However, when Rentals.ca and Urbanation looked at rental price growth, they found Calgary saw the fastest increases among Canada's largest markets for purpose-built and condo apartments.

Source: https://www.cp24.com/news/average-rent-in-march-sees-first-month-over-month-increase-since-november-report-1.6354392

Tal and Hildebrand's report comes after Rentals.ca research revealed average advertised rental prices in April were up 20 per cent from pandemic lows in April 2021.

Source: https://www.cp24.com/news/more-than-half-of-gta-condo-investors-losing-money-on-properties-report-1.6417739

The most affordable place to rent on the Rentals.ca report is Lloydminster, Alberta.

Source: https://www.chch.com/average-rent-for-1-bedroom-apartment-over-1700-in-hamilton/