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Average rent in Charlottetown, PE

The average 1-bedroom rent in Charlottetown is $1,066 a month, and a 2-bedroom averages $1,354 (CMHC Rental Market Survey, October 2025).

What all renters pay (CMHC)

Unit sizeAverage monthly rent
Studio$984
1-bedroom$1,066
2-bedroom$1,354
3-bedroom+$1,548
All units$1,292

How Charlottetown compares

A studio here averages $984, 7% higher than the Prince Edward Island average of $916, and 4% lower than Moncton (130 km away) at $1,028.

Unit sizeCharlottetownPrince Edward IslandMoncton
Studio$984$916$1,028
1-bedroom$1,066$1,052$1,164
2-bedroom$1,354$1,331$1,452
3-bedroom+$1,548$1,189$1,607

Source: CMHC Rental Market Survey, Oct 2025: average rent by bedroom and survey zone (purpose-built, all tenants). These are averages for purpose-built rental apartments and include long-time tenants, so new leases are usually higher.

What people here told us

Community stats appear here once at least 5 people have checked their rent in Charlottetown, so no one can be identified.

By bedroom

Nearby cities

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