Saturday, September 18, 2021
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Sharp increases in average monthly rent in Lethbridge in July

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LETHBRIDGE, AB – If you’ve tried to rent a place to live in Lethbridge lately, you may have noticed it’s become a bit more expensive.

According to the latest report from Rentals dot.ca, monthly rent for a one bedroom place here in city in July increased to $991 dollars on average and for a two bedroom home, average rent jumped to just under $1,100 a month.

Those are big increases month-over-month.

To put that into perspective, average monthly rent in Lethbridge jumped 3.7% for a one bedroom home between June and July and 5.6% for a two bedroom place.

Across the country as a whole, average monthly rent is up coast-to-coast for a third straight month.

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“As employees get called back to the office, and colleges and universities announce their reopening plans, demand has increased significantly in central locations,” says Ben Myers, president of Bullpen Research & Consulting. He notes is particularly noticeable in Toronto and Vancouver where bidding wars are being reported again for rental properties.

Vancouver continues to lead the list of 35 cities for highest average monthly rent for a one bedroom home at $2,185 and for a two bedroom at $3,041. Toronto finished second for average monthly rent in July for a one bedroom home at $1,855 and for a two bedroom at $2,606.

(With files from Rentals.ca)

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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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