Average rent tops $2,000 in Canada: Report

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Average rent tops $2,000 in Canada: Report
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Monthly rents are now over $2,000 in Canada and renters can expect prices to continue to increase, according to Rentals.ca and Urbanation.

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Oakville was fourth on the list for average monthly rent in November for a one-bedroom at $2,156 and for average monthly rent for a two-bedroom at $2,732.Article content Burlington finished fifth on the list of 35 cities for average monthly rent in November for a one-bedroom at $2,155 and 10th for average monthly rent for a two-bedroom at $2,541.

Mississauga came in sixth on the list for average monthly rent in November for a one-bedroom at $2,148 and eighth for average monthly rent for a two-bedroom at $2,555.Year over year, average monthly rent in November for a one-bedroom in Mississauga was up 19.4% and up 18.5% for a two-bedroom.

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