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Here is the cost of renting an apartment in Ottawa and Gatineau

Here is the cost of renting an apartment in Ottawa and Gatineau

By Omayma othmani

Published: November 19, 2022

The cost of renting one-bedroom and two-bedroom apartments increased by 20 percent in Ottawa in October, as rents continued to rise across Canada.

The national rent report from Rentals.ca also showed that the cost of a one-bedroom apartment increased by $336 in October compared to the same month in 2021, while the cost of a two-bedroom apartment increased by $407.

Also, tenants in Ottawa were paying an average of $1,959 per month for a one-bedroom in Ottawa last month, an increase of 20.9 percent over October 2021. The cost of a two-bedroom apartment averages $2,443 in Ottawa, up 20.3 percent from last year.

In Gatineau, a one-bedroom apartment cost $1,630 to rent in October, up 14.9 percent from October 2021. The cost of a two-bedroom apartment decreased by 0.7 percent to $1,764.

Also, the monthly report from Rentals.ca showed that the average cost of renting a one-bedroom apartment was $1,736 in October, a 14.48 percent increase over last year. The cost of renting a two-bedroom apartment jumped 13.97 percent to $2,147.

Meanwhile, Vancouver has the highest rental rates for one-bedroom and two-bedroom apartments in Canada, followed by Toronto and Burnaby, then British Columbia. Ottawa ranks 13th on the list for one-bedroom apartments, while Gatineau ranks 24th.

Kingston ranked 22nd on the list, with the cost of a one-bedroom apartment rising 7.6 percent to $1,679 in October.

Here is the average rent for a one-bedroom apartment in Canada in September:

1. Vancouver, British Columbia $2,576

2. Toronto $2,478

3. Burnaby, British Columbia $2,290

4. Etobicoke, Ontario $2,193

5. Burlington, Ontario $2,174

6. Victoria $2,140

7. Oakville, Ontario $2,098

8. Mississauga $2,091

9. Guelph $2,085

10. North York, Ontario $2,082

11. Ottawa $1,959

12. Kingston $1,679

13. Gatineau $1,630

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