When it comes to renting a first home in Canada, newcomers are in luck.

According to the latest rental reports, rental prices in Canada continue to fall across most of the country, and rental demand is also down. Both rent prices and demand are expected to continue falling throughout 2025. Canada is definitely a renters market.

In fact, the decreased demand for rental housing in Canada means that landlords are offering incentives and concessions to renters. These include one or two months of free rent, free WiFi, utilities, and other amenities. So, be prepared to negotiate.

However, rental affordability remains a challenge for both domestic and newcomer renters. Rent prices, particularly in Toronto and the Greater Toronto Area (GTA) and Vancouver and the Greater Vancouver Area (GVA), remain high, well above pre-pandemic levels. British Columbia and Ontario are still Canada’s most expensive provinces for renting.

That’s why choosing the right city to settle in remains your most important decision, and we’re here to help you make it.

It is more important than ever for newcomers to research rental housing before arriving in Canada so that they can pick the city where housing prices fit their budget and aspirations.

Our Prepare for Canada/Rentals for Newcomers newsletter aims to help you and your family make the best housing decisions before and after arriving. 

We have three FREE housing solutions for newcomers:

• Rentals for Newcomers (our newcomer-friendly FREE national rental listings site).
• Working with a Real Estate Agent  (partnering for FREE with a realtor gives you a competitive edge in your search for a rental).
• Rooms for Newcomers (being a housemate and renting a room in a Canadian home is easy, safe, and cheaper. Registration is FREE).

One of these solutions may be the perfect match for you and your family. 

Remember, you can register for  FREE at our  Rentals for Newcomer rental apartment listings site. We have thousands of rentals in popular cities such as Brampton, Surrey, Edmonton, and Toronto. Our newcomer-friendly rental listings for cities all across Canada feature verified Canadian landlords who value newcomers as tenants.

You can also register for our FREE monthly Renting Webinar for Newcomers, where you'll receive expert advice and helpful tips about finding and renting your first home in Canada.

We also offer FREE information about insurance (travel/medical/health and tenant insurance), which will help you and your family find security and peace of mind in Canada.  

Please enjoy this month's stories and advice. Be sure to join us at our next FREE renting webinar, where we will give you the tools to find your first rental home in Canada.

David Frattini

Managing Partner

Prepare For Canada

p.s. If you're interested in the latest news about the Canadian job market, please check out our new Canadian Job Market Report: Latest Stats and Trends.