Friday, October 22, 2021
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Average monthly rent in Lethbridge increases in 2020 over previous year

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LETHBRIDGE, AB. – Despite the COVID-19 pandemic, the average cost to rent a place in Lethbridge actually went up last year.

Data released by Rentals.ca says year-over-year, average monthly rent for a one bedroom home was up 2.5% in Lethbridge, while rent for a two bedroom place jumped 8.2%.

That’s certainly on the opposite end of what was a downward trend for rent across the country as a whole in 2020.

Rentals.ca says Lethbridge though remains an affordable city for renters, with the average monthly cost to rent a one bedroom place at $950 and a two bedroom around the $1,100 mark.

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Across the province, average monthly rent for single-family homes fell 10% between 2019 and 2020 and condo and apartment rents dropped 3%.

Meanwhile, the most expensive place in Canada for rent is now in Vancouver. Out of the 35 cities in this report, Vancouver’s rental market in December was quite high: a one-bedroom home at $1,855 a month and for a two-bedroom at $2,635.

The National Rent Report charts and analyzes monthly, quarterly and annual rates and trends in the rental market on a national, provincial, and municipal level across all listings on Rentals.ca for 35 cities across Canada.

In December, Lethbridge came in at number 29 on that list.

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Patrick Siedlecki

Pat has been a mainstay in the CJOC News department from the time the station launched in 2007. He’s been in the position of News Director since then and has been anchoring daily news casts as well as reporting and working behind the scenes.

Community is important to him and keeping CJOC listeners and readers informed about what’s happening across southern Alberta and beyond.

Pat has been in radio broadcasting for the past 24 years, starting in Port Alberni on Vancouver Island in 1997 and then moving up island to Nanaimo for another few years before heading to Lethbridge in 2007.

Pat grew up in the small Saskatchewan farming town of Foam Lake. After high school, he went to Western Academy Broadcasting College (WABC) in Saskatoon prior to moving to the island.

Pat also spent several years broadcasting hockey in the BCHL as well as seven years as the radio voice of the Lethbridge Hurricanes in the WHL.

Pat has been working at Cornerstone Funeral Home in Lethbridge as a Certified Life Celebrant and Funeral Assistant since 2016.

News and sports have always been Pat’s passion from the time he was a teenager and he’s always been grateful to have had the opportunity to make that part of what’s been a fun and long radio career!

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