Quick answer (August 2026)
Regina's median asking rent is $1,389 as of August 2026 per Zumper, down 5.5% year over year, with a 1-bedroom at $1,249 and a 2-bedroom at $1,520. Rentals.ca puts Regina's average asking rent at $1,397 in June and names it one of the most affordable of Canada's 25 largest cities. The CMHC vacancy rate held at 2.7%, unchanged from 2024. The purchase market is the real story this summer: the Saskatchewan REALTORS Association reported a record Regina benchmark home price of $356,400 in June, up 5%, with only 1.6 months of supply. Rents flat to slightly softer, houses at record highs and selling in weeks.
This is a comprehensive 2026 rental market reference for Regina property owners, renters, and investors. We pull the actual numbers from CMHC, the Saskatchewan REALTORS Association, Statistics Canada, and the major rental data providers. Data sources are linked at the bottom of every section.
About this guide. GoodDoors is a Saskatchewan property management company with offices in Regina and Saskatoon. We have managed 600+ residential properties since 2017. This guide is what we tell our owner clients when they ask "what is the rental market doing right now." For our Saskatoon-specific service page, see GoodDoors Saskatoon.Average rent in Regina, August 2026
Zumper publishes Regina rent on a rolling 30-day basis, which makes it the most current source available. Here is the August 2026 picture:
| Unit type | Median asking rent | Year over year |
|---|---|---|
| Studio | $1,045 | up 3% |
| 1-bedroom | $1,249 | down 1% |
| 2-bedroom | $1,520 | down 1% |
| 3-bedroom | $1,949 | no change |
| 4-bedroom | $2,800 | up 12% |
| Median (all unit types) | $1,389 | down 5.5% |
Rentals.ca and Urbanation put Regina's average asking rent at $1,397 in their June 2026 report, close to Zumper's figure. They list Regina alongside Saskatoon and Quebec City as the most affordable of Canada's 25 most populous cities.
Source: Rentals.ca National Rent Report, July 2026 edition.
Read the year-over-year numbers carefully. The overall median fell 5.5% while every individual unit type was flat or up except a 1% dip in 1 and 2 bedrooms. Those two facts are not in conflict. The all-unit median is sensitive to the mix of what happens to be listed, so a summer with more small units on the market pulls the median down without any individual unit type getting cheaper. The per-bedroom rows are the more reliable signal, and they say Regina rent is close to flat.If you are setting rent for a Regina property right now, the practical range is $1,250 to $1,550 for a typical 1 or 2 bedroom, depending on neighbourhood, building age, and amenities. See our guide on setting the right rent in Regina for the comparable-market-analysis approach.
Where Saskatchewan sits against the rest of the country
Saskatchewan was one of only three provinces where asking rents rose year over year in June 2026, up 0.8%, alongside Nova Scotia (+3.7%) and Manitoba (+0.8%). Rents fell 5.3% in British Columbia and Ontario, 4.2% in Alberta, and 2.2% in Quebec.
Over three years, Saskatchewan has the largest rent increase in the country at +25.6%. Only Ontario and British Columbia are down over that window, both by 8.0%.
The national average asking rent across all property types was $2,033 in June 2026, down 4.3% year over year and the 21st consecutive month of annual decline. Rentals.ca noted that Saskatchewan, the fastest-growing rental market in the country for much of the past year, is "showing clearer signs of flattening out."
Regina vacancy rate
CMHC publishes the most reliable vacancy data through its annual Rental Market Report. For Regina:
| Year | CMHC vacancy rate (purpose-built rental apartments) |
|---|---|
| 2024 | 2.7% |
| 2025 | 2.7% |
Rental Housing Saskatchewan, which represents landlords and housing providers across the province, framed the current numbers as a return to normal rather than a warning sign. Landon Field, the association's CEO, put it this way: "What we're seeing right now is not a cause for concern. It's a normalization after years of very low, even dangerously low, vacancy."
Source: SaskToday coverage of Rental Housing Saskatchewan's State of the Rental Housing Market.
CMHC's 2026 mid-year update introduced a useful idea: a "balanced vacancy rate range" specific to each market, meaning the vacancy level at which rent growth roughly tracks inflation. That update covered only the seven largest metros and did not include Regina or Saskatoon, so there is no published balanced range for Regina yet. It is worth watching for in the next full report.
For a typical well-managed Regina 1-bedroom, expect roughly 21 to 30 days from listing to lease signing in current conditions. That benchmark holds across our managed portfolio.
Demand drivers in Regina
Population growth
Regina's CMA population reached 291,187 as of July 1, 2025, up 6,148 people or 2.16% from the year before, per Statistics Canada. Saskatchewan as a whole passed 1.26 million and posted the third-highest provincial growth rate in the country.
Source: Statistics Canada Table 17-10-0148-01, released January 14, 2026.
One caveat on this number. CMA-level population estimates run about a year behind, so July 1, 2025 is the newest figure available and the next release lands around January 2027. Treat it as the most recent confirmed reading, not a current-day count.
Growth has also slowed. CMHC's lead economist for the Prairies, Taylor Pardy, pointed to national immigration policy shifting back toward more typical levels as one of the forces reshaping the Saskatchewan market. Newcomers overwhelmingly rent before they buy, so a slower intake shows up in rental demand first.
Employment base
Regina's economy leans on government, healthcare, agribusiness, and a resilient potash and energy services base. Stable employment keeps rental demand steady year over year rather than cyclical.
Post-secondary student cycle
Roughly 16,000 students at the University of Regina create predictable seasonal demand. Properties near campus see the most movement in August and December as semesters change. This is concentrated demand, not market-wide, but it shapes rent in specific zones (College Park, Hillsdale, downtown).
What is coming online (new supply)
Saskatchewan continues to lead the country in housing starts, and most of that growth is purpose-built rental. CMHC counted roughly 1,003 apartment and row-housing units under construction in Regina as of late 2024, the most recent figure CMHC has published at that level of detail. New starts have concentrated in Harbour Landing, Greens on Gardiner, and Eastview.
There is a second supply channel worth knowing about. The province's secondary suite incentive program offers grants covering up to 35% of construction costs for homeowners adding legal secondary suites, including basement suites, garage units, and laneway homes. Rental Housing Saskatchewan reports the program has added roughly 1,000 rental units in three years. For a Regina homeowner sitting on an unfinished basement, that is a real path to a second income stream, and it is also new competition for existing small landlords.
For owners of older Regina buildings, new supply matters in a specific way. Newer purpose-built units typically lease at higher rates but face higher vacancy in their first 12 months as they fill. The result is a two-tier market: older mid-market 1 and 2 bedroom units stay tight, while newer construction sits looser until lease-up completes.
The purchase market: record prices, record-low supply
This is where Regina changed most since our April update.
| Metric | June 2026 | Year over year |
|---|---|---|
| Regina benchmark home price | $356,400 (record) | up 5% |
| Regina sales | 432 | up 8%, and 23% above the 10-year average |
| Saskatchewan benchmark price | $385,900 (record) | up nearly 5% |
| Saskatchewan sales | 1,849 | up 5%, and 18% above the 10-year average |
| Saskatchewan new listings | 2,735 | up 6% |
| Saskatchewan months of supply | 2.51, the lowest ever recorded for June |
Regina's benchmark price of $356,400 broke the record set the month before. Provincial inventory is running nearly 50% below the 10-year average.
Chris Guérette, the SRA's CEO, described the shift in late July: "Saskatoon is sitting at 1.5 months. Regina is sitting at 1.6." A balanced market is four to six months. She added, "We're talking about weeks here. It's not comfortable." She also noted that under $500,000 is where product moves fastest, which covers most of Regina's housing stock.
Source: 650 CKOM interview with the SRA CEO, July 27, 2026. These months-of-supply figures come from an interview rather than a published statistics release.
Why a rental guide covers this. When houses hit record prices and sell in under two months of supply, would-be buyers stay renters longer. A tight purchase market is a tailwind for rental demand even when asking rents are flat, and it is the single best argument right now for holding a Regina rental rather than selling into the spike.How Regina compares
| Market | Median or average asking rent | CMHC vacancy 2025 | Benchmark home price (June 2026) |
|---|---|---|---|
| Regina | $1,389 median (Zumper, Aug) / $1,397 average (Rentals.ca, June) | 2.7% | $356,400 |
| Saskatoon | $1,472 median (Zumper, Aug) / $1,428 average (Rentals.ca, June) | 3.3% | $448,400 |
| Canada | $1,940 median (Zumper) / $2,033 average (Rentals.ca, June) | see note | varies by source |
Note on the vacancy column: CMHC's 2026 mid-year update reported 2025 apartment vacancy for the seven largest metros only, ranging from 2.7% in Halifax to 5.0% in Calgary. It did not publish a single national figure.
For the Saskatoon side, see our Saskatoon rental market update for August 2026.
Affordability: rent-to-income in Regina
The "30% rule" says a household should spend no more than 30% of gross monthly income on rent. At Regina's median of $1,389, that implies a household income of roughly $55,600 per year.
For a 1-bedroom at $1,249, the implied income is about $50,000. For a 2-bedroom at $1,520, roughly $60,800.
Most full-time positions in Regina's core sectors (government, healthcare, trades, retail management) clear these thresholds for 1 and 2 bedroom rentals. Studio and bachelor units are accessible at part-time and entry-level wages. This is a large part of why Regina has not seen the renter-stress crises that have hit Vancouver, Toronto, or Halifax.
Seasonality patterns in Regina
Rental demand in Regina follows predictable seasonal patterns:
- March to May: spring move-up season. Demand picks up and rent on newly listed units holds firm
- June to August: peak demand, driven by end of fiscal year for many government workers and pre-fall student arrivals. The most aggressive rent positioning works here
- September to October: post-September lull. Listings priced too high in summer get repriced now
- November to February: slowest months. Vacancy stretches longer and rent flexibility is highest. Winter movers often have unusual circumstances (job relocation, eviction, lease break)
Regina winters are real. Showings in January at -25C are harder to schedule and harder to convert. Owners listing in deep winter typically accept slightly lower rent or a longer vacancy.
What this means for Regina landlords
A flat 2.7% vacancy rate with flat-to-slightly-soft asking rents means the same thing it meant in April, with one adjustment: there is less room to push rent than there was a year ago.
Practical playbook for the rest of 2026:
- Benchmark against the median for your unit type, not the headline all-unit median. The all-unit number moved 5.5%; your unit type probably moved about 1%
- Plan modest increases at renewal. Saskatchewan has no rent control and no cap on the amount. For a periodic tenancy, a landlord who is not a member of a prescribed association serves a 12-month Notice of Rent Increase, the increase cannot begin within the first 18 months of the tenancy, and rent can only be raised once every 12 months. Members in good standing of the SKLA or NPHPS can serve a six-month notice, cannot raise within the first 12 months, and can raise once every six months. Fixed-term tenancies use the Term Lease Two Month Notice form, served at least two months before the tenancy end date. See the Government of Saskatchewan rent increase rules and our Saskatchewan rent increase law guide
- Retention beats maximization. Replacing a good tenant with a 30-day vacancy plus make-ready cost typically wipes out a full year of a $50 per month increase
- Move quickly on placement. Older listings get fewer applications regardless of price
- Document condition at every move-in and move-out. See our guide on normal wear and tear
- Screen properly. A single bad tenant costs more than a year of small savings. See our tenant screening process
- Stay current on the Residential Tenancies Act 2006 requirements
What this means for Regina renters
A 2.7% vacancy rate keeps the market competitive but not impossible. Quality units in good neighbourhoods rent quickly, especially in the spring and end-of-summer windows. Renters with stable employment, clean references, and verifiable income have the advantage, and pre-screened applications get processed faster.
Asking rents being flat to slightly down is genuinely good news after three years of increases totalling more than 25% province-wide. Newly built buildings are the most likely place to find a concession such as a free month or waived parking.
If you are searching now, apply quickly when something fits. Properties sitting more than 30 days often have a reason worth investigating before you sign. For neighbourhoods worth considering, see our guide to Regina neighbourhoods.
What is new since our April update
- The purchase market broke records. Regina's benchmark price went from $330,600 in January to $356,400 in June, and months of supply fell to roughly 1.6. That was the biggest single change in this market
- Asking rents flattened, and the all-unit median fell. In April we wrote that Regina had not seen the national softening. That is no longer quite right. Zumper's all-unit median is down 5.5% year over year, though per-bedroom rents are close to flat and Rentals.ca still has Saskatchewan up 0.8% province-wide. The honest read is that Regina rent growth has stopped, not that rents are falling meaningfully
- Population growth slowed to 2.16% for the Regina CMA, as national immigration levels return to more typical numbers
- CMHC publishes the next full Rental Market Report in December 2026. Until then the 2025 vacancy figures are the most current ground truth for Regina
- Whether Regina's vacancy holds at 2.7% as new supply absorbs
- Whether CMHC publishes a "balanced vacancy range" for Regina the way it did for the largest metros
- Whether another year of 5% price growth pushes more would-be buyers back into the rental pool
Where the data does not yet exist
For transparency, here is what we could not source for this update:
- CMHC does not publicly disaggregate Regina rent by neighbourhood zone, year built, or structure type at the level some larger Canadian cities receive. The Housing Market Information Portal carries the underlying tables
- Units under construction is a late-2024 figure. CMHC has not published a newer Regina-specific count at that granularity
- Absolute active-listing counts for Regina are not published by the SRA. They report months of supply and the gap to the 10-year average, so we do not quote a listing count
- Apartments.com and Zillow figures are not in this update. Both blocked automated retrieval when we refreshed, and we would rather omit a number than carry forward a stale one as current
Frequently Asked Questions
What is the average rent in Regina in 2026?
As of August 2026, Zumper puts Regina's median asking rent at $1,389 across all unit types, down 5.5% year over year. A studio averages $1,045, a 1-bedroom $1,249, a 2-bedroom $1,520, and a 3-bedroom $1,949. Rentals.ca reported an average of $1,397 for June 2026.
What is the vacancy rate in Regina?
Per CMHC's most recent Rental Market Report, Regina's vacancy rate for purpose-built rental apartments was 2.7% in 2025, unchanged from 2024. That is within the healthy-market range most analysts use.
Are rent prices going up in Regina?
Regina rent growth has essentially stopped. Per-bedroom asking rents are within about 1% of where they were a year ago, and Zumper's all-unit median is down 5.5%. Province-wide, Rentals.ca still shows Saskatchewan up 0.8% year over year, one of only three provinces with an increase. Over three years, Saskatchewan rents are up 25.6%, the largest gain in Canada.
Is Regina a cheap city to rent in?
Yes. Regina is roughly 28% below the national median rent of $1,940 per Zumper, and Rentals.ca lists it among the most affordable of Canada's 25 largest cities.
How does Regina rent compare to Saskatoon?
Saskatoon is slightly higher. Zumper's August 2026 medians are $1,472 for Saskatoon against $1,389 for Regina. Saskatoon's vacancy rate is 3.3% against Regina's 2.7%, so Saskatoon owners face a little more competition for tenants.
What income do I need to afford rent in Regina?
Using the 30% of gross income rule, Regina's median rent of $1,389 implies a household income of about $55,600 per year. A 1-bedroom at $1,249 implies roughly $50,000, and a 2-bedroom at $1,520 implies about $60,800.
How fast does a Regina rental property typically rent?
In a 2.7% vacancy environment with a properly priced and well-presented unit, the typical Regina rental leases within 21 to 30 days from listing. Repeat tenants and referrals through a manager can compress that further.
What is the Regina benchmark home price in 2026?
The Saskatchewan REALTORS Association reported a record Regina benchmark home price of $356,400 in June 2026, up 5% year over year. The Saskatchewan provincial benchmark was $385,900, also a record.
How much notice does a Regina landlord have to give for a rent increase?
For a periodic tenancy, a landlord who is not a member of a prescribed landlord association must serve a 12-month Notice of Rent Increase, cannot start the increase within the first 18 months of the tenancy, and can only increase once every 12 months. Members in good standing of the SKLA or NPHPS serve a six-month notice, cannot increase within the first 12 months, and can increase once every six months. Saskatchewan has no cap on the amount of the increase.
When is the next CMHC rental market report?
CMHC publishes its annual Rental Market Report in December. The 2026 edition is expected in December 2026.
Sources
- Saskatchewan REALTORS Association, June 2026 release
- Saskatchewan REALTORS Association market statistics
- 650 CKOM: SRA CEO on the Saskatchewan housing market, July 27 2026
- Zumper: Regina rent research
- Rentals.ca National Rent Report
- CMHC Rental Market Report
- CMHC 2026 Mid-Year Rental Market Update
- CMHC Housing Market Information Portal
- Statistics Canada: Population estimates table 17-10-0148-01
- SaskToday: Saskatchewan rental market stabilizing
- Government of Saskatchewan: Rent increases
Related Resources
Main service pages- GoodDoors: our Regina office and main services
- GoodDoors Saskatoon: our Saskatoon office and Saskatoon-specific services
- Saskatoon Rental Market Update August 2026
- Setting the Right Rent in Regina
- Saskatchewan Rent Increase Law
- Landlord-Tenant Rights in Saskatchewan
- Property Management Fees in Saskatchewan
- Rental Management Services
- Tenant Screening Services
- Eviction Laws in Saskatchewan
- Security Deposit Saskatchewan
- Normal Wear and Tear
- Best Regina Neighbourhoods
- Advertising Your Regina Rental
