The Decibel Where is the best place to rent in Canada?
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Nov 13, 2025 Salmaan Farooqui, a personal finance reporter at The Globe and Mail, dives into the Canadian rental market. He reveals Edmonton as the top renter-friendly city, thanks to its affordability. Prairie cities are highlighted for offering great opportunities and lower costs. Farooqui discusses the impact of new housing completions on rent in Vancouver and the unexpected migration trends towards Alberta for cheaper rentals. He also shares insights on current rental dynamics, suggesting renters can negotiate deals while they last.
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How The Ranking Works
- The Globe ranked cities by affordability, availability, stability, and livability, with affordability and availability weighted most heavily.
- Those two categories made up 70% of the ranking score, emphasizing cost and supply over amenities.
Edmonton Leads Due To Low Rents
- Edmonton topped the list because rents are far lower than other million-plus cities and availability is strong.
- Average one-bedroom rent in Edmonton was $1,336, down 5.8% year-over-year, versus $2,463 in Vancouver.
Prairies Dominate The Top Spots
- Eight of the top 10 renter-friendly places are in the prairies, reflecting affordability and economic opportunity.
- Lower red tape and easier building in Alberta and Saskatchewan help increase supply and lower rents.