The average asking price for two-bedroom rent in the Central Okanagan has dropped for the fifth time in the last six months.
According to Castanet classifieds stats, the asking price in January was $2,157 for two bedrooms. That was down from December’s mark of $2,204.
The two-bedroom average also dropped every month from August to November.
Meanwhile, the average asking price for a one-bedroom apartment increased from December to January. Last month’s mark was $1,589, which was up $19 from the previous month.
The two-bedroom statistics were based on 106 listings, while the one-bedroom average came from 56 advertisements.