Apartment Rental Rates

Cornwall offers a variety of rental accommodations, including multi-unit apartment buildings, townhomes, single homes and apartments. Apartment listings can be found in a number of places including online platforms such as Kijiji and Facebook, as well as in newspaper ads. Local rental agencies and property owners may also have dedicated websites.

Vacancy Rate

According to the Canada Housing and Mortgage Corporation, the apartment vacancy rate for Cornwall in October 2022 was 1.9%, which was very close to the Ontario vacancy rate of 1.8%. This was based on estimated 3,923 units in the area.

Average Apartment Rentals – August 2022

The following numbers were taken from a quick scan of 30 available properties marketed on a variety of platforms in August 2022. Please note that the small sample size and one-time observation may mean that the following numbers may be influenced by the particular type of properties surveyed, and may not be a completely accurate portrayal of the market.

Type Low Average High
One Bedroom $875 $1314 $1695
Two Bedroom $1000 $1758 $2100
Three+ Bedroom $1600 $2087 $2700

Accurate information on apartment rental rates is not always regularly available. The above numbers have been provided for information purposes only. While every effort has been made to present accurate information the very nature of housing prices and apartment rental rates means that prices can fluctuate greatly depending on market conditions and other factors.

Housing Prices

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