Average Rental Costs and Percentage Increase or Decrease

Comparison over the last five academic years:
2010-11 to 2016-17

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2015-16 to 2016-17

Rental Type 2015-16 2016-17 Percentage Change
Rooms  $888  $923 4%
Studios  $1,124  $1,202 7%
1 Bedroom House/Duplex  $1,719  $1,688 -2%
1 Bedroom Apartment/Condo  $1,520  $1,656 9%
2 Bedroom House/Duplex  $2,592  $2,643 2%
2 Bedroom Apartment/Condo  $2,301  $2,376 3%
3 Bedroom House/Duplex  $3,327  $3,461 4%
3 Bedroom Apartment/Condo  $3,107  $3,157 2%
4 Bedroom House/Apartment  $4,112  $4,183 2%
5 - 9 Bedroom House/Apartment  $5,520  $5,474 -1%
Annual % +/-  $26,210  $26,210 2.1%

2014-15 to 2015-16

Rental Type 2014-15 2015-16 Percentage Change
Rooms  $863  $888 3%
Studios  $1,035  $1,124 9%
1 Bedroom House/Duplex  $1,623  $1,719 6%
1 Bedroom Apartment/Condo  $1,354  $1,520 12%
2 Bedroom House/Duplex  $2,233  $2,592 16%
2 Bedroom Apartment/Condo  $2,017  $2,301 14%
3 Bedroom House/Duplex  $3,054  $3,327 9%
3 Bedroom Apartment/Condo  $3,032  $3,107 2%
4 Bedroom House/Apartment  $4,065  $4,112 1%
5 - 9 Bedroom House/Apartment  $4,740  $5,520 16%
Annual % +/-  $24,016  $26,210 9%

2013-14 to 2014-15

Rental Type 2013-14 2014-15 Percentage Change
Rooms  $767  $863 12.5%
Studios  $945  $1,035 9.5%
1 Bedroom House/Duplex  $1,335  $1,623 21.6%
1 Bedroom Apartment/Condo  $1,261  $1,354 7.4%
2 Bedroom House/Duplex  $2,158  $2,233 3.5%
2 Bedroom Apartment/Condo  $1,835  $2,017 9.9%
3 Bedroom House/Duplex  $2,757  $3,054 10.8%
3 Bedroom Apartment/Condo  $2,727  $3,032 11.2%
4 Bedroom House/Apartment  $3,618  $4,065 12.4%
5 - 9 Bedroom House/Apartment  $4,485  $4,740 5.7%
Annual % +/-  $21,888  $24,016 9.7%

2012-13 to 2013-14

Rental Type 2012-13 2013-14 Percentage Change
Rooms  $728  $767 5.4%
Studios  $892  $945 5.9%
1 Bedroom House/Duplex  $1,245  $1,335 7.2%
1 Bedroom Apartment/Condo  $1,226  $1,261 2.9%
2 Bedroom House/Duplex  $1,980  $2,158 9.0%
2 Bedroom Apartment/Condo  $1,847  $1,835 -0.6%
3 Bedroom House/Duplex  $2,685  $2,757 2.7%
3 Bedroom Apartment/Condo  $2,367  $2,727 15.2%
4 Bedroom House/Apartment  $3,394  $3,618 6.6%
5 - 9 Bedroom House/Apartment  $4,242  $4,485 5.7%
Annual % +/-  $20,606  $21,888 6.2%

2011-12 to 2012-13

Rental Type 2011-12 2012-13 Percentage Change
Rooms  $712  $728 2.2%
Studios  $870  $892 2.5%
1 Bedroom House/Duplex  $1,216  $1,245 2.4%
1 Bedroom Apartment/Condo  $1,221  $1,226 0.4%
2 Bedroom House/Duplex  $1,859  $1,980 6.5%
2 Bedroom Apartment/Condo  $1,749  $1,847 5.6%
3 Bedroom House/Duplex  $2,657  $2,685 1.1%
3 Bedroom Apartment/Condo  $2,460  $2,367 -3.8%
4 Bedroom House/Apartment  $3,283  $3,394 3.4%
5 - 9 Bedroom House/Apartment  $4,373  $4,242 5.6%
Annual % +/-  $20,400  $20,606 1.0%

2010-11 to 2011-12

Rental Type 2010-11 2011-12 Percentage Change
Rooms  $688  $712 3.5%
Studios  $872  $870 -0.2%
1 Bedroom House/Duplex  $1,216  $1,216 0.0%
1 Bedroom Apartment/Condo  $1,142  $1,221 6.9%
2 Bedroom House/Duplex  $1,802  $1,859 3.2%
2 Bedroom Apartment/Condo  $1,681  $1,749 4.0%
3 Bedroom House/Duplex  $2,529  $2,657 5.1%
3 Bedroom Apartment/Condo  $2,359  $2,460 4.3%
4 Bedroom House/Apartment  $3,224  $3,283 1.8%
5 - 9 Bedroom House/Apartment  $4,143  $4,373 5.6%
Annual % +/-  $19,656  $20,400 3.8%

Note: Asking prices for both furnished and unfurnished rentals; some include allowing 2 or 3 people per room, cost of utilities and/or other amenities. For statistical purposes, some zero rent or excessively priced listings omitted from calculations.