Housing: Renting

October 20, 2022 06:41 PM - Comment(s) - By communications

Vital Signs Data

Community
Location
Population
Sense of Belonging
Accessibility
Arts Culture Recreation
Quality of Life
Community Support
Economy
Sustainable Economy
Industry Composition
Income
Employment / Workforce
Poverty Reduction
Collaborative Impact
Education
Educational Attainment
Educational Support
Collaborative Impact
Environment
Climate Resilience
Protection of farmland
Food Security
About Food Insecurity
Food Programs
Collaborative Impact
Health
Health Characteristics
Healthcare Services
Housing
Household Characteristics
Affordable Housing
Owning
Renting
Homelessness
Safety
Community Safety
Transportation
Transportation Services
Collaborative Impact

Housing: Renting

Updated July 8, 2025

Sustainable Development Goal (SDG)
SDG 11.1: Ensure access for all to adequate, safe and affordable housing.

The combination of rising interest rates and house prices is putting even more pressure on the rental market as would-be buyers in the current market are re-evaluating their options and postponing house purchases to a later date.  
apartment building
Rental Rates
Rental Rates

Rental Rates

Low availability is driving up rental prices, with only 7% of all housing built in rural municipalities over the past 25 years being designated as rental housing. To remain on pace with demand this should have been 25% of all housing built in the last 25 years. (KPMG 2022) 

As of June 2022, the vacancy rate in rental properties in PEC at 0.2% is the 4th lowest in Ontario and 9th across the country for rural communities. (Prince Edward County Housing Plan 2023-2028)

Rental housing data is drawn from the Municipality’s rental housing database, which tracks cumulative rental stock and publicly listed rental rates across the County.  

Housing Help


Share -