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Lethbridge rentals up year over year in November

Dec 16, 2021 | 8:42 AM

LETHBRIDGE, AB – Rental prices in Lethbridge are up year over year.

That’s according to the latest National Rent Report from Bullpen Research & Consulting and Rentals.ca. The average monthly rent for all Canadian properties listed on Rentals.ca in November was $1,817. That’s up 3.6 per cent year over year and up monthly by one per cent.

In Alberta, Lethbridge finished 30th for average monthly rent in November for a one-bedroom home at $1,003 and for average monthly rent for a two-bedroom at $1,180. Year over year, average monthly rent in November in Lethbridge was up 5.3 per cent for a one-bedroom and up 6.1 per cent for a two-bedroom rental.

Calgary was the most expensive city in the province on the list, placing 25th out of the 35 cities listed.

Calgary’s average monthly rent in November for a one-bedroom was $1,233 and the city placed 27th for average monthly rent on a two-bedroom at $1,551.

Below is a list of how all cities listed in Alberta fared in November:

  • Calgary (25)
    • One-bedroom average rent: $1,233 (down 1.83% month over month, up 2.84% year over year)
    • Two-bedroom average rent: $1,551 (down 1.59% month over month, up 3.75% year over year)
  • Edmonton (29)
    • One-bedroom: $1,023 (down 0.49% month over month, down 1.73% year over year)
    • Two-bedroom: $1,258 (down 0.40% month over month, down 1.87% year over year)
  • Lethbridge (30)
    • One-bedroom: $1,003 (down 3.56% month over month, up 5.25% year over year)
    • Two-bedroom: $1,180 (up 0.94% month over month, up 6.12% year over year)
  • Red Deer (33)
    • One-bedroom: $912 (down 4.30% month over month, down 4.30% year over year)
    • Two-bedroom: $1,115 (up 3.05% month over month, up 9.53% year over year)
  • Grande Prairie (34)
    • One-bedroom: $825 (down 7.92% month over month, down 13.97% year over year)
    • Two-bedroom: $1,009 (up 2.90% month over month, down 1.61% year over year)
  • Lloydminster (35)
    • One-bedroom: $742 (down 1.46% month over month, down 1.20% year over year)
    • Two-bedroom: $854 (down 1.84% month over month, down 7.87% year over year)

The full rent report can be viewed here.