Rental Market

  • Considering the number of households in core housing need, the amount of 3+ bedroom rental housing in the Saskatoon market is insufficient.

Table 1.8  Number of Private Apartment Units in the Universe by Zone and Bedroom Type, Saskatoon CMA

Source: Rental Market Report – Saskatoon CMA – Fall 2016

  • Rents have increased significantly over the past ten years, and continue to rise even with a softening market. Since 2006, rents have increased by 60% on average.

Table 1.9 : Private Apartment Average Rents ($) by Zone and Bedroom Type, Saskatoon CMA

Source: Rental Market Report – Saskatoon CMA – Fall 2016

 

Table 1.10 Private Apartment Average Rent($) and Estimate of Percentage Change (%) of Average Rent by Bedroom Type Saskatoon CMA 2006-2016

Source: CMHC