The latest National Rent Report lists Lethbridge as one of the more affordable places to live in Canada.
The report, from Rentals.ca and Urbanation, placed Lethbridge as the seventh-cheapest place to rent in the country, at the 54th slot out of 60 communities listed.
In February, Lethbridge’s total average rent was reported at $1,502 a month.
A one-bedroom unit in the city cost renters, on average, $1,361 a month. That was a drop of 0.6 per cent month over month, and a drop of 1.3 per cent year over year.
For a two-bedroom, it cost renters $1,582 on average, up 0.8 per cent month over month and unchanged from the year over year average.
For the province, the report listed the average monthly rental rate in February at $1,750.
Airdrie was listed as the most expensive city for renters in Alberta, with an average monthly rate of $1,914, followed by Calgary at $1,870.
Edmonton came in at the 50th spot on the list with an average rental rate of $1,590, with Red Deer at $1,556, followed by Lethbridge, then Medicine Hat at $1,364 and Fort McMurray at $1,353. The average monthly rent in Lloydminster was listed at $1,255.
Meanwhile, the average monthly rent for all of Canada was $2,030, down 2.8 per cent year over year to a 33-month low.
The full National Rent Report for February is available on the Rentals.ca website.
