One website lists Kelowna as the nation’s eighth-most expensive place to rent. Another lists it as 15th most expensive.
Either way, having a roof over your head in the Okanagan isn’t cheap.
This week, Pad Mapper released its August 2019 Canadian Rent Report.
The report ranked Toronto as the nation’s most expensive place to rent, with an average one-bedroom suite commanding $2,300 a month. For an average two-bedroom unit in Canada’s biggest city, the price is pushed to $2,850.
Coming in second was Vancouver, at $2,200 for a one-bedroom apartment and $3,090 for a two-bedroom apartment.
Kelowna was ranked eighth. According to Pad Mapper, the average one-bedroom unit in the Interior’s biggest city goes for $1,280, with an average two-bedroom fetching $1,730.
Notably, for January, Pad Mapper said Kelowna’s respective average rent prices were $1,300 and $1,680. In June, they were $1,280 and $1,700.
Another website, Rentals.ca, listed Kelowna as the 15th most expensive place to rent.
According to Rentals.ca, the average one-bedroom apartment was renting for $1,430 a month, while two-bedroom apartments are going for $1,818.
Topping that list were Toronto (one-bedroom: $2,266; two-bedroom: $2,782) and Vancouver (one-bedroom: $1,990; two-bedroom: $2,833).
Kelowna ranked 15th in national rent report for July
Rent or buy housing for post-secondary students
Parents aren’t just helping their kids buy homes — they’re helping pay rent: poll
Source: Read Full Article