Mississauga and Canada Enjoy Two Years of Falling Rents

Rents in Mississauga remain lower than last year, continuing a two-year national decline. The average rent in Canada was $2,034 in September, down 4.2% year-over-year, marking 24 months of decline. Mississauga's average rent was $2,337, slightly down from August. One-bedroom units averaged $2,036, and two-bedrooms $2,423, both down year-over-year. West Coast cities, like North Vancouver, have the highest rents, with $3,028 average.