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Canada's Rental Market Cools: Vancouver Down 7.4%, Edmonton Most Affordable

8/16/2025

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Summary

Story summary

Vancouver's one-bedroom rents decreased by 7.4% to $2,500, according to Zumper's rent report.
Edmonton is now the most affordable city in Canada, with one-bedroom rents averaging $1,310, down 2.2%.
Calgary's one-bedroom rents fell by 9.2%, averaging $1,670.
The report highlights a cooling rental market nationwide due to rising housing supply and affordability issues.

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Story summary

Vancouver's one-bedroom rents decreased by 7.4% to $2,500, according to Zumper's rent report.
Edmonton is now the most affordable city in Canada, with one-bedroom rents averaging $1,310, down 2.2%.
Calgary's one-bedroom rents fell by 9.2%, averaging $1,670.
The report highlights a cooling rental market nationwide due to rising housing supply and affordability issues.