Average Rent in Charlottetown, PE and Rent Price Trends

Rent trends in Charlottetown, PE

Average rent prices in Charlottetown have remained the same over the last month and have decreased by 44% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Charlottetown, PE

Rent prices in Charlottetown vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Charlottetown is $1,565, whereas a house costs $1,422. 1-bedroom apartments in Charlottetown run $795 on average, while 2-bedroom apartments are $1,565.


Studio	$800	No Change	-
1 bedroom	$895	11%	66%
2 bedroom	$2,025	17%	9%
3 bedroom	$2,042	No Change	16%

		Listings
Downtown Charlottetown	$1,150
East Royalty	$1,700
Parkdale	$1,565
Saint Avards	$1,195
Sherwood	$1,195
Spring Park	$1,150
West Royalty	$1,150
Winsloe	$1,345

				Listings
Apartments	$1,565	7%	No Change
Houses	$1,422	4%	No Change

Studio

Average rent

$800

1 bedroom

Average rent

$895

Last 30 days

11%

Last year

66%

2 bedroom

Average rent

$2,025

Last 30 days

17%

Last year

3 bedroom

Average rent

$2,042

Last year

16%

The table above reflects average rent prices in Charlottetown, PE, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Charlottetown, PE compare to other cities?

Compare median rent prices in Charlottetown and Cape Breton by all bedroom counts and property types.

Charlottetown

Median rent price$1,322

32%

lower than the national median

Median rent price$1,800

lower than the national median

Takeaway

The median rent for all rentals in Charlottetown, PE is 27% lower than the median rent in Cape Breton, NS.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,800

$1,475

$1,600

$2,800

$1,850

$2,200

$1,275

$1,625

$1,395

$1,376

$1,195

Discover rentals in Charlottetown, PE

5d+ ago

Saint Avards apartment for rent in Charlottetown

225 University Avenue - 4

225 University Ave #4, Charlottetown, PE C1A 4L6

1 bed

1 bath

$595

Apartment for rent

Available Jul 1

5d+ ago

Downtown Charlottetown apartment for rent in Charlottetown

168 Weymouth Street - 1-1

168 Weymouth St #1-1, Charlottetown, PE C1A 4Z3

1 bed

1 bath

$695

Apartment for rent

Available May 26

5d+ ago

House for rent in Charlottetown

6 Brighton Road - 3

6 Brighton Rd #3, Charlottetown, PE C1A 1T4

Studio

3 baths

$800

$750

Price drop

House for rent

Available Jun 1

5d+ ago

Downtown Charlottetown house for rent in Charlottetown

267 GRAFTON - 4

267 Grafton St #4, Charlottetown, PE C1A 1L6

1 bed

1 bath

$750

House for rent

Available Sep 1

5d+ ago

Sherwood apartment for rent in Charlottetown

53 Maple Avenue - 1

53 Maple Ave #1, Charlottetown, PE C1A 6E8

1 bed

1.5 baths

$795

Apartment for rent

Available May 26

5d+ ago

Downtown Charlottetown house for rent in Charlottetown

4B - Brighton Road - 1

4 Brighton Rd #1, Charlottetown, PE C1A 1T4

1 bed

1 bath

$850

House for rent

Available Jul 1

5d+ ago

Sherwood apartment for rent in Charlottetown

53 Maple Avenue - 3

53 Maple Ave #3, Charlottetown, PE C1A 6E8

1 bed

1.5 baths

$895

Apartment for rent

Available May 26

5d+ ago

Parkdale apartment for rent in Charlottetown

19 Linden Avenue(NEW) - 1

19 Linden Ave #1, Charlottetown, PE C1A 5Y7

2 beds

1 bath

$1,495

Apartment for rent

Available Jun 1

Stay up to date with rental market insights

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Annual Rent Report

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Frequently asked questions for Charlottetown, PE

Quick answers to common questions about the Charlottetown rental market.

How much is rent in Charlottetown?

The average rent in Charlottetown is $1,322 per month as of June 13, 2026.

Is rent up or down in Charlottetown?

Average rent prices in Charlottetown have remained the same over the last month and have decreased by 44% since last year.

How does Charlottetown rent compare to the national average?

Rent in Charlottetown is 32% below the national average, which means renters are paying approximately $627 less per month.

Which neighborhoods are most affordable in Charlottetown?

The most affordable neighborhoods in Charlottetown are Downtown Charlottetown ($1,150/mo), West Royalty ($1,150/mo), and Spring Park ($1,150/mo).

What salary do I need to afford rent in Charlottetown?

To comfortably afford rent in Charlottetown, you'd need to earn approximately $53,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Charlottetown

Apartments for rent in Stratford

Apartments for rent in Parkdale

Apartments for rent in Sherwood

Apartments for rent in Southport

Apartments for rent in Spring Park

Houses for rent in Charlottetown

Houses for rent in Stratford

Houses for rent in Southport

Houses for rent in Spring Park

44 Westcomb Cres Uppr Level, Charlottetown, PE C1C 1B3, CAN

44 Westcomb Cres Lowr Level, Charlottetown, PE C1C 1B3, CAN