Open ProvincesKitchener-Cambridge-Waterloo, Ontario: rent and cost facts
Average rents from CMHC's rental market data for Kitchener-Cambridge-Waterloo, 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 | $1,255 |
| 1 bedroom | $1,546 |
| 2 bedrooms | $1,816 |
| 3 bedrooms or more | $1,861 |
What the rent means in hours of work
A 1-bedroom at the average rent takes about 86 hours of work a month at the Ontario minimum wage ($17.95/hour), or 50% 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) | 4.2% Previous year : 3.7% |
|---|---|
| New housing price index (December 2016 = 100, 2026-09) | 150.4 A year earlier : 153.5 |
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 Ontario
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) ↗