Discover the Top Cities for Renters in Canada Absent from the List!
Are you looking for the best cities to rent in Canada? A recent study has ranked the top cities for renters, and Toronto surprisingly didn’t make the cut. The study, conducted by Zoocasa, analyzed various factors such as rental affordability, availability, and rental population growth to determine the rankings. So which cities came out on top? Well, it turns out that Abbotsford, British Columbia claimed the number one spot as the best city for renters in Canada.
Abbotsford topped the list due to its affordable rental prices, with an average rent of $1,010 per month for a one-bedroom apartment. The city also scored well in terms of rental availability, making it easier for renters to find a place to live. In addition, Abbotsford saw a healthy rental population growth, indicating that more people are choosing to rent in the city.
Coming in second on the list is Airdrie, Alberta, which boasts an average rental price of $1,247 per month for a one-bedroom apartment. Airdrie is known for its tight rental market, with a high demand for rental properties. Despite this, the city scored well in terms of affordability and rental population growth, making it a great option for renters.
Rounding out the top three is St. John’s, Newfoundland and Labrador, with an average rental price of $1,175 per month for a one-bedroom apartment. St. John’s scored well in terms of rental availability, with a healthy supply of rental properties. The city also saw a significant rental population growth, indicating that more people are choosing to rent in St. John’s.
Other cities that made the top ten list include Lacombe, Alberta; Saskatoon, Saskatchewan; Bonnyville, Alberta; Saint John, New Brunswick; Gatineau, Quebec; and Sydney, Nova Scotia. These cities all scored well in terms of rental affordability, availability, and rental population growth, making them great options for renters looking for a place to live.
While Toronto didn’t make the top ten list, it’s important to note that the city still has a lot to offer renters. With its vibrant culture, diverse neighborhoods, and bustling job market, Toronto remains a popular choice for many renters. However, the high cost of living and competitive rental market can make it challenging for some to find affordable housing in the city.
In conclusion, if you’re looking for the best cities to rent in Canada, consider checking out Abbotsford, Airdrie, or St. John’s. These cities offer affordable rental prices, a good supply of rental properties, and a growing rental population, making them ideal options for renters. And while Toronto may not have made the top ten list, it’s still worth considering for its many other amenities and attractions. Happy apartment hunting!
