Primary Rental Market
Summary Statistics

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  1. Historical Time Periods
  2. Current Geography

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Fredericton (C) — Historical Rental Market Statistics Summary

  Vacancy Rate (%) Availability Rate (%) Average Rent ($) Median Rent ($) % Change Units
1990 October 0.7 a ** 478 a 465 a ** 4,765
1991 October 1.3 a ** 498 a 485 a 5.0 b 4,855
1992 October 3.3 b ** 509 a 500 a 2.5 b 4,968
1993 October 3.1 a ** 513 a 500 a ** 5,149
1994 October 4.8 a ** 526 a 525 a 1.9 c 5,208
1995 October 3.4 a ** 534 a 525 a 0.7 b 5,323
1996 October 3.0 a ** 539 a 532 a 1.5 b 5,348
1997 October 4.6 a ** 547 a 540 a ++ 5,436
1998 October 3.4 a ** 553 a 550 a 1.2 a 5,707
1999 October 1.5 a ** 557 a 550 a 0.7 b 5,842
2000 October 1.3 a ** 579 a 565 a 2.6 c 6,453
2001 October 1.4 a ** 594 a 585 a 3.6 b 6,383
2002 October 0.9 a ** 603 a 590 a 1.5 c 6,520
2003 October 1.5 a ** 614 a 600 a 2.0 b 6,625
2004 October 3.7 a ** 644 a 630 a 3.2 c 6,930
2005 October 4.0 a 4.8 a 664 a 650 a 2.6 c 7,036
2006 October 4.7 a 4.8 a 687 a 675 a 1.6 c 7,484
2007 October 6.3 a 6.8 a 691 a 680 a 1.3 a 7,221
2008 October 4.2 a 4.2 a 696 a 675 a 1.0 a 7,209
2009 October 2.3 a 2.3 a 717 a 695 a 2.3 a 7,081
2010 October 2.5 a 2.6 a 738 a 725 a 2.6 a 7,335
2011 October 2.4 a 2.6 a 756 a 725 a 1.8 a 7,324
2012 October 4.0 a 4.3 a 779 a 750 a 2.8 a 7,362
2013 October 6.0 a 6.4 a 781 a 750 a 0.7 a 7,406
2014 October 5.7 a 5.8 a 812 a 775 a 1.3 a 7,716
2015 October 5.4 b 5.9 a 821 a 795 a 1.3 a 7,823
2016 October 4.5 a 5.4 a 840 a 800 a 2.0 b 7,989
2017 October 2.1 a 2.3 a 864 a 825 a 1.9 b 8,217
2018 October 2.0 a ** 901 a 850 a 3.4 b 8,539
2019 October 1.3 a ** 955 a 913 a 4.0 b 8,655
2020 October 2.4 a ** 981 a 930 a 2.5 b 8,982
2021 October 1.7 a ** 1,049 a 995 a 4.4 b 9,121
2022 October 2.1 a ** 1,149 a 1,095 a 9.0 b 9,506
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
Source: CMHC Rental Market Survey (opens in new window)