Rent in Lethbridge remains among the lowest of the 60 municipalities included in a report looking at rents in July.
According to the National Rent Report from rentals.ca and Urbanation, last month, Lethbridge was 53rd on the list with the average price for a one-bedroom unit in the city costing on average $1,336 per month, up 0.8 per cent from June, but was a 4.6 per cent decline from July 2024. A two-bedroom unit on average costs $1,621 per month, a 0.4 per cent decline from the previous month, but a 6.3 per cent increase from July of last year.
Seven other cities in the province were also on the list, with Calgary ending up 42nd, Airdrie 47th, Edmonton 52nd, Red Deer 54th, Fort McMurray 57th, Medicine Hat 58th, and Lloydminster 59th.
Year-over-year rent in Alberta saw a 3.9 per cent decline.
