Ottawa renters are paying more for an apartment this fall, with rents for apartments in Kanata increasing nine per cent. The November Rent Report from Rentals.ca and Urbanation shows the average rent in Ottawa was $2,202 in October, up from $2,200 in September. The average cost to rent a one-bedroom apartment was $1,961 in October, while a two-bedroom apartment rented for $2,462. The report shows the average rent in Kanata was $2,542 in October, up from $2,501 in September. The average cost of a one-bedroom apartment was $2,265 last month. Kanata had the third-highest rent increase outside of the six largest Canadian markets in October, at 9.2 per cent. The average asking rent for all property types in Canada was $2,036 in October, down 3.2 per cent from the same month last year. North Vancouver has the highest average rent in Canada at $3,002 a month, followed by Vancouver at $2,754 and $2,593 in Toronto. Rentals.ca and Urbanation say apartment and condo rents increased year-over-year in Toronto for the first time in two-and-a-half years. In Kingston, the average rent was $2,100 in October, with a one-bedroom apartment costing $1,862 and a two-bedroom renting for $2,260. The average rent in Gatineau was $1,723 in October, with a one-bedroom renting for an average price of $1,588.
