Canadian housing: rental vacancy rates 2011-2023, by province
The vacancy rate of rental apartments decreased across most provinces in Canada in 2023. Prince Edward Island and Nova Scotia had the lowest vacancy rate of 1.1 percent, whereas the average for the country stood at 1.5 percent. Ontario and British Columbia had 1.7 percent and 1.2 percent of rental properties unoccupied. The two provinces were home to the most expensive rental markets in the country, Vancouver and Toronto.
