It's followed by Lethbridge, Alberta, with an average monthly rent of $1,013.Įdmonton only has a few bucks on Lethbridge with an average rent of $1,017 per month. The region saw the average rent price drop by 3.74% since April 2021.Īfter Regina comes Saskatoon, Saskatchewan, with an average rent of $984 per month. Third on the list is Regina, Saskatchewan, with tenants paying an average of $953 per month for a single-bedroom apartment. It also saw a decrease in price of 2.58% compared to last year. Red Deer ranked the second cheapest in the country with an average rent of $943 a month for a one-bedroom unit. This is after a 4.98% decrease since last year.Īfter that comes another Albertan town. The Albertan spot has a jaw-droppingly affordable average rent of $744 a month for a one-bedroom apartment. The cities were ranked by Rentals.ca in its National Rental Report for April, which shows that the absolute cheapest place to rent in Canada, of the cities included in the report, is Lloydminster, Alberta. In other words, there are still places to live that won't break the bank. There are seven cities in Canada that have rental rates around $1,000 a month for a one-bedroom apartment. When looking for the cheapest rent in Canada, it's really easy to come to the conclusion that leasing a home here is just way too expensive.Īnd, while that might be generally right, there are actually a few places across the country that do still have an average rent that won't make you cry every month.
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