The Halifax Market Index.
The same data we price your rent on — open for anyone. Average rents, vacancy, and new-build premiums across the 11 CMHC survey zones of Halifax and the surveyed Nova Scotia centres, from the October 2025 Rental Market Survey (63,898 purpose-built units).
Halifax rent index · 2BR · Oct 2014–2025
+81.9% · base 2014 = 100October vacancy rate · 2014–2025
now 2.6%Vacancy by survey zone · tightest first
CMHC · Oct 2025Average rent by construction period
new builds command +19%Buildings completed 2000 or later average $2,091 — $341 above the all-stock average. Building age is one of the strongest rent drivers in the survey, which is why our estimator asks for it.
New lease vs sitting tenant · by bedrooms
CMHC turnover tablesWhy new leases price differently.
Under Nova Scotia's rent cap, sitting tenants' rents rise slowly — so the market repriced at turnover. CMHC measures a +28.7% same-structure gap between 2-bedroom units that turned over and those that didn't (down from +33% a year earlier — the gap is narrowing as vacancy rises).
Listing data agrees: Statistics Canada's experimental asking-rent series puts the average advertised Halifax 2BR at $2,260 (Q4 2025) — well above the occupied-stock average. This is why the estimator prices "new lease" and "all tenancies" separately, and why setting the right rent at turnover matters: under the cap, that number follows the tenancy for years.
SOURCE: CMHC turnover tables, Oct 2025 · units with a new tenant in the prior 12 months, purpose-built apartments (3+ units), halifax cma
Every zone, every bedroom count.
— marks cells CMHC suppresses for confidentiality or reliability.
| Survey zone | Bach | 1BR | 2BR | 3BR+ | All units | Vacancy | YoY | Units |
|---|---|---|---|---|---|---|---|---|
| Peninsula (South) | $1,520 | $1,793 | $2,274 | $3,313 | $1,994 | 4.2% | +4.6% | 11,979 |
| Peninsula (North) | $1,281 | $1,588 | $1,770 | $2,161 | $1,709 | 2.2% | +4.9% | 8,854 |
| Mainland (South) | $1,207 | $1,307 | $1,625 | $1,669 | $1,522 | 2.5% | +11.5% | 3,453 |
| Mainland (North) | $1,126 | $1,424 | $1,787 | $2,065 | $1,703 | 2% | — | 16,497 |
| Dartmouth (North) | $1,097 | $1,274 | $1,653 | $2,133 | $1,512 | 2.5% | +8.3% | 7,540 |
| Dartmouth (South) | $1,087 | $1,414 | $1,727 | $1,706 | $1,623 | 3% | +11.7% | 3,823 |
| Dartmouth (East) | $936 | $1,224 | $1,610 | $1,677 | $1,546 | 2.5% | — | 2,779 |
| Bedford | — | $1,335 | $1,910 | $2,376 | $1,911 | 1.3% | +4.6% | 1,987 |
| Sackville | — | $1,587 | $1,786 | $2,017 | $1,778 | 3.1% | — | 1,767 |
| Remainder of Halifax CMA | $1,173 | $1,723 | $2,204 | $2,664 | $2,137 | 2.7% | — | 4,368 |
| East Hants MD | — | $1,285 | $1,365 | — | $1,387 | 0.2% | — | 851 |
The other surveyed Nova Scotia centres.
| Centre | Bach | 1BR | 2BR | 3BR+ | All units | Vacancy | YoY |
|---|---|---|---|---|---|---|---|
| Truro | $796 | $1,011 | $1,273 | $1,753 | $1,232 | 1.5% | +7.7% |
| Kentville | $667 | $1,044 | $1,128 | $1,129 | $1,110 | 1.4% | — |
| New Glasgow | — | $842 | $1,070 | $1,291 | $1,038 | 1.9% | — |
| Cape Breton (Sydney) | $830 | $840 | $1,134 | $1,432 | $1,070 | 2.7% | — |
Estimates start from the CMHC average rent for the selected geography and bedroom count (actual survey values). Where CMHC suppresses a cell, the estimator falls back to the geography's all-bedroom average scaled by the CMA bedroom ratio. An optional construction-era factor is derived from CMHC's rent-by-year-of-construction table for the same geography (CMA-level ratio when the zone cell is suppressed). Property-type and condition modifiers are Kirin model assumptions, not CMHC data. Output is bracketed +/- 10%.
Every figure on this page is an actual CMHC survey value for a real CMHC geography — no modelled zones, no interpolated series. Suppressed cells are shown as "—", exactly as CMHC publishes them. The rent index plots historical October survey averages (base 2014 = 100).
Published under CC BY-ND 4.0 — cite Kirin Property Management when reusing. Journalists and researchers who'd like the underlying data: email yuan@kiringrp.com.
SOURCE: CMHC Rental Market Survey, October 2025 release · retrieved 2026-06-10 · primary rental market (purpose-built rental apartments) · CAD · Monthly, gross (no utilities) · refresh annual (cmhc publishes each october survey the following december)
Market data is the start. Your address is the answer.
These are survey averages. Your unit's real number depends on its condition, comparables, and demand right now — that's what a Kirin CMA is for.