Finding affordable housing can be difficult, especially if you live in expensive cities like Toronto and Vancouver. But Regina? Regina does not make the list of the most expensive cities in Canada.
But finding cheap apartments for rent in Regina can be a lot easier as it is one of the cheapest cities in all of Canada to live in. This makes it an ideal spot for those on a tight budget. If you’re looking for an affordable rental, Regina is the place to be.
Read on to find out how to find the lowest rent prices in Saskatchewan’s capital.
Which Neighbourhoods Can You Find Cheap Apartments For Rent In Regina?
If you’re searching for affordable rentals in Regina, the following areas have some of the lowest housing and rent prices around:
Neighbourhood | Location Description | Average Rent Price |
North Central | Just north of downtown Regina | $1,244 |
McNab | Just north of Regina International Airport | $1,300 |
Coronation Park | North of downtown Regina | $1,387 |
How To Find Cheap Apartments For Rent In Regina
The internet is full of websites that are designed to help renters find apartments in Regina. Browse through the following online platforms to find your next rental:
Kijiji
Kijiji is an online classifieds website that you can browse to find cheap apartments for rent in Regina. Just input the location in the search bar, and Kijiji will populate a list of rentals in the area, along with the rent price. You can also filter your search to:
- Narrow down the results
- Check out how old the listing is and how many people have already viewed the listing to gauge your competition.
Kijiji also offers a notification feature so you can get notified when new listings that match your price range are posted.
Padmapper
Padmapper makes it easy to find affordable rentals in Regina. The online platform plots all available rentals on a virtual map to make it easier to zero in on specific neighbourhoods in the city. You can choose from a variety of filters to narrow your search, or be taken directly to specific rental types, including low-cost apartments, pet-friendly apartments, and units with utilities included.
Padmapper also has a mobile app you can use to search for rentals on the go and a notification feature you can sign up for to get notified when a rental that matches your criteria is listed.
Zumper
Zumper is an online rental marketplace that helps renters find the perfect apartment according to their needs. Just type in the city you’re searching for and choose from a list of filters to narrow down the results. You can also use Zumper’s interactive map to pinpoint specific neighbourhoods you’re interested in. And if you find an apartment that checks all the boxes, you can apply right from Zumper’s website.
Rentals.ca
Rentals.ca is designed to help renters find the perfect apartment based on their price range and specific needs. The platform covers all cities across Canada, including Regina. You can customize your search for cheap apartments for rent in Regina by narrowing down the price, the number of bedrooms and bathrooms, property type, and other details. A map-based interface is also available to help you pinpoint rentals in specific neighbourhoods in the city, as well as an app you can use on your mobile device.
Facebook Marketplace
Facebook Marketplace is a feature on the social media platform that lets users buy and sell items, including real estate. You can peruse Facebook Marketplace to find cheap apartments for rent in Regina based on your price range, number of bedrooms and bathrooms, and other must-haves. The “Notify Me” feature is another handy tool you can use to get alerts when new rentals are posted that match your criteria.
What Is The Average Rent In Regina
According to Zumper, the average rent price for apartments in Regina are as follows:
Average Rent | |
Studio | $879 |
1-Bedroom | $1,205 |
2-Bedroom | $1,453 |
3-Bedroom | $1,806 |
4-Bedroom | $2,498 |
What If You Can’t Pay Your Rent In Regina?
If you’re having trouble coming up with enough money to cover your rent, there are certain avenues you can choose to take:
Speak To Your Landlord
Don’t wait until your rent is overdue to speak to your landlord about your financial troubles. As soon as you know you won’t be able to cover next month’s rent, inform your landlord. Depending on your history and relationship with your landlord, they may be flexible and offer you an extension.
However, if your financial troubles will last longer than a month, you may need to seek out other solutions.
Consider Paying With Your Credit Card
Paying for next month’s rent with your credit card would ensure that you can pay your rent on time, but give you extra time to come up with the funds needed to pay your credit card balance. Unfortunately, landlords don’t typically accept credit card payments to cover rent.
To work around this issue, you can use a third-party rent payment platform, like Letus by RentMoola, to use your credit card to pay your rent. These services collect your credit card payment and deposit the money directly into your landlord’s account on your behalf. Meanwhile, you can benefit not only from a little more time to pay your credit card bill, but you can also earn cash back rewards with every dollar spent.
Spread Your Costs With A Personal Loan
If you’re a bit short on your rent this month, a personal loan might help. Personal loans from online lenders can provide you with money that can be used for a variety of purposes, including paying your rent. The approval and funding process is usually pretty quick, so you won’t have to wait days or weeks for your money, especially if rent is due very soon.
If you’ve got good credit, you can secure a lower interest rate, which will make your loan more affordable. Even if your credit score is low, there are bad credit lenders available who cater to borrowers in your situation, though your rate will be higher. As such, before applying for a loan, be sure to check your credit score so that you can find a lender who can give you the best offer.
However, be careful about adding more debt to the books if you’re already struggling to keep up with your current bills.
How To End A Lease In Regina
Once you’ve dealt with your current rent issues, it may be time to start looking for cheap apartments for rent in Regina to keep your rent affordable and avoid future financial woes.
If you want to move out of your current apartment in Regina, you need to give your landlord at least 1-month notice in writing. This applies whether you’re on a fixed-term or period (weekly or monthly) lease.
However, in some circumstances, you may be able to give less than 1-month notice. For instance, if the landlord has significantly breached your rights or you’re in danger of domestic abuse, you may be able to vacate earlier.
Find Cheap Apartments For Rent Across Canada
How To Qualify For Cheap Apartments For Rent In Regina
There are ways to snag an apartment in Regina for less than the market price to save some money in monthly rent:
Boost Your Credit Score
Your credit score can play a role in your ability to secure a rental. Tenants typically undergo a screening process, and part of that may involve a credit check. A good credit score typically means you’ve made timely bill payments in the past, which implies that you’ll likely pay your rent on time in the future.
Landlords prefer to rent out to tenants with good credit to maximize the chances that rent will be paid on time every month. If your score is a little on the low end, consider taking some time to give it a boost first before searching for cheap apartments for rent in Regina.
How To Check Your Credit Score For Free In Canada
You should find out what your credit score is before beginning the search for a new rental unit. You can check your score for free at CompareHub. If you sign up, CompareHub can also help you find and apply for loans to pay rent with the lowest interest rates based on your financial and credit profile.
Negotiate
There’s no harm in negotiating a lower rent price with a prospective landlord, especially if you present yourself as a model tenant. Landlords look for tenants that will be easy to deal with. If your credit score is high and you’ve got references that can vouch for you as a responsible tenant, you’ll have more negotiating power.
The worst the landlord can say is no, so there’s no harm in trying to bargain.
Search During Off Times
The warmer months of the year tend to be the busiest for house hunting. With more people out and about looking for an apartment, the competition can start to get tough. And more demand can hike up the price of apartments.
Instead, consider waiting until demand dies down, which often happens when the temperatures dip. Looking for cheap apartments for rent in Regina during the fall and winter may help you land a better deal.
Consider A University Residence
If you’re attending college or university, you’ll likely find the best deals on residence. You may have to share common amenities with others — including the kitchen, living room, and bathroom — but the lower rent price offsets this inconvenience.
Final Thoughts
You shouldn’t have any issues finding cheap apartments for rent in Regina. Considering the fact that the cost of living in Regina is among the lowest in the country, affordable rentals are not that difficult to come by. That said, there are online tools you can use to find the cheapest apartments. And if money is tight at any given time, there are plenty of loan products available to help you make ends meet.