After a months-long stint of having the third-highest rents in Canada, Toronto has surged back up to reclaim its former title of the second most expensive place to be a tenant in the country, after only Vancouver.
The nation's top 10 priciest places to rent an apartment, per Rentals.ca and Urbanation's February 2024 data. Canada has seen a drastic spike in rent prices in recent months, largely thanks to higher interest rates. Graph from Rentals.ca and Urbanation.
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