Primary Rental Market
Summary Statistics

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  1. Historical Time Periods
  2. Current Geography

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Summerside (CY) — Historical Rental Market Statistics Summary

  Vacancy Rate (%) Availability Rate (%) Average Rent ($) Median Rent ($) % Change Units
1998 October 8.6 a ** 508 a 530 a 2.7 b 977
1999 October 5.4 a ** 502 a 520 a ++ 982
2000 October 5.2 a ** 505 a 530 a ++ 973
2001 October 4.3 a ** 521 a 540 a 3.9 c 1,069
2002 October 3.8 a ** 537 a 530 a 1.7 b 1,098
2003 October 3.0 a ** 540 a 563 a ++ 1,099
2004 October 2.9 a ** 560 a 583 a ** 1,148
2005 October 2.8 a 4.4 a 581 a 576 a 3.0 c 1,225
2006 October 5.0 b 5.3 b 584 a 590 a 1.0 a 1,158
2007 October 2.0 a 2.2 a 583 a 590 a -0.5 b 1,166
2008 October 2.7 a 2.8 a 647 a 650 a 13.5 a 1,167
2009 October 1.0 a 1.0 a 663 a 680 a 2.5 a 1,174
2010 October 0.8 a 0.8 a 655 a 657 a -2.5 c 1,202
2011 October 0.7 a 0.8 a 664 a 672 a 1.4 a 1,212
2012 October 0.6 a 0.6 a 691 a 691 a 1.4 a 1,250
2013 October 1.8 b 1.8 b 711 a 707 a 1.8 a 1,290
2014 October 2.6 a 2.6 a 727 a 717 a 1.9 b 1,331
2015 October 4.9 a 4.9 a 743 a 729 a 1.9 b 1,426
2016 October 2.7 a 3.7 a 752 a 730 a -0.4 b 1,367
2017 October 1.6 b 1.8 b 772 a 739 a 1.9 b 1,413
2018 October 0.6 a ** 814 a 750 a 2.3 c 1,503
2019 October 0.7 a ** 821 a 795 a 1.4 a 1,503
2020 October 1.0 a ** 846 a 826 a 4.2 b 1,498
2021 October 0.7 a ** 869 a 838 a 1.7 c 1,609
2022 October 1.0 a ** 887 a 849 a 3.6 d 1,653
Notes:
  • The following letter codes are used to indicate the reliability of the estimates: a - Excellent, b- Very good, c - Good, d - Fair (Use with Caution)
  • ** Data suppressed to protect confidentiality or data not statistically reliable
  • ++ Change in rent is not statistically significant. This means that the change in rent is not statistically different than zero (0). (Applies only to % Change of Average Rent Tables).
  • - No units exist in the universe for this category
  • n/a: Not applicable