Kitchener is the 8th most expensive city to rent in Canada: report
Posted Feb 17, 2021 02:15:00 PM.
According to a new report, Kitchener is considered one of the most expensive cities to rent in Canada.
The report, done by Padmapper, says that the average rent for a one-bedroom apartment in Kitchener is $1,390.
That would put Kitchener in 8th place out of a top ten list of cities across the country.
That's up two positions from a previous report that now says rent is growing at a rate of 5.3 per cent year over year.
That makes Kitchener more expensive than Hamilton or Montreal according to the latest list.
For a two-bedroom apartment, the average rate of rent is $1,670, with a year over year increase of 7.7 per cent.
Vancouver, Toronto and Burnaby top the list of most expensive places to rent.