Average rent in Yellowknife
A 2 bedrooms unit in Yellowknife rented for $2,109 a month on average in October 2025 (▲ 4.4% in a year), rank 5 of 189 centres for two-bedroom rent (1 = highest). Check that a listing is fair before you sign.
Average monthly rent, October 2025
Bachelor
Oct 2024: $1,397 · ▲ 15.0%
$1,6061 bedroom
Oct 2024: $1,677 · ▲ 4.8%
$1,7572 bedrooms
Oct 2024: $2,021 · ▲ 4.4%
$2,1093+ bedrooms
Oct 2024: $2,386 · ▲ 2.6%
$2,449Questions and answers
What is the average rent in Yellowknife?
Bachelor: $1,606, 1 bedroom: $1,757, 2 bedrooms: $2,109, 3+ bedrooms: $2,449 a month (CMHC, October 2025).
Is rent going up in Yellowknife?
The average 2 bedrooms rent changed 4.4% between October 2024 and October 2025.
What rents are included?
Average rents in purpose-built row and apartment structures of three or more units, from CMHC's Rental Market Survey.
Source: Statistics Canada, Table 34-10-0133-01, CMHC average rents for areas with a population of 10,000 and over (Statistics Canada Open Licence).