Open ProvincesHalifax, Nova Scotia: rent and cost facts
Average rents from CMHC's rental market data for Halifax, with the provincial minimum wage and local housing indicators where Statistics Canada publishes them.
Average rent (CMHC, 2025)
| Type of unit | Average rent per month |
|---|---|
| Studio | $1,362 |
| 1 bedroom | $1,539 |
| 2 bedrooms | $1,828 |
| 3 bedrooms or more | $2,254 |
What the rent means in hours of work
A 1-bedroom at the average rent takes about 91 hours of work a month at the Nova Scotia minimum wage ($17.00/hour), or 52% of a month of full-time work (40 hours a week).
Local housing and fuel figures
| Rental vacancy rate (apartments of six units or more, October 2025) | 2.5% Previous year : 2.0% |
|---|---|
| New housing price index (December 2016 = 100, 2026-09) | 128.0 A year earlier : 127.2 |
| Regular gasoline (2026-09) | 193.2 ¢/L A year earlier : 147.3 ¢/L |
| Residential property tax rate (2026, as published by the city) | $0.687 per $100 of assessed value (urban general rate; provincial and other charges come on top) |
Rents are averages for existing units in purpose-built rental buildings and are not what a new listing will ask. Hours of work are an illustration, not a budget.
More for Nova Scotia
Sources
- CMHC / Statistics Canada: Statistics Canada, Table 34-10-0133-01 (CMHC, average rents for areas with a population of 10,000 and over) ↗
- Canada Mortgage and Housing Corporation, Rental Market Survey (Statistics Canada Table 34-10-0127-01), apartment structures of six units and over, October ↗
- Statistics Canada, Tables 34-10-0158-01 (CMHC housing starts, seasonally adjusted at annual rates) and 18-10-0205-01 (new housing price index, total house and land, 201612=100) ↗
- Halifax: tax rates ↗