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Kitchener is the 8th most expensive city to rent in Canada: report

Kitchener has big increases in rental prices year over year
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Photo: Padmapper

According to a new report, Kitchener is considered one of the most expensive cities to rent in Canada.

The report, done by Padmapper, says that the average rent for a one-bedroom apartment in Kitchener is $1,390.

That would put Kitchener in 8th place out of a top ten list of cities across the country.

That's up two positions from a previous report that now says rent is growing at a rate of 5.3 per cent year over year.

That makes Kitchener more expensive than Hamilton or Montreal according to the latest list.

For a two-bedroom apartment, the average rate of rent is $1,670, with a year over year increase of 7.7 per cent. 

Vancouver, Toronto and Burnaby top the list of most expensive places to rent.


 




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