Apartment Rents Rise In 17 Of 24 Canadian Cities

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Apartment Rents Rise By Double Digits In 17 Of 24 Canadian Cities: Padmapper

January 15th 201

As seen in the Huffington Post

The latest survey from apartment rental site Padmapper shows rents jumped by double digits over the past year in 17 of 24 Canadian cities, with some of the country’s (previously) most affordable markets seeing the largest hikes.

Toronto retained its position as the country’s most expensive rental market for one-bedroom units in December, with asking rents rising 11.9 per cent in a year, to a median of $2,260. Two-bedroom rents rose 13.1 per cent, to $2,850 per month.

Padmapper/HuffPost Canada
One-bedroom rents.

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