Victoria may not be among Canada’s largest cities but it is one of the most expensive if you’re looking to rent a place to live.
According to PadMapper, the median price for a 1-bedroom unit in Victoria in February is $1330.
That places the city third behind Vancouver ($1900) and Toronto ($1620) and ahead of Montreal ($1180) and Ottawa ($1080).
The median cost of 2-bedroom unit in Victoria in January was $1470, again behind Vancouver ($3130) and Toronto ($2060).
Despite a recent rental unit construction boom in the city, Victoria’s vacancy rate was estimated at just 0.5% in October.
The PadMapper Canadian Rent Report analyzes rental data from hundreds of thousands of active listings across the country.