Average Rent in Halifax, NS in Today’s Market
The average rent in Halifax, NS, is currently $2,400, which is 20% higher than the national average.
As the leading corporate housing provider in Canada, we are committed to meeting the needs of our clients in Halifax, NS. Despite the high costs, our company delivers top-notch luxury rental experiences.
Average Rent Prices for Furnished Corporate Rentals in Halifax, NS
In Halifax, NS, the monthly rent for an apartment is around $2,395. If you are looking for a 1-bedroom apartment, expect the cost to be about $2,133. For a bit more space, a 2-bedroom apartment will be around $2,911. Renting a house is generally more expensive, with an average monthly rent of $2,800.
| Apartment Type | Short-Term Rent | Long-Term Rent |
|---|---|---|
| Studio | $1,631 | $1,597 |
| 1 Bedroom | $2,121 | $2,037 |
| 2 Bedroom | $2,904 | $2,811 |
| 3 Bedroom | $3,702 | $3,642 |
| 4 Bedroom | $5,030 | $4,849 |
Corporate Stays offers high-quality, furnished apartments in Halifax, NS. These apartments have all the essential amenities.
Browse the latest listings on CorporateStays.com to find the perfect place to stay.
Average Rent by Neighborhood in Halifax, NS
| Neighborhood | Average Rent (CAD) |
|---|---|
| Albro Lake | $2,647 |
| Armdale | $2,050 |
| Clayton Park | $2,353 |
| Clayton Park West | $2,281 |
| Dartmouth Centre | $2,936 |
| Downtown Halifax | $3,458 |
| Fairview | $2,400 |
| Rockingham | $3,012 |
| Timberlea | $2,318 |
| West End | $2,188 |
We offer both short-term and long-term furnished apartments that come with all the essential amenities.
Our apartments are designed to make your stay as comfortable and convenient as possible. They are well-maintained and located in prime neighborhoods. Visit CorporateStays.com to find the perfect rental for your needs.
Comparison of Corporate Stays vs. Typical Residential Rents in Halifax, NS
| Apartment Type | Corporate Furnished Rent | Average Residential Rent |
|---|---|---|
| Studio | $1,631 | $1,200 |
| 1 Bedroom | $2,121 | $1,650 |
| 2 Bedroom | $2,904 | $2,200 |
| 3 Bedroom | $3,702 | $2,750 |
| 4 Bedroom | $5,030 | $3,500 |
The added value of opting for furnished and managed properties includes essential amenities, weekly housekeeping, seamless booking processes, prime locations, and a lot more.
For the best rental experience in Halifax, NS, get in touch with a Corporate Stays representative. Our team can help you find the perfect housing solution tailored to your needs.
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Key Factors Influencing Rent Prices in the Corporate Rental Market Halifax, NS
| Factor | Description |
|---|---|
| Economic Growth | The overall economic health of Halifax impacts rent prices. |
| Industry Developments | Growth in local industries drives demand for corporate rentals. |
| Demographic Shifts | Changes in the population affect housing needs and rent costs. |
| Location | Prime locations near amenities and transit lead to higher rent prices. |
| Property Size and Amenities | Larger properties and those with more amenities command higher rents. |
| Property Condition | Well-maintained properties can charge premium rents. |
| Market Demand and Supply | The balance of available rentals and interested tenants influences prices. |
Historical Rent Trends in Halifax, NS Corporate Housing (2015–2024)
| Year | Average Rent (CAD) |
|---|---|
| 2015 | $1,200 |
| 2016 | $1,250 |
| 2017 | $1,300 |
| 2018 | $1,350 |
| 2019 | $1,450 |
| 2020 | $1,550 |
| 2021 | $1,700 |
| 2022 | $1,850 |
| 2023 | $2,000 |
| 2024 | $2,121 |
These figures underscore the substantial increase in rent prices for 1-bedroom apartments in Halifax, NS, over the past decade, reflecting broader market trends and growing demand in the region.
Average Rent in Nearby Cities for Furnished Apartments
If you’re looking for more affordable rent compared to Halifax, consider nearby cities.
| Montreal | Vancouver | Toronto | Halifax | Quebec City | Edmonton | Calgary | Winnipeg |
|---|---|---|---|---|---|---|---|
| $1,850 | $2,995 | $2,700 | $1,600 | $1,500 | $1,550 | $2,045 | $1,300 |