The average price of a rental in the Friendly City for a one-bedroom home was $1,439, and average monthly rent for a two-bedroom was $1,725.
The City of Woodstock remains a bargain for renters, when compared to GTA prices.
The average rent for all Canadian properties according to Rentals.ca in February was $1,820 per month, an increase of 6.2 per cent annually.
Ontario had the second highest monthly average rental rates of all the Provinces at $2,118 per month, which is a 10.4 percent year over year increase. Woodstock was not listed in the top 35 most expensive places to live. The average price of a rental in the Friendly City for a one-bedroom home was $1,439, and average monthly rent for a two-bedroom was $1,725.
Compare those numbers to Toronto, where the average one bedroom rental is $2,044 and the average for a two-bedroom rental is $2,778.
President of Bullpen Research and Consulting Ben Myers says the rental market in Canada has been trending upwards for awhile now.
"The rental market overall in Canada continues to trend upward in the post-vaccine pandemic period, with continued strength in the market for larger suites. Growth in average rents for one-bedroom units lags other bedroom types, with two-, three- and four-bedroom units exceeding February 2020 pre-COVID-19 rent levels last month. British Columbia, specifically Vancouver, and downtown Toronto are leading the market recovery, pushing rents up nationally."

Oxford OPP Lay Charges After Warrant Execution
Camping Season is Open at Pittock
Application Window Open for Oxford County Grants Program
PJHL Preview - Schmalz Cup Final
Oxford Winds Celebrates 30 Years
Nomination Period Opens for Municipal Election
Theft in Thamesford is Under Investigation
Winning Lotto 6/49 Ticket Sold in Oxford
Thamesford Lions Club Celebrates 65 Years
Yellow Frost Advisory Issued for Oxford
News Poll: Schmalz Cup 2026
Realtors Care Food Drive Returns Next Week
PJHL Playoff Recap - April 29th
Charges Laid After Altercation in Woodstock
New Partnership Protects Land in Oxford
Bomb Threat Unfounded in Woodstock
Big Projects Announced for TVDSB
Tick Season Reminders from Southwestern Public Health
PJHL Playoff Recap - April 28th
Highway Construction Approaching in Burgessville
Comments
Add a comment