In a considerably shocking report, Kelowna was ranked as having the fourth-most costly rental costs within the nation.
In line with the web site Zumper.com, the median worth of a one-bedroom rental in Kelowna is now $1,610 a month.
That’s properly beneath Vancouver, at $2,130 a month, however forward of a lot greater cities, like fifth-place Victoria ($1,600), seventh-place Ottawa ($1,500) and Tenth-place Hamilton ($1,450).
“Kelowna up a spot to turn out to be the fourth-most costly rental market with one-bedroom hire growing 0.6 per cent to $1,610, whereas two-bedrooms jumped 4.8 per cent to $2,180,” Zumper mentioned in its latest Canadian Rent Report.
The median worth for a two-bedroom in Vancouver was listed at $2,900.
Toronto was second, with one-bedrooms at $1,800 and two-bedrooms at $2,250.
Barrie, Ont., was third, with one-bedrooms at $1,700 and two-bedrooms at $1,850.
Victoria was fifth, with one-bedrooms at $1,600 and two-bedrooms at $2,150.
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Yr over 12 months, Zumper mentioned Kelowna’s one-bedroom pricing elevated 7.3 per cent from 2020, whereas two-bedroom pricing elevated 24.6 per cent.
In June, PadMapper launched its Canadian Rent Report.
PadMapper had Vancouver in first by way of rental pricing, with one-bedroom rents going for $1,950. Toronto got here in second ($1,800) and Burnaby, B.C., in third ($1,700).
They have been adopted by:
- Barrie ($1,650)
- Victoria ($1,600)
- Oshawa ($1,570)
- Kelowna ($1,520)
- Ottawa ($1,480)
- Kitchener ($1,380)
- Montreal ($1,380)
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https://globalnews.ca/information/8271767/kelowna-rental-prices-canada/ | New hire report lists Kelowna as 4th costliest place in Canada