Rentals.ca June 2020 Rent Report
The average rent for all Canadian properties listed for rent in May on Rentals.ca was $1,814 per month, down 1.4% monthly and 5.4% annually. The median rental rate was $1,750 per month in May, down $50 from April 2020 and May 2019. The COVID-19 pandemic continues to put downward pressure on the rental market nationally, with rent down 7.2% from the market peak in September of last year ($1,954 per month).