Rents Continue to Slide in Greater Victoria, Dropping 6% in Past Year

Rents continue to slide in Greater Victoria, dropping 6% in past year

The average price of a 1-bedroom in Victoria slid to $2,020, the 5th most expensive rate in Canada

Rent is dropping across Canada but Montreal apartments just got more expensive

Across most of Canada, renters are finally catching a break, but Montreal tenants aren't feeling any relief.According to Zumper's August 2025 Canadian Rent Report, the national median price for a one-bedroom apartment fell 0.7% last month to $1,821, while two-bedrooms dropped 0.4% to $2,242. On an annual scale, both are down just over 4%, marking the tenth straight month of year-over-year declines.The slowdown is hitting hardest in Canada's pric…