Listen Live
Listen Live
HomeNewsRenters paying more than ever in North Bay...

Renters paying more than ever in North Bay…

North Bay renters are paying more than ever.

That’s according to Canada Mortgage and Housing’s Spring Rental Market Report. It found that renting a bachelor apartment in the Gateway City is up 65-dollars from last spring, to an average of 550 dollars a month.

The total average rent is at 838-dollars a month, which is still an increase of 25 dollars. There are also fewer apartments to rent in the city, with the vacancy rate down to 3.4 per cent from 5 per cent in April.

 

- Advertisment -
- Advertisment -
- Advertisement -

Continue Reading