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Average home rent in Lethbridge jumps substantially in 2021

LETHBRIDGE, AB – If you rent a place in Lethbridge to live you may have experienced a jump in the monthly cost last year.

According to the National Rent Report from Rentals.ca, average monthly rent was up year-over-year here in the and in some cases, a fair bit.

Last month, the average cost for a one bedroom place was up 4.6% to around $994. That’s compared to December of 2020.

For a two bedroom home in the city, rent last month was just under $1,200. That a jump of nearly 7% year-over-year.

Even with that, Lethbridge is still on the lower end of rental prices on a list of 35 cities across Canada. Lethbridge came in at number 31.

The highest average monthly rent in Alberta is in Calgary followed by Fort McMurray, Edmonton, and then Lethbridge.

Nowhere in Canada though is it more pricy to rent a place than in Vancouver. A one bedroom place in that west coast city will run you over $2,100 a month and for two bedrooms, you’d be shelling out close to $3,000 a month.

Patrick Siedlecki
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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