Primary Rental Market
Summary Statistics

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  1. Historical Time Periods
  2. Current Geography

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Halifax (RGM) — Historical Rental Market Statistics Summary

  Vacancy Rate (%) Availability Rate (%) Average Rent ($) Median Rent ($) % Change Units
1999 October 3.6 b ** 590 a 560 a 2.3 b 34,557
2000 October 3.6 b ** 606 a 575 a 2.6 b 35,778
2001 October 2.8 a ** 630 a 595 a 2.5 b 35,952
2002 October 2.7 a ** 659 a 625 a 2.4 a 36,832
2003 October 2.3 a ** 676 a 640 a 2.9 b 36,955
2004 October 2.9 a ** 707 a 655 a 2.2 c 37,553
2005 October 3.3 a 4.1 a 710 a 670 a 2.1 b 37,635
2006 October 3.2 a 3.8 a 745 a 685 a 2.5 b 38,339
2007 October 3.1 a 3.6 a 761 a 695 a 2.0 a 38,550
2008 October 3.4 a 3.9 a 782 a 725 a 2.0 a 38,991
2009 October 2.9 a 3.2 a 819 a 750 a 2.8 a 39,958
2010 October 2.5 a 3.3 a 837 a 775 a 2.9 a 40,518
2011 October 2.4 a 3.1 a 868 a 795 a 2.0 a 41,034
2012 October 3.0 a 3.9 a 894 a 825 a 2.6 a 41,764
2013 October 3.2 a 4.2 a 914 a 850 a 1.6 b 42,835
2014 October 3.8 a 4.5 a 936 a 850 a 1.7 b 44,423
2015 October 3.4 a 4.5 a 976 a 890 a 2.1 a 45,714
2016 October 2.6 a 3.7 a 989 a 900 a 1.8 a 46,097
2017 October 2.3 a 3.1 a 1,030 a 925 a 2.3 a 47,848
2018 October 1.6 a ** 1,069 a 973 a 2.1 a 49,609
2019 October 1.0 a ** 1,116 a 1,025 a 3.8 a 51,387
2020 October 1.9 a ** 1,172 a 1,099 a 4.1 a 52,913
2021 October 1.0 a ** 1,247 a 1,175 a 5.1 b 54,054
2022 October 1.0 a ** 1,352 a 1,295 a 8.8 b 55,451
2023 October 1.0 a ** 1,538 a 1,486 a 11.9 c 55,811
Notes:
  • The following letter codes are used to indicate the reliability of the estimates: a — Excellent, b — Very good, c — Good, d — Poor (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).
Source: CMHC Rental Market Survey (opens in new window)