Canada is known for being a welcoming country to newcomers, but sometimes, finding an affordable apartment can be a difficult task. With an increasing cost of living in most urban areas, it is becoming more challenging to secure a cheap apartment in Canada. However, with the right information and strategic steps, it is possible to get a cheap apartment in Canada. In this article, we will be unveiling how you can get a cheaper apartment in Canada, low cost of living among other relevant information.
Living in Canada
In Canada, the prices of apartments vary depending on the location, the size of the apartment, and the amenities it offers. The average monthly rent for a one-bedroom apartment in Toronto, for instance, is around CAD $2,200. Vancouver is not far behind with an average of CAD $1,800 while Edmonton is relatively cheaper with an average of CAD $1,100. It is essential to research the cost of apartments in your desired location before making a move to Canada. Statistics show that the cost of apartments in Canada keeps rising steadily each year. The average rent for all property types across Canada increased by 3.9% in 2023. The demand for apartments in Canada’s urban centres is high, and this makes it more challenging to find an affordable apartment, especially with the influx of immigrants and students. However, this should not discourage you from trying to find a cheap apartment in Canada as this article would be of tremendous help to you.
Where to Get a Cheaper Apartment in Canada
When you first arrive in Canada, finding a decent and affordable apartment can be a daunting task. With a lot of research, you can find a comfortable place without spending a lot of money. Below is a list of the best places you can consider to find a cheaper apartment in Canada:
- Windsor, Ontario: Located in southwestern Ontario, Windsor is a popular destination for many new immigrants to Canada. The cost of living in Windsor is lower compared to other cities in Canada. A one-bedroom apartment in Windsor can cost between CAD $600 to CAD $800 per month. The city has good public transportation, various parks, and retail outlets.
- Winnipeg, Manitoba: Winnipeg is a vibrant city with a relatively low cost of living, making it an affordable place to find an apartment. A one-bedroom apartment can cost between CAD $600 and CAD $900 per month in this city. Winnipeg has a diverse nightlife scene, many tourist attractions, and countless outdoor recreational activities for its residents.
- Moncton, New Brunswick: Monctonis a beautiful and friendly city known for its bilingual community. It’s a great place to live if you prefer a quieter lifestyle. A one-bedroom apartment can cost between CAD $650 and CAD $850 per month. The town has good transport connections, many retail stores, and year-round cultural festivals.
- Saskatoon, Saskatchewan: Located in central Canada, Saskatoon has a picturesque skyline and a key sign of comfort. A one-bedroom apartment costs between CAD $700 and CAD $900 per month in this city. This city has various bars, cafes, music, theatre, and dance performances for its residents and visitors.
- Sherbrooke, Quebec: Located in Quebec’s eastern townships, Sherbrooke is a city known for its unique blend of urban and rural life. A one-bedroom apartment can cost between CAD $450 to CAD $750 per month. The city boasts of mountainous and beautiful landscapes, the presence of museums, and an abundance of historical and cultural events.Bear in mind that rental prices vary depending on the season, so be sure to check rental prices in these cities regularly before deciding to buy an apartment.Bear in mind that rental prices vary depending on the season, so be sure to check rental prices in these cities regularly before deciding to buy an apartment.
What You Should Expect When Renting a Cheaper Apartment in Canada.
If you are a migrant looking for a cheaper apartment in Canada, there are several things you should expect. These apartments are available for those who have a limited budget as they are affordable. Here is what you should expect when renting a cheaper apartment in Canada:
- Limited Space: A cheaper apartment may not have as much space as a more expensive one. You can expect a smaller living area, less storage space, and possibly even shared spaces like laundry rooms or outdoor areas. However, this can also lead to less clutter and a simpler living experience.
- Fewer Amenities: While some cheaper apartments may still have amenities like laundry facilities or a common room, others may not. You may need to do your laundry at a laundromat, for example, or find other places to relax or entertain guests.
- Older Buildings: Many cheaper apartments are located in older buildings that may not be as well-maintained as newer ones. You might have to deal with some maintenance issues, like leaky faucets or creaky floors. However, some older buildings also have features that newer buildings lack.
- Limited Location Options: Cheaper apartments are often located in less trendy or desirable neighborhoods, or further from downtown areas. This can mean a longer commute to work or less access to amenities and social activities.
- Different Cost Structures: While a cheaper apartment may have a lower monthly rent, you may be required to pay for utilities or other expenses separately. You should also be aware of the landlord’s policies regarding security deposits and move-in fees.
- Greater Competition: Many people are searching for cheaper apartments, meaning there may be greater competition for available units. You should be prepared to act quickly and have all the necessary paperwork and references ready.
How to Get a Cheaper Apartment in Canada
If you’re a migrant to Canada on a budget, finding affordable housing can be a daunting task. However, with proper research and knowledge, you can find a cheaper apartment in Canada. These tips would be helpful:
- Determine Your Budget: Before commencing your search for cheap apartments, it’s important to determine your budget. A good rule of thumb is to dedicate no more than 30% of your income towards rent. This will help you avoid overspending and enable you to save some money for emergencies.h
- Research Online: There are many resources available online that can help you find a cheaper apartment in Canada. Websites like Craigslist, Kijiji, and RentFaster are popular rental platforms that cater to different cities in Canada. Do your research on these sites, and sort results by price, location, and lease duration.
- Explore The Neighborhood: Once you’ve found an apartment you’re interested in, take some time to explore the neighbourhood. Research the area’s safety, and its proximity to public transport, supermarkets, restaurants, and other amenities.
- Get A Roommate: Getting a roommate is an excellent way to save on rental costs. Splitting rent and utility bills with another person can significantly reduce your monthly expenses. Finding a roommate is not hard as many people search for someone to share accommodation with.
- Negotiate Your Lease: It’s uncommon for renters to negotiate their lease in Canada, especially if you find an apartment that has been on the market for a while. Use your negotiation skills and leverage to get the rent lowered or come to an agreement with the landlord to include utility bills in the rental fees to save some expenses.
Getting the Lowest Cost of Living in Canada
When moving to a new country, one of the biggest concerns is the cost of living. This is especially true for those on a tight budget and looking to minimize costs. Canada is no exception when it comes to high living costs, but some regions have more affordable options. If you’re looking for the lowest cost of living in Canada, you need to do your research but the good thing is you are here and we are helping with that. Each province and city has its own cost of living and some provinces are more affordable than others.
Here are some tips to help you find the lowest cost of living in Canada:
- Choose the Right City: The cost of living in Canada typically varies depending on the city you desire to live in. The cities with the lowest cost of living in Canada are Fredericton, New Brunswick; Thunder Bay, Ontario; and Moncton, New Brunswick. Other affordable cities to consider include Edmonton, Alberta; Hamilton, and Trois-Rivières, Quebec. These cities have low housing costs, affordable groceries, and lower taxes than other Canadian cities.
- Find Affordable Apartments: House rent is one of the biggest expenses for most people. Finding affordable housing is essential to reducing your overall living costs. Consider renting an apartment instead of buying a house as this may be a more cost-effective option. Look for apartments outside the city centre as they tend to be more affordable. You can also consider shared accommodation options, such as sharing a house or renting a room, which may be even more affordable. Be sure to check rental listings in your chosen city to see what options are available.
- Calculate your Monthly Expenses: To find out the cost of living in the city of your choice, calculate your monthly expenses. This will include rent, utilities, food, transportation, and other expenses. Create a budget and stick to it to help you track your spending.
- Take Advantage of Free Activities: There are many free things to do in Canada, such as hiking, visiting parks, and attending free events. Take advantage of these activities to help reduce your entertainment costs.
Provinces in Canada with the Lowest Cost of Living
- Manitoba: Manitoba is one of the provinces with the lowest cost of living in Canada. According to Numbeo, a website that provides information on living costs, the average monthly rent for a one-bedroom apartment in Manitoba is about $880 CAD. Food and transportation costs are also relatively low in the province, making it an ideal location for migrants looking for a more affordable lifestyle.
- New Brunswick: New Brunswick is another province with a low cost of living. The average monthly rent for a one-bedroom apartment in this province is about $810 CAD. Food and transportation costs are also relatively low, making New Brunswick an attractive option for migrants looking to save money.
- Saskatchewan: Saskatchewan is known for its stunning scenery but is also a great place for migrants looking for affordable living options. The average monthly rent for a one-bedroom apartment in Saskatchewan is around $950 CAD, which is relatively affordable compared to other provinces. Food and transportation costs are also affordable in this province, making it a great choice for migrants on a tight budget.
- Prince Edward Island: Prince Edward Island is another province with a low cost of living. The average monthly rent for a one-bedroom apartment in this province is about $930 CAD. Food and transportation costs are also relatively cheap, making this good alternative for migrants looking to save money.
FAQs On How to get a cheaper apartment and low cost of living in Canada
Q1. How can I save money on living expenses in Canada?
- Opt for home-cooked meals over eating out.
- Use public transportation, walk, or bike instead of owning a vehicle.
- Consider shopping at discounted grocery stores or local farmers’ markets.
Q2. Is it possible to negotiate the rent for an apartment in Canada?
It may be possible to negotiate the rent, especially if the apartment has been vacant for a long time. You can offer to sign a longer lease or pay several months’ rent upfront. Be respectful and polite when discussing rent negotiations with the landlord.
Conclusion
Canada is a great place to live, but it can be expensive. However, by following the guidelines in this article, you can lower your cost of living and find a cheaper apartment. Don’t give up on your search and be open to creative solutions for saving money. It is important to note that searching for a cheaper apartment does not mean settling for a subpar apartment. A cheap apartment in Canada can still be of good quality, spacious, and in a good location. There is also no shame in being willing to live in a cheaper apartment until you can afford something better. At the end of the day, it’s about finding a place to call home.