The monthly cost of an apartment in Canada varies significantly depending on the city and its proximity to the city center. For a 1-bedroom apartment, you can expect to pay anywhere from 735.58 USD to 1,674.23 USD per month.
Renting an apartment in Canada can range widely, with major metropolitan areas typically having higher costs. The provided figures, based on data from 2022, illustrate this variation for 1-bedroom apartments in key Canadian cities:
City | 1-Bed Apartment in City Center (USD) | 1-Bed Apartment Outside of City Center (USD) |
---|---|---|
Montreal | 1,005.06 | 735.58 |
Ottawa | 1,280.15 | 968.80 |
Toronto | 1,592.83 | 1,365.54 |
Vancouver | 1,674.23 | 1,340.17 |
As shown, cities like Vancouver and Toronto exhibit the highest rental costs, especially for apartments situated in their city centers. Conversely, Montreal offers comparatively lower rental prices for 1-bedroom units. These figures highlight the importance of location when budgeting for an apartment in Canada. For more detailed insights into the cost of living, including other expenses, you can refer to resources like the Cost of Living in Canada guide.