Sherwood Crossing Townhomes
231 Mount Edward Rd,
Charlottetown, PE C1A 5T1
3 Beds | C$2,495 - 2,595
Rental Market Trends in Charlottetown, PE
What is the average rent in Charlottetown, PE?
C$817/month
Average Rent
487 Sq Ft
Average Apartment Size
+0.1%
Increase in the Last Year
As of December 2024, the average rent in Charlottetown, PE was C$817/month. When you rent an apartment in Charlottetown, you can expect to pay as little as C$534 to as much as C$1,627, depending on the location and size of the apartment.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Charlottetown, PE?
In the past year, rent has increased by 0.1%, which averages out to C$2 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Charlottetown, PE
Last Updated December 2024
C$700 - C$1,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below C$700/month
53%
C$700 - C$1,000/month
33%
C$1,001 - C$1,500/month
7%
C$1,501 - C$2,000/month
7%
Above C$2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Charlottetown?
Based on current rent prices, Charlottetown is the most affordable neighborhood in Charlottetown.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Charlottetown?
Based on current rent prices, Charlottetown is the most expensive neighborhood in Charlottetown.
Neighborhood
Average Rent
Average Sq Ft
Which Charlottetown neighborhoods have the most rentals available?
The neighborhood in Charlottetown with the most apartments available is Charlottetown .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Charlottetown, PE?
With the average rent in Charlottetown being C$817/month, you’ll want to make about C$2,723 per month or C$32,676 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our Rent Affordability Calculator to determine what an affordable rent amount is for you.
How does Charlottetown, PE compare to other nearby cities and neighborhoods?
Use the tool below to compare Charlottetown, PE to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$534/month
$534/month
One Bedroom
$871/month
$871/month
Two Bedroom
$1,237/month
$1,237/month
Three Bedroom
$1,492/month
$1,492/month
Nearby City Rent Trends
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.