,593 | October 2025 survey |
| Winnipeg Man. | $1,570 | October 2025 survey |
| Saskatoon Sask. | $1,559 | October 2025 survey |
| St. Catharines–Niagara Ont. | $1,527 | October 2025 survey |
| Peterborough Ont. | $1,513 | October 2025 survey |
| Regina Sask. | $1,478 | October 2025 survey |
| Moncton N.B. | $1,452 | October 2025 survey |
| Windsor Ont. | $1,451 | October 2025 survey |
| Fredericton N.B. | $1,431 | October 2025 survey |
| Red Deer Alta. | $1,418 | October 2025 survey |
| St. John's N.L. | $1,348 | October 2025 survey |
| Montréal Que. | $1,346 | October 2025 survey |
| Saint John N.B. | $1,290 | October 2025 survey |
| Québec City Que. | $1,276 | October 2025 survey |
| Medicine Hat Alta. | $1,217 | October 2025 survey |
| Sherbrooke Que. | $1,062 | October 2025 survey |
| Trois-Rivières Que. | $1,017 | October 2025 survey |
Understanding this indicator
- What it is
- The average monthly rent for 2-bedroom units in purpose-built rental buildings, from CMHC's Rental Market Survey.
- How it's measured
- Each October CMHC surveys landlords of privately built rental buildings with at least three rental units and records the rent for occupied and vacant units.
- How to read it
- Because it includes long-term tenants, it shows what renters pay on average, not what a new tenant would pay.
- Year-over-year changes show how fast rents in existing buildings are rising.
- Limitations
- It excludes condos rented out by owners, basement suites and other secondary rentals.
- It's measured once a year, in October.
Sources
Geographies without a current published figure are left out rather than estimated. Methodology