Quarterly Rent Statistics (QRS)

Detailed information for the second quarter 2026

Status:

Active

Frequency:

Quarterly

Record number:

5427

This program produces experimental estimates of the asking rent of available rental units listed on major rental platforms and the paid rent for occupied private rental apartments in Canada to provide a detailed and up-to-date portrait of rental market prices in Canadian census metropolitan areas (CMAs).

Data release - September 9, 2026

Description

This program produces experimental estimates of the asking rent of available rental units listed on major rental platforms in Canada to provide a detailed and up-to-date portrait of rental market prices in Canadian CMAs. These statistics cover apartments and houses by number of bedrooms and single rooms available for rent. The program also produces estimates of paid rent for rental units in Canadian CMAs. These statistics cover apartments by number of bedrooms.

Collection period: Asking Rent: Data are collected daily throughout the reference quarter, from the first day to the last day of the reference period.
Paid Rent: See the Labour Force Survey (record number 3701).

Subjects

  • Families, households and housing
  • Housing and dwelling characteristics

Data sources and methodology

Target population

The target population consists of rental units, that is, private dwellings or sets of living quarters in a private dwelling that are for rent. Quarterly rent statistics cover selected census metropolitan areas (CMAs) in the 10 provinces. A unit is considered in scope for the asking rent universe if it is advertised for rent at any point during the quarter; for the paid rent universe, occupied renter households in apartments are in scope. The target population excludes subsidized rental units, lease transfers, short-term rental units and non-residential units.

Instrument design

This methodology type does not apply.

Sampling

The methodology for deriving estimates of paid rent is based on the Labour Force Survey. For more information about the Labour Force Survey sampling, consult the survey's main page: [https://www23.statcan.gc.ca/imdb/p2SV.pl?Function=getSurvey&SDDS=3701].

This methodology type for deriving asking rent does not apply.

Data sources

Data used to estimate asking rent are extracted from administrative files.

The asking rent data sources are monthly extractions of active listings from major rental platforms in Canada, including but not limited to the Rentals.ca Network and Zumper.

Data used to estimate paid rent are drawn from the rent component of the Labour Force Survey.

Error detection

For asking rent, duplicates within and across platforms are checked and corrected. To remove outliers, the sigma gap method is applied. This method identifies atypical values while preserving legitimate high rents. To account for local variations and different rental unit types, it is applied within each subdomain when there are enough records to capture the underlying distribution. Internal consistency of records for common fields (i.e., rental unit attribute) is verified and adjusted when required.

Imputation

Imputation is not performed on asking rents, and missing values are excluded.

The Labour Force Survey rent module undergoes separate processing in the production of the Quarterly Rent Statistics (QRS) paid rent estimates. Survey responses are edited for consistency and outliers, and missing values are imputed to ensure that data are complete and provide an accurate portrait of the rental market in the Canadian provinces.

Estimation

For asking rent, the inverse probability weighting method is used to adjust the representation of online listings by accounting for the likelihood of their inclusion in the sample. This likelihood is estimated through a logistic regression model that incorporates factors, such as geography, dwelling characteristics, and local socioeconomic trends, that influence whether a listing appears in the captured online listing data. The model parameters are estimated by maximizing the pseudo-log-likelihood function and require auxiliary information from a reference probability survey that describes the entire target population. Auxiliary data are used as the reference probability distribution source. No weighting is applied to the "room" category, because there is no representative auxiliary data available.

Labour Force Survey weights are used in the estimation of paid rents. The weights are adjusted for non-response and calibrated to known population totals and projections. The weights used to produce paid rent estimates are further calibrated at the household level using control totals by household size and region to improve correlation with paid rent and better reflect the housing market.

Monthly estimates of paid rent are combined to produce a quarterly moving average based on the three most recent quarters of estimates.

Quality evaluation

To evaluate the quality and representativeness of the asking and paid rent estimates, the validation process for the asking rent estimates is approached from multiple perspectives, including comparisons with other sources. These comparisons are undertaken at several geographic levels, with specific attention to CMAs where sufficient data are available from multiple sources. The Seasonal-Trend decomposition using LOESS (STL) is used to evaluate the stability of the trend and potential outlier estimates for asking rent, while the LOESS model without Seasonal-Trend is used to evaluate the stability of the trend and potential outlier estimates for paid rent.

Disclosure control

Statistics Canada is prohibited by law from releasing any information it collects that could identify any person, business or organization, unless consent has been given by the respondent or as permitted by the Statistics Act. Various confidentiality rules are applied to all data that are released or published to prevent the publication or disclosure of any information deemed confidential. If necessary, data are suppressed to prevent direct or residual disclosure of identifiable data.

Revisions and seasonal adjustment

This methodology type does not apply to this statistical program.

For detailed information about the methodology to produce the average asking rent, please refer to the document "Quarterly Rent Statistics: Technical Report on Methodology and Assumptions."

Data accuracy

For asking rent, even if the data from major rental platforms in Canada are available, the accuracy may be affected by coverage errors, as the QRS program does not cover all online rental platforms, nor does it cover offline advertisements. Response errors and processing errors can also arise from incorrect or incomplete information from the data provider, such as missing addresses, missing unit types or duplicate listings. Measures are put in place to mitigate the effect of these errors.

Sampling errors associated with estimates are measured using coefficients of variation as a function of the standard error and the rent estimate.

Some estimates are suppressed due to insufficient number of observations in the domain or high variability in the values. While asking rent estimates are adjusted for distributional representation of rental unit types, they are not adjusted for changes in quality. This means that variations in the asking rent levels can be influenced by changes in quality attributes of rental units, such as the presence of utilities, upgraded finishes or parking.

For paid rent, estimates represent the rent paid for the entire rental apartment universe in a given quarter. Estimates are not adjusted for changes in the quality characteristics and related composition of the supply of rented apartments.

Variations in average paid rent levels represent the current stock of occupied rented apartments and can be influenced by changes in the attributes of the total stock of units (for example, the age of the building; the neighbourhood; and whether the rent includes additional services such as furniture, a washing machine, a refrigerator, parking, cable or heat). As a result, changes in average paid rent should not be interpreted as estimates of pure price change, unlike the rent component of the Consumer Price Index (CPI). The QRS estimates of paid rent do not control for factors such as quality and quantity changes and shifting consumer preferences. For additional information on the estimation methodology used for the rent component of the CPI, see New approach for estimating the rent component of the Consumer Price Index (Statistics Canada, 2019): https://www150.statcan.gc.ca/n1/pub/62f0014m/62f0014m2019002-eng.htm.

Non-sampling error
For asking rent, non-sampling errors are essentially coverage errors, listing errors and selection bias. Because listings are not selected randomly, the dataset may overrepresent certain types of units and underrepresent others. The mechanism that determines whether a rental unit appears in the observed online listing dataset is unknown.

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