Rental Market Trends in Summerside, PE

What is the average rent in Summerside, PE?

C$930/month

Average Rent

77 Sq Ft

Average Apartment Size

+3.4%

Increase in the Last Year

As of December 2024, the average rent in Summerside, PE was C$930/month. When you rent an apartment in Summerside, you can expect to pay as little as C$819 to as much as C$1,448, depending on the location and size of the apartment.

Floor Plan Type

Average Rent

Average Sq Ft

Studio

C$819/month

578 Sq Ft

One Bedroom

C$930/month

77 Sq Ft

Two Bedroom

C$1,052/month

785 Sq Ft

Three Bedroom

C$1,448/month

796 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 Summerside, PE?

In the past year, rent has increased by 3.4%, which averages out to C$32 more per month.

Percentage*

Rent Range

0% Below C$700/month

20% C$700 - C$1,000/month

80% C$1,001 - C$1,500/month

0% C$1,501 - C$2,000/month

0% Above C$2,000/month

What salary do I need to live comfortably in Summerside, PE?

Because the average rent in Summerside is C$930, you’ll want to make about C$3,100 per month or C$37,200 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 help determine how much to budget for rent.

How does Summerside, PE compare to other nearby cities and neighborhoods?

Use the tool below to compare Summerside, 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.

Apartment Averages

Apartment communities in Summerside we think you'll love

Malpeque Executive Suites

324 Pope Rd,
Summerside, PE C1N 5A5

2 Beds | C$1,265

115-115 Bayview Dr

115-115 Bayview Dr,
Summerside, PE C1N 4A2

1 Bed | C$995

31 Langille Ct

31 Langille Ct,
Summerside, PE C1N 4B1

3 Beds | C$2,054

19 McGee Dr

19 McGee Dr,
Summerside, PE C1N 4B5

2 Beds | C$1,395

Canada Prince Edward Island Summerside Rental Trends

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.