According to a nationwide survey, home rents have climbed steeply over past 1 year.
The national report from Rentals.ca shows Metro Vancouver has the highest average rents in the country.
The average rent for all Canadian properties listed for rent on Rentals.ca in April 2022 was $1,821 per month, an annual increase of 9% from $1,676 per month in April 2021.
A one Bedroom unit in Vancouver rents for an average of $2334, highest in the Country followed by Toronto where average rent is $2065 for a single bedroom Unit.
Burnaby & Surrey ranked 6th and 14th respectively on the list.
Average rent for a single bedroom unit in Burnaby was assessed at $1883 and two bedroom unit at $2563.
In Surrey average price for a single unit was assessed at $1655 and two bedroom unit at $2080.
