In the real estate world, it’s said that spring is the best season to sell because people prefer to move during the summer months. But can the same be said for the rental market? Is there a better time to apartment hunt, or is it pretty much the same year-round?
So, when is the best time to search for apartments for rent in Canada? There are two schools of thought …
Winter
If you’re savvy, you can absolutely get the best deal on a rental apartment in the winter. People tend to not want to move during the colder months, so there are fewer vacancies. While fewer vacancies might seem like bad news, it could work in your favour. Landlord and building property managers want to fill these vacancies, even though there are fewer of them. Because of their need to fill the vacant rental apartments, they might be willing to negotiate the cost of the rent with you. A negotiated price is better than a vacancy.
If you sign a year-long lease at this price, you’re locked into this rent for a year and it can be raised only by the percentage outlined by the province. It’s a win-win – the landlord fills the spot, and you get a better price.
Spring/summer
Since the weather is nicer and the school year is coming to a close, there will be lots of move-outs. This means lots of units will become available during this time of year. Visit source for more details.
Contact us:
Gottarent.com Head Office
Address: 44 Frid Street
City: Hamilton, ON
Zip Code: L8N 3G3
Phone: 1-888-440-2099
So, when is the best time to search for apartments for rent in Canada? There are two schools of thought …
Winter
If you’re savvy, you can absolutely get the best deal on a rental apartment in the winter. People tend to not want to move during the colder months, so there are fewer vacancies. While fewer vacancies might seem like bad news, it could work in your favour. Landlord and building property managers want to fill these vacancies, even though there are fewer of them. Because of their need to fill the vacant rental apartments, they might be willing to negotiate the cost of the rent with you. A negotiated price is better than a vacancy.
If you sign a year-long lease at this price, you’re locked into this rent for a year and it can be raised only by the percentage outlined by the province. It’s a win-win – the landlord fills the spot, and you get a better price.
Spring/summer
Since the weather is nicer and the school year is coming to a close, there will be lots of move-outs. This means lots of units will become available during this time of year. Visit source for more details.
Contact us:
Gottarent.com Head Office
Address: 44 Frid Street
City: Hamilton, ON
Zip Code: L8N 3G3
Phone: 1-888-440-2099
