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Winnipeg renters are paying 23% more than they did a year ago, according to the February National Rent Report.

The Rentals.ca and Bullpen Research & Consulting report released on Tuesday, however, still had Winnipeg as one of Canada’s more affordable cities to rent in. he report compared rents from January 2019 to this past January, Winnipeg finished 20th out of 30 cities for average monthly rent in January for a one-bedroom home of $1,117 and 19th for a two-bedroom at $1,401.

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Montreal led Canada with a rent increase of 38% while London, Ont. was at 36% and Toronto at 22%. Seven other Canadian cities are in double-digit percentage increases for annual growth in median rents for apartments in January: Mississauga, 19%; North York, 18%; Etobicoke, 16%; Ottawa, 12%; Scarborough, 12%; Quebec City, 12% and Kitchener, 11%.

Toronto remains the most expensive city in Canada for monthly rents for a one-bedroom and two-bedroom home at $2,315 and $2,926 respectively.

Four prairie cities had double-digit percentage decreases for annual growth in median rents for only apartments in January as Saskatoon was in at -16% Red Deer at -14%, Regina -14% and Edmonton -10%.

Average rents nationally for all property types are up just 1.3% over last year.

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 Canada.