Kelowna rental market on downward trend this month

The city is listed as the 10th most expensive rental market in the country

Kelowna is no longer the sixth most expensive city for renters.

According to a recent report published by PadMapper, Kelowna is now the 10th most expensive city to rent this month.

“The price of one bedroom units dropped 2.6 per cent to a median of $1,120, while two-bedroom units increased 0.6 per cent to $1,660.”

The top five most expensive markets in order from first to last are Vancouver, Toronto, Burnaby, Barrie, and Montreal.

Padmapper analyzed 79 listings in Kelowna to determine the trend.


edit@kelownacapnews.com

Like us on Facebook and follow us on Twitter.

Just Posted

B.C. Interior flood risk diminishing

Snowmelt receding but rainfall impact remains a concern

Plea to help find missing dog in Kelowna

Willow has been missing since Sunday near Dee Lake Resort

Driver flees scene after colliding with pedestrian

Kelowna RCMP continue their investigation after a driver allegedly failed to remain at the scene

Interior Health launches water advisory map

Unique program to connect residents to drinking water advisories

Okanagan Regional Library names new CEO

Don Nettleton, who has been with ORL for 24 years, takes over from Stephanie Hall

SilverStar reaches new heights with gondola

Vernon ski resort installing new feature, with opening date set for July 7

Feds limit chinook fishery to help killer whale recovery

Chinook is main food source for only 76 southern residents killer whales left

B.C. mom who died just before daughter’s wedding wanted family to be happy: twin

Ann Wittenberg was pulled into the ocean while on a surf board in Tofino last weekend

Courtenay-Alberni MP calls for lifeguards at popular surf spot near Tofino

The Pacific Rim National Park Reserve is defending its decision to cancel the surf guard program.

Harvey Weinstein to surrender in sex misconduct probe: officials

Would be first criminal charge against Weinstein since scores of women came forward

Study looking at declining mule deer population

Southern Interior mule deer project tracking deer movement and health

Media are not an arm of the police, Vice lawyer tells Supreme Court hearing

Ben Makuch challenges Ontario Court of Appeal ruling that he must give materials for stories to RCMP

B.C. launches plan to tackle doctor shortage, emergency room congestion

John Horgan aims to set up regional primary care networks in a ‘team-based’ approach

Perfect mosquito storm brewing in Okanagan

With high temperatures and increased water levels, mosquito rates are on the rise.

Most Read