Average asking rents fall over 4% in June compared to last year, new report says

Asking rents in Canada continued to sink lower last month compared with a year ago, with a new report pegging the average cost at $2,033 for June.

The latest monthly analysis from Rentals.ca and Urbanation says that’s down 4.3 per cent from June 2025, marking the 21st consecutive month of year-over-year declines.

Prices ticked up […] ...