Kelowna rent climbs again
Okanagan Edge Staff - Jan 15, 2019 - Biz Releases
Kelowna remains firmly ensconced as the seventh most expensive city in Canada in which to rent a one-bedroom apartment.
PadMapper released its January report on Tuesday, and the average price for a one-bedroom abode in the city in December was $1,300. That represented a four per cent increase from November and a whopping 15 per cent uptick over December 2017.
A two-bedroom apartment in Kelowna, meanwhile, was the fifth-most expensive in the country, checking in at $1,680. It was the same price in November, but it is a five per cent increase over December 2017. Only Toronto, Vancouver, Burnaby and Montreal have a higher two-bedroom average price.
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