The Canadian Neighbourhoods Where Renters Outnumber Owners

Across Canada, about 4.4 million households rent while nearly 10.9 million own, but those numbers flip in certain neighbourhoods and regions. According to Statistics Canada data, the national homeownership rate sits at 66.5%, meaning roughly one in three households rents. In some parts of the country, that share is much higher — and in a few, renters actually outnumber owners. Knowing where those areas are, and why they exist, changes how you think about buying, selling, or investing in Canadian real estate.

Disclosure: Some links on this page are affiliate links. If you make a purchase through them, Britwealth may earn a commission at no extra cost to you. We only include products and services that are relevant to the topic.

This article is general information only and does not constitute professional advice. For your specific situation, consult a qualified professional.

66.5%
Canada’s homeownership rate (2021)
Statistics Canada

19.2%
Nunavut homeownership rate — lowest in Canada
Statistics Canada

25.5%
British Columbians spending 30%+ of income on shelter
Statistics Canada

5.3%
National rental vacancy rate
Statistics Canada

Renter-majority neighbourhoods don’t just appear in expensive cities. They cluster where housing costs outpace local incomes, where the housing stock leans toward apartments, and where demographic shifts — like an aging population or a high share of recent immigrants — tilt the balance away from ownership. Here’s what you actually need to know.

Nunavut stands alone
Only 19.2% of households own their home — the lowest rate in Canada by a wide margin. Renters outnumber owners by more than 4 to 1.

Quebec is the province with the most renters
At 59.9% ownership, Quebec has the lowest provincial rate. Montreal neighbourhoods like Verdun and Westmount show consistent renter demand.

Cost burden is the driver
1 in 5 Canadians spend 30% or more of income on shelter. In BC and Ontario, that figure exceeds 24%, pushing more households into long-term renting.

Tight vacancy keeps rents high
With a national vacancy rate of just 5.3%, rental markets are competitive. Renter-majority neighbourhoods are often the most supply-constrained.

When you hear about neighbourhoods where renters outnumber owners, the first concept to understand is the shelter-cost-to-income-ratio.

Shelter-cost-to-income-ratio
The percentage of a household’s pre-tax income that goes toward shelter costs — rent, mortgage payments, utilities, and property taxes. A ratio of 30% or more is considered a sign of housing affordability stress by Statistics Canada.

What I tend to notice is that areas with the lowest ownership rates almost always have high shelter-cost-to-income ratios. It’s not that people in those neighbourhoods prefer renting — it’s that the math doesn’t work for buying.

Where Renters Outnumber Owners: A Regional Breakdown

The national average hides big differences. Newfoundland and Labrador has a homeownership rate of 75.7%, while Nunavut sits at 19.2%. That’s a gap of more than 56 percentage points. The table below shows how each province and territory compares.

→ Scroll right to see all columns

Source: Statistics Canada 2021 Census
Province / TerritoryHomeownership rateShare spending 30%+ on shelter
Newfoundland and Labrador75.7%14.6%
New Brunswick73.0%12.9%
Alberta70.9%21.2%
Saskatchewan70.7%17.2%
Ontario68.4%24.2%
Manitoba67.4%17.3%
Nova Scotia66.8%17.9%
Yukon64.4%16.2%
Quebec59.9%16.1%
Northwest Territories53.5%11.9%
Nunavut19.2%5.7%

Nunavut is the only territory where renters clearly outnumber owners at the regional level. But within provinces, neighbourhood-level ownership rates can look very different. In Montreal, for instance, the city’s rental-heavy housing stock means many neighbourhoods have ownership rates well below the provincial average. The same is true in parts of Metro Vancouver and Toronto, where high interest rates and rising costs have pushed more households into renting.

The Nunavut effect
Nunavut’s 19.2% ownership rate is the lowest in Canada by a wide margin — the next lowest is Northwest Territories at 53.5%. The territory’s housing market is dominated by public and non-market rental housing, with very limited private ownership options. For buyers, the market is effectively closed.

Three Common Misunderstandings About Renter-Majority Neighbourhoods

Assuming renting is always a choice

In many renter-majority neighbourhoods, the median household income simply doesn’t support a mortgage. A two-bedroom apartment in one of these areas might rent for $1,800 a month, but the purchase price for a similar unit could be $500,000 or more. The monthly mortgage payment — even with a 10% down payment — often runs double the rent. It’s not that people won’t buy; it’s that they can’t qualify. A security camera system like the Reolink RLK16-800D8 is a practical addition for renters who want to monitor their building entryways and unit doors without permanent installation.

Confusing low ownership with low demand

Nunavut has a 5.7% shelter-cost burden rate — the lowest in Canada. That sounds affordable, but it reflects a market where most housing is subsidised and private ownership is scarce. Low ownership doesn’t mean people don’t want to own. It often means there’s nothing to buy. In cities like Montreal, neighbourhoods with high rental shares have extremely low vacancy, and rental prices are rising even as ownership rates stay flat.

Thinking renter neighbourhoods are always cheap

British Columbia has the highest shelter-cost burden at 25.5%, yet its ownership rate is still above 64%. That means even in a province where renting is painfully expensive, more households still own than rent. The renter-majority neighbourhoods that do exist — think parts of Vancouver’s West End or Kitsilano — are often among the most expensive rental markets in the country. Renting there isn’t a budget move; it’s often the only option when entry-level homes cost well over $1 million.

What Creates a Renter-Majority Neighbourhood

Housing stock and building type

Neighbourhoods with a high concentration of apartment buildings — especially purpose-built rentals and older walk-ups — naturally have higher renter shares. In Quebec, where 59.9% of households own, the province’s dense urban cores like Montreal’s Plateau-Mont-Royal are dominated by triplexes and multiplexes designed for rental occupancy. The physical layout of the neighbourhood locks in a renter majority. New construction in these areas tends to be rental as well, so the balance doesn’t shift easily.

Income and mortgage qualification

Even where home prices are moderate, the income required to qualify for a mortgage can be a barrier. In Ontario, 24.2% of households spend 30% or more of income on shelter. That leaves little room for down payment savings. First-time buyers in renter-heavy neighbourhoods often need parental help or a co-signer, and many don’t have access to either. The process of qualifying — verifying income, gathering documentation, getting pre-approval — is a sequential hurdle that filters out a large share of potential buyers.

These steps happen in order: a buyer checks their credit score, collects pay stubs and tax returns, gets a pre-approval letter from a lender, then starts searching. In a renter-majority neighbourhood, many households never get past step one because their debt-to-income ratio is already too high from rent itself.

Migration and demographic shifts

Recent data from liv.rent’s 2026 Rental Market Trend Report shows that interprovincial migration slowed 6% year-over-year in 2025, while emigration from Canada hit a record 95,733 — up 17% from 2024. Ontario and British Columbia accounted for nearly 70% of all emigrants. When people leave, they often sell their homes, and those homes are more likely to be bought by investors and turned into rentals than by first-time buyers. That dynamic reinforces renter majorities in certain neighbourhoods, especially in Metro Vancouver and Toronto, where rents have started to decline as supply catches up with falling demand.

Immigration flows matter
Immigration dropped 18% year-over-year in 2025, the largest annual decline on record. Fewer newcomers means fewer potential buyers, which puts downward pressure on ownership rates in the neighbourhoods where immigrants traditionally settle — often urban cores with high rental stocks.

Future outlook: what could shift the balance

Housing starts tell a mixed story. Quebec led the country with a 32% jump in starts in 2025, while Ontario fell 17% and British Columbia dropped 5%. More supply in Quebec could eventually ease rental pressure and open up ownership pathways. In Ontario and BC, declining starts mean rental markets will stay tight, and renter-majority neighbourhoods may expand. Alberta’s apartment starts grew 29%, but single-family construction fell 4%, suggesting the province’s rental-heavy urban core in Calgary could see renter shares rise.

Frequently Asked Questions About Renter-Majority Areas

Which Canadian city has the highest share of renters?
Montreal has the lowest provincial ownership rate at 59.9%, and its urban neighbourhoods — particularly the Plateau, Verdun, and Westmount — have some of the highest renter shares in the country.
Are renter-majority neighbourhoods always more affordable?
Not necessarily. In BC and Ontario, many renter-heavy areas have high rental costs. The affordability issue is about ownership being out of reach, not rent being cheap.
Do investors prefer renter-majority neighbourhoods?
Often yes. High rental demand and low vacancy in these areas can make them attractive for buy-to-let investors. But 43% of landlords report that current rents don’t cover expenses, according to the liv.rent report.
Can a renter-majority neighbourhood become owner-heavy?
It can, but it usually requires new condo or townhouse construction aimed at first-time buyers, plus a shift in local incomes or mortgage rates. It rarely happens organically.
How does the rental vacancy rate affect renter neighbourhoods?
A tight vacancy rate — Canada’s is 5.3% — keeps rents high and limits options for tenants. In renter-majority neighbourhoods, even small vacancy changes can significantly affect affordability.
What role does public housing play in Nunavut’s low ownership?
A large one. Most housing in Nunavut is publicly owned or subsidised. The private ownership market is very small, which explains the 19.2% homeownership rate.

What the Data Tells Us About the Future of Renter-Heavy Neighbourhoods

The renter-majority map of Canada is not static. Quebec’s 32% jump in housing starts could shift more households into ownership over time, while Ontario’s 17% decline in starts suggests its renter-heavy neighbourhoods will stay that way. Alberta’s cooling migration — down 16% year-over-year — and Calgary’s falling rents point to a market that may become more balanced for both renters and buyers. But the biggest unknown is what happens to the territories. Nunavut’s ownership rate of 19.2% is so far below the national average that even major policy changes would take years to shift it.

Remember: this article is general information only. For advice on your specific situation, speak to a qualified professional.

If this was useful, you might also want to read Why Some Canadian Cities Are Experiencing a Housing Crisis While Others Are Thriving.

Sources and Further Reading

How Interest Rate Changes Could Make or Break the Canadian Housing Market — A closer look at how mortgage rates affect ownership rates across the country.

Will Canada Ever See Affordable Housing Again? Or Is It a Permanent Crisis? — Examines the structural factors behind housing affordability in Canada.

Statistics Canada (2021). Homeownership rate and shelter-cost-to-income ratio by province and territory. 🔗

Statistics Canada (2021). Housing Statistics in Canada. 🔗

liv.rent (2026). 2026 Rental Market Trend Report. 🔗 (Data referenced via Statistics Canada and Canada.ca sources.)

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Sam Willy

I’m Sam Willy, one of the bright minds behind BritWealth.com, where I share insights, stories, and fun ideas about a wide range of topics—finance included, but not limited to it! My journey into the world of writing began with a simple hobby: sharing the things that fascinated me. From quirky facts to deeper dives into personal development, I’ve always been curious about the world around me and love passing that knowledge on.
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