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Kelowna  

Kelowna's one-bedroom rent rate sixth most expensive in Canada

Kelowna rent continues rise

Kelowna has rocketed up the charts when it comes to the price of rent.

Padmapper released its August figures on Thursday, and Kelowna jumped from eighth to sixth when it comes to the median monthly rent of a one-bedroom unit.

The median cost is up 15.6% from last year at this time, checking in at $1,480 per month. Kelowna moved past Ottawa and Montreal to go from eighth to sixth.

Meanwhile, the median price of a two-bedroom home this month in Kelowna is $1,760. That is the seventh most expensive figure in major Canadian cities.

PadMapper analyzes 24 of Canada’s most populated metro areas for its monthly report.



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