The cost to rent a one-bedroom apartment surpassed $2,000 a month in Ottawa in August, as the average asking rent reached a record high across Canada.

New statistics from Rentals.ca show the average rent new tenants were asked to pay for a one-bedroom apartment in Ottawa last month was $2,063 a month, up 11.5 per cent from one year ago. The average asking rent for a one-bedroom apartment increased from $1,979 in July and $1,925 in May.

The average cost to rent an apartment was $2,226 a month in Ottawa in August, up 11.9 per cent from August 2022.