Rent rises over 11% in one year in Lethbridge
LETHBRIDGE, AB – Renters in Lethbridge are having to adjust their budgets.
In the National Rent Report from Rentals.ca and Bullpen Research and Consulting for April 2022, home rental prices in the city have increased far faster than inflation.
Last month, a typical one-bedroom unit rented for an average of $1,079 per month, 13.94% higher than at the same time the previous year.
Rental homes with two bedrooms in Lethbridge went for $1,199 per month, increasing 11.53% year-over-year.