The rental market in Regina in 2023 will likely remain tight and competitive, as the population is expected to continue to grow over the next few years. Rental rates in the city are already relatively high in comparison to other Canadian cities, and that trend is likely to continue. Demand for rental units is expected to rise while supply remains relatively low. As a result, landlords are likely to become increasingly selective in their tenant selection criteria, while also expecting higher monthly rents. Tenants should expect to pay higher monthly rent than in previous years and possibly be subject to additional screening. Additionally, as an increasing number of individuals look to move to Regina in the coming years, the rental market is likely to become increasingly competitive, making it more difficult for renters to find suitable rental units.
