The average price of a two-bedroom rental property in the Queen City currently sits at $1,200 a month, a 3.3 per cent increase from last year. With increased demand and other factors such as inflationary pressures, prices in Regina are set to increase in the near future. “But we’re sure happy with it, especially with the space that we're getting.” “It's pretty around market rate, maybe a little bit more than market rate,” said Rabbetz. He and his three roommates each pay around $550 for a total of around $2,200 before utilities. Rabbetz eventually found a five-bedroom house to rent in the Douglas Park area. The total rent for the students comes out to around $1,400 before utilities. Mansfield currently rents a one story, three bedroom and one bathroom home with two roommates in the Harbour Landing area. That was cutting it close until we found our place that was cheap enough.” “The hardest part was to find one in our price range because we really didn't want to pay like more than $650 each, a month because that would have been quite a lot. “It wasn't too difficult to be honest with you, but I'm also not too picky,” the second year education student explained. Other student renters, like Madison Mansfield, have had better luck in their search. So the nature of the rental scene here in Regina, it moves very fast for university students my age.” They weren't exactly what I was looking for, were being rented within an hour or a day or so. I was checking all the marketplaces and the Kijijis and all these websites probably once, twice, maybe every other hour,” said Reed Rabbetz, a business student in his final year of study at the University of Regina. Some student renters have encountered some issues in their search for a place to live ahead of the upcoming fall semester.
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Download the CTV News app to get local alerts sent to your device.Whereas compared to last year, there was a bit of ambiguity and inconsistency across the institutions.” We're seeing all of the universities and technical institutes open their doors to in person classes this fall. “ increased immigration coming into the province. “The market could be described as relatively tight at the moment when compared to this time last year due to a number of factors,” said Cameron Choquette, CEO of the Saskatchewan Landlords Association (SLA). As fall approaches, the rental market in Regina has become quite frenzied according to experts and renters alike.