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Existing rental costs remain high across major cities

2025 annual survey · Annual survey; two-bedroom row/apartment structures with three or more units

Unit: CAD / month
Compare series or markets · 4 selected · choose up to 6
Existing rental costs remain high across major citiesThe annual two-bedroom rent series measures a different market from current asking rents. Unit: CAD / month. Annual survey; two-bedroom row/apartment structures with three or more units. Use left and right arrow keys to inspect observations. The data table follows the chart.Existing rental costs remain high across major citiesTorontoVancouverMontréalCalgaryCAD / month$500$1,000$1,500$2,000$2,500Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Homies Research, using CMHC / Statistics Canada Table 34-10-0133-01 · Through 2025 annual surveyAnnual survey; two-bedroom row/apartment structures with three or more unitsHOMIES RESEARCH
Jan 2025Toronto $2,045Vancouver $2,364Montréal $1,346Calgary $1,908

The annual two-bedroom rent series measures a different market from current asking rents.

Source: Homies Research, using CMHC / Statistics Canada Table 34-10-0133-01. Reference: 2025 annual survey. Released 2025-12-17. Retrieved 2026-09-28.

Annual survey; two-bedroom row/apartment structures with three or more units · Year label, not January rent. Average paid rents include occupied units and should not be described as current advertised asking rents. Structural scope differs from the 6+ apartment vacancy series.

View accessible data table · 4 series, 6 observations
Existing rental costs remain high across major cities. Unit: CAD / month. Annual survey; two-bedroom row/apartment structures with three or more units
PeriodTorontoVancouverMontréalCalgary
Jan 2020$1,637$1,799$903$1,320
Jan 2021$1,680$1,830$932$1,350
Jan 2022$1,779$2,009$1,022$1,463
Jan 2023$1,958$2,187$1,096$1,691
Jan 2024$1,972$2,313$1,176$1,876
Jan 2025$2,045$2,364$1,346$1,908

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