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Description

Data sourced from CMHC's annual Rental Market Survey conducted in October 2024. These tables provide detailed rental market statistics, including:

  • Core Metrics: universe (rental unit count), average_rent, rent_median, rent_quartile_1, rent_quartile_3, vacancy_rate_percent, availability_rate_percent, Turnover_rate_percent, and rent_change_percent.
  • Reliability Indicators: Corresponding reliability codes are provided for most metrics (e.g., average_rent_reliability, vacancy_rate_reliability, rent_median_reliability, Turnover_rate_reliability, etc.).

These statistics are disaggregated by various characteristics:

  • dwelling_type
  • construction_year_range
  • size_in_units_range
  • rent_range
  • rent_quartile_group
  • heating_included
  • bedroom_type

Survey Methodology: The survey employs a sample basis across all urban areas with populations >= 10,000. It focuses exclusively on privately initiated structures containing 3 or more rental units that have been available on the market for a minimum of 3 months.

Included in the file package are data for Canada, PR, CSD, CT, MET, Neighbourhood and Zone geographies. The latter three levels of geography are defined as follows: 

  • MET: Metropolitan area boundaries correspond to CMAs, CAs, or CSDs with a population of 10,000+ people as defined by Statistics Canada. This is updated annually based on population fluctuations.
  • Neighbourhood: Neighbourhoods are made up of CMHC-defined census tracts (which match Statistics Canada census tracts for the most part) and cannot cross zone boundaries.
  • Zone: Zones are primarily made up of one or many Statistics Canada Census Tract (CT) boundaries. Zone boundaries respect CT boundaries
Notes

Consult the Methodology Notes for more information on the CMHC Rental Market Survey.

Note that the CSV files are encoded using utf-8-sig to ensure the proper display of en dashes when the file is opened using Excel.

Years within data
2024
File format
File Size
7.9 MB
Date released
Full title
CMHC Rental Market Survey 2024