Primary Rental Market
Summary Statistics

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  2. Historical Time Periods

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Moncton (C) — Historical Rental Market Statistics Summary

  Vacancy Rate (%) Availability Rate (%) Average Rent ($) Median Rent ($) % Change Units
1990 October 1.9 b ** 414 a 405 a ** 5,287
1991 October 2.3 b ** 431 a 425 a 3.5 c 5,366
1992 October 2.9 b ** 446 a 450 a 2.6 b 5,350
1993 October 3.5 b ** 449 a 445 a 0.8 d 5,476
1994 October 5.7 b ** 461 a 455 a ++ 5,685
1995 October 5.4 b ** 466 a 460 a 1.0 a 5,767
1996 October 5.5 b ** 475 a 470 a ++ 5,877
1997 October 5.4 b ** 487 a 485 a 1.4 a 5,940
1998 October 6.4 b ** 493 a 490 a 0.5 b 5,970
1999 October 3.7 b ** 499 a 495 a 0.8 a 6,032
2000 October 1.8 b ** 519 a 510 a 2.8 c 7,127
2001 October 1.5 a ** 519 a 520 a ++ 6,873
2002 October 2.1 b ** 541 a 535 a 2.3 b 6,910
2003 October 2.6 b ** 549 a 550 a 2.0 c 7,192
2004 October 4.6 b ** 582 a 575 a 1.9 b 7,350
2005 October 4.7 b 6.4 a 579 a 575 a 1.7 b 7,514
2006 October 5.9 b 6.4 b 607 a 595 a 2.0 b 8,034
2007 October 4.3 b 5.8 b 610 a 610 a 2.0 b 7,822
2008 October 2.4 a 3.1 b 625 a 620 a 2.6 b 7,869
2009 October 4.0 b 4.6 b 646 a 645 a 2.5 a 7,910
2010 October 4.3 b 5.6 a 658 a 655 a 1.7 a 7,936
2011 October 4.6 a 5.1 a 677 a 675 a 2.0 b 7,859
2012 October 6.8 b 7.5 b 702 a 680 a 2.1 c 7,910
2013 October 9.7 a 10.3 a 704 a 695 a 1.7 b 8,167
2014 October 9.3 a 9.6 a 714 a 700 a 0.7 a 8,606
2015 October 8.2 a 8.7 a 715 a 700 a ++ 8,605
2016 October 6.5 b 7.7 a 758 a 745 a 2.4 a 8,979
2017 October 4.6 b 5.2 b 751 a 740 a ++ 9,108
2018 October 2.8 b ** 777 a 760 a 3.6 b 9,101
2019 October 2.4 a ** 820 a 785 a 2.5 b 9,459
2020 October 2.6 a ** 880 a 842 a 5.5 b 9,993
2021 October 1.5 a ** 982 a 920 a 3.4 d 10,281
2022 October 1.9 b ** 1,046 a 995 a 7.0 b 10,752
2023 October 1.6 c ** 1,155 a 1,100 a 7.4 c 10,863
2024 October 1.6 b ** 1,272 a 1,200 a 6.9 c 12,183
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)