According to the most recent research completed by Zumper’s Canadian Rental Report, the cheapest rent in Canada is between $600 and $700 per month.
Certainly, these rents are more inexpensive than those in other Canadian cities, but they are relatively pricey compared to other countries. If you are considering a permanent move to Canada, here is a listing of the Canadian cities with the most affordable rent. However, remember that the cost of living can vary based on your lifestyle choices.
Regina, Saskatchewan
It is once again recognized as one of Canada’s most reasonably priced cities. Recent research indicates that the average monthly rent for a one-bedroom apartment in Regina is approximately $930. This is significantly less expensive than other major cities like Toronto and Vancouver. Its low cost of living makes it an ideal location for inexpensive living.
Quebec City, Quebec
The culture, architecture, and history of this city are well-known. The city of Quebec is renowned for its affordability. Recent surveys indicate that it offers inexpensive rent in Canada. In Quebec City, the average monthly rent for a one-bedroom apartment is only $960. It is a wonderful option for anyone seeking the least expensive area.
Edmonton, Alberta
This city is situated in the Canadian province of Alberta. It is famous for having the lowest rent in Canada. The average monthly rent for a one-bedroom apartment is approximately $940.
This is far less expensive than the average Toronto rent of $1,350 per month. In addition, the cost of living in this city is rather inexpensive. Therefore, if you’re considering a big move, Edmonton is the best option, as it has a robust economy and a low cost of living.
St. John’s – Newfoundland and Labrador, Canada
This is always a leading candidate when selecting a city with low rent. The average monthly rent for a one-bedroom apartment is approximately $590, significantly less than the national average of $880.
If you plan to live in Canada and are seeking an affordable location to begin your new life, you should choose St. John’s. However, you should be prepared for winters that are colder than usual!
Winnipeg, Manitoba
It is an economical place to rent in Canada. In Winnipeg, the average monthly rent for a one-bedroom apartment is $1,060. The monthly rent for the two-bedroom apartment is $830. Winnipeg is one of the cheapest cities in Canada.
It has a stable economy, a low unemployment rate, and normal GDP growth of 2.5% over the past five years. As of 2019, the unemployment rate was 4.5 percent. This makes the city a desirable location for living and working.
If you want to move to any of the cities mentioned above in Canada, you can contact us to get the best advice and services possible!
