Kelowna has been ranked as the 17th most expensive city to rent an apartment in Canada.

According to a national rental report for October, a one-bedroom apartment costs $1,374 per month on average while a two-bed apartments costs $1,634 per month.

Kelowna was one of five British Columbian cities on the list, ranked behind Vancouver, Burnaby, Westminster and Victoria.

finished right in the middle at 17th of 34 cities for average monthly rent for a one-bedroom home at $1,374 and a two-bedroom at $1,634, according to the October National Rent Report produced by and Bullpen Research & Consulting.

sa国际传媒� Daniel Taylor (@DanTaylorKCN)

On a provincial level, British Columbia finished second to Ontario, where the average monthly rental rate is $1,912 per month and $2,334 per month, respectively.

British Columbia saw rental rates increase by 6.5 per cent for the third quarter, following a jump of 12 per cent in the second quarter of 2019. Part of this rapid increase can be attributed to a rise in the number of condo apartment listings in the province in the third quarter, according to the report.

sa国际传媒淗ousing affordability continues to be a hot button issue with voters going into the federal election,sa国际传媒� said Ben Myers, president of Bullpen Research and Consulting.

sa国际传媒淎nd potential policy changes that would make it easier for first-time buyers to purchase a home may take the pressure off the rental market, which continues to rise nationally, despite the market softness in the prairie provinces.sa国际传媒�

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