The cost to rent an apartment in Ottawa dropped slightly this summer, with one-bedroom apartments now renting below $2,000 a month.
A new report from Rentals.ca shows the average cost to rent an apartment in Ottawa in July was $2,130, up 6.7 per cent from July 2022. However, the cost to rent an apartment dropped from $2,134 in June.
A bachelor apartment cost $1,555 to rent in July, while a two-bedroom apartment cost $2,417 and a three-bedroom apartment renting for an average of $2,463 a month. Vancouver has the highest average rent in Canada at $3,350 a month, followed by Burnaby, B.C. at $3,002 and Toronto at $2,849 a month.
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