Brampton renters are paying significantly more than most Canadians, with new data showing the city’s average asking rent was 12.5 per cent higher than the national average last month. According to the latest National Rent Report, Brampton’s average rent across all property types reached $2,372 in November, up from $2,269 in October — an increase of more than 4 per cent in just one month.
By comparison, the average asking rent across Canada stood at $2,074, making Brampton nearly $300 more expensive for renters. While the gap narrows somewhat in the condo market, Brampton remains costlier: the national average condo rent was $2,157, while Brampton’s averaged $2,261.
One-bedroom condo and apartment rentals were especially pricey in the city, averaging $1,982 — roughly 19 per cent higher than the national one-bedroom condo average of $1,624. Two-bedroom units, however, were more in line with national pricing, costing just $22 more than the Canada-wide average of $1,960.
The report highlights ongoing challenges for Brampton’s purpose-built rental market, which showed nearly a 12 per cent decline in November, marking it as one of the slowest-growing rental markets outside Canada’s six largest cities. Despite the slowdown, Brampton still recorded one of Ontario’s highest average prices for purpose-built rentals at $2,261, ranking 20th among the 25 highest-priced rental markets nationwide.
Neighbouring markets showed mixed results: Halifax ranked just above Brampton at $2,275; Langley, B.C. followed at $2,254; and Mississauga placed 9th overall.
Across Canada, the steepest rent declines were concentrated in Ontario and British Columbia, with 13 of the 15 cities experiencing the biggest annual drops located in those two provinces. East York saw the sharpest fall, with rents plummeting 19.1 per cent to $2,058, followed by New Westminster, B.C., where prices fell 16.2 per cent to $2,136.
Meanwhile, Kingston earned the title of Canada’s fastest-rising rental market in November as nationwide affordability pressures continue to reshape the rental landscape.