Brampton cracks top 10 list of least expensive rental markets in Canada: report [Video]

Asking prices across all property types hit a 15-month low last month leading Brampton to claw up the list of the most affordable Canadian cities for renters.

Nationwide, the average asking price for all residential rental types dropped to $2,139 in November from $2,152 the month earlier.

And while the price for an average one-bedroom apartment in Brampton actually went up last month, the city moved up in the rankings of Canada’s least expensive rental markets, according to the latest National Rent Report.

In October, Brampton ranked 11th on the list with an average one-bedroom rental price of around $2,075. Fast forward to November and Brampton has moved up to No. 6 despite a price jump to $2,261 for a one-bedroom unit.

The report found rents across Canada dropped for all residential property types fell by 1.6 per cent year-over-year and followed a 1.2 per cent decrease in October.

But …