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Sample of Apartment Rents in Halifax

Source:听

Rental Market Report Highlights

• Vacancy Rate remained at 1%, dropping to 0.6% in areas that are popular with students.
• The average rent for a two-bedroom unit is $ 1,449 UP by 9.3%
• Largest increase in Mainland South zone & highest rent paid in the Peninsula South zone

CMHC report based on Oct, 2022 data.

Based on current listing averages from听, the prices have risen even higher since the release of the CMHC report.听

According to, median rent prices in Halifax as of March 2023 are:

These represent a 18-54% increase over March 2022.

Some factors to consider

• Rents will vary depending on the apartment location, age, and condition.
• It is generally more expensive to live in locations close to H漫画 University Campuses than elsewhere in the Halifax Regional Municipality or Town of Truro.听
• These are the average housing costs in the Halifax Regional Municipality (HRM), housing outside of the HRM (such as the village of Bible Hill) are usually lower but transportation costs must be considered.听听

Creating a Budget

When creating a budget, consider the following:

• Upfront you will have to pay a security deposit (equal to a half a month's rent),听tenant's听insurance听and the first听month's rent.
• Continuously you will be paying:
  • Rent
  • Utilities (internet, power, phone bills)

Budgeting Resources:

• Dal Money Matters
• 听(current data)

Utilities

Check with your landlord, if you鈥檙e not sure what utilities are included in your rent.听If you do have to arrange for your own utilities or services, many providers offer special packages or information for students.

Electricity

• Set up an account 7-10 days in advance

Telephone, Internet & Television

• Multiple providers available: , , , (internet only)
• Pricing available for individual services or in bundles

Keep in mind that hooking up services, such as electricity, will involve a one-time connection fee. Costs are provided as estimates only.