The PadMapper numbers are in for February and it looks like the pandemic is still having a major effect on rentals. So while the 10 most expensive spots to rent a one-bedroom have pretty much stayed the same, the prices are actually lower than normal. But in our books, they’re still pretty expensive.
No surprise here but Vancouver still comes in as the most expensive place to rent a one-bedroom with a median price of $1,940. And honestly, we don’t know many people in the city that can afford that but the price is actually the lowest it’s been since 2017. Huh, well, maybe things are looking up.
10 famous foods you didn’t know were invented in Canada
Here’s an updated look at the Frank Gehry-designed towers coming to Toronto
Next up we have Toronto at $1,770, which is still a pretty high amount. Then comes Burnaby at $1,680, Barrie at $1,650 and Victoria at $1,570. Surprisingly, Montreal has yet to catch up, and neither Edmonton nor Calgary cracked the list.
But it’s worth it to mention that Vancouver, Toronto, and Victoria are experiencing rent decreases. Meanwhile, Burnaby and Barrie are experiencing increases.
But hey, instability is the way of the world these days. So we’re sure next month will provide us with some similar rankings. Or maybe not, we’re no experts. Hopefully, it just means that housing can become more affordable. If you’d like to see more PadMapper data you can click here.
Read more in Lifestyle
These major airlines are hiring right now in Ontario
Staples is hiring for over 800 positions across Canada & many are in Ontario
You can fly from Toronto to tropical destinations for under $350 roundtrip
This top-rated Toronto clinic is helping tackle these common mental health challenges
Curiocity In Your Inbox!
Want more? Subscribe to our newsletter for exclusive deals, stories, info & more!Subscribe Now