Prince Edward Island, Canada

Prince Edward Island, Canada

Find Prince Edward Island Apartment Rentals

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$1,393Per Month

10 By Way Avenue 2 Bdrm available at 10 By Way Avenue, Cornwall Cornwall, PE#5657578

  • 2 Bed
  • 1 Bath
  • $1,393

1 MONTH FREE RENT* + HALF OFF YOUR SECURITY DEPOSIT**Conditions apply. Rental Office located at 22 Garfield Street #107 Hyde Pond apartments for rent in Cornwall is ideally located close to the Trans-Canada Highway and w

$1,550Per Month

602 E Girard Ave Unit 2 602 E Girard Ave Unit 2 Philadelphia, PE#6432650

  • 2 Bed
  • 1 Bath
  • $1,550

Located in the Fishtown neighborhood, this property is only blocks from popular destinations such as Frankford Ave and Front St Bars and Restaurants, Penn Treaty Park, and Concert and Entertainment venues along Delaware Avenue, The Piazza and 2nd St bars, restaurants, and entertainment venues, and more! Recently renovated 2br/1ba unit is nestled in the heart of Fishtown and offers convenient access every bar and restaurant you can think of. Featuring exposed brick, a spacious living area, and

$1,568Per Month

20 MacKenzie Drive 2 Bdrm available at 20 MacKenzie Drive, Summerside Summerside, PE#5942754

  • 2 Bed
  • 1 Bath
  • $1,568

Rental Office is located at 326 Pope Road. The Tides is a 4-storey, waterfront apartment rental property in Summerside, Prince Edward Island. It is well-situated on the Northumberland Strait, a large body of water connected to the Gulf of Saint Lawrence. It is an ideal location for indiv

$1,595Per Month

2478 Frankford AVE Unit 2 2478 Frankford AVE Unit 2 Philadelphia, PE#6523519

  • 2 Bed
  • 2 Bath
  • $1,595

Located in the Fishtown neighborhood, this property is only blocks from popular destinations such as Frankford Ave and Front St Bars and Restaurants, Penn Treaty Park, and Concert and Entertainment venues along Delaware Avenue, The Piazza and 2nd St bars, restaurants, and entertainment venues, and more! This spacious 2BR/2BA apartment will not be on the market long. With an open floor plan, stainless steel appliances, evenly sized bedrooms and a short walk to many of the city's most popul

$1,650Per Month

2476 Frankford AVE Unit 3 2476 Frankford AVE Unit 3 Philadelphia, PE#6523520

  • 2 Bed
  • 2 Bath
  • $1,650

Located in the Fishtown neighborhood, this property is only blocks from popular destinations such as Frankford Ave and Front St Bars and Restaurants, Penn Treaty Park, and Concert and Entertainment venues along Delaware Avenue, The Piazza and 2nd St bars, restaurants, and entertainment venues, and more! Beautiful unit on the outskirts of Fishtown! Featuring a spacious layouts, two evenly sized bedrooms and an abundance of natural light! Take a short stroll down one of the hottest commercial c

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Apartments for rent Prince Edward Island

Prince Edward Island, with its beautiful scenery, rich history, and increasing development, is one of the most desired places to live in Canada. It is the smallest of the three Maritime Provinces, and the only one without land boundaries. Prince Edward Island (Also known as PEI), is sparsely populated, but still provides residents a small town atmosphere without the need to forgo big city benefits. From its capital of Charlottetown to its smallest of towns, visitors are bound to be captivated by PEI's diverse culture.

Apartments and townhouses in Prince Edward Island are not only located near some of the most stunning vistas in the world, but also near a host of colleges, shopping centers, museums, and beautiful sandy beaches, making this an ideal place to live for prospective tenants seeking educational opportunities, starting families, or beginning early retirement. Its diversifying economy and continual development has allowed the growth of a plentiful amount of attractive, cheap apartments and rooms for rent are abundant in its capital, Charlottetown.

The cost of apartment living in Prince Edward Island is among the lowest of all the Canadian provinces. A family can lead a relatively comfortable life without encountering financial strain while still being able to enjoy the various activities around PEI. Although PEI rentals are inexpensive, prospective tenants are encouraged to budget wisely as there are fewer high paying jobs in the region. Before committing to a particular apartment for rent in PEI, spend time researching the market and learning which regions are most appropriate for you and your budget.

Apartment Rental Statistics Prince Edward Island

Rental Type Active
Listings
Minimum
Rent
Maximum
Rent
Average
Rent
Studio 1 $1,175 $1,175 $1,175
1 Bedroom 2 $1,350 $1,475 $1,412
2 Bedroom 7 $1,393 $1,775 $1,612
3 Bedroom 9 $1,350 $3,600 $2,259

Renting tips & advice

Before beginning a search for PEI apartments for rent, review the following tips to help increase the likelihood of success:

PEI Apartments Rent Quickly

Have your documents, information, and checkbook ready before even starting your search. PEI Rentals move quickly in a competitive market, so you must be ready to act when the time is right. In some markets, prospective tenants are expected to pay a non-refundable application fee, security deposit for both the first and last month's rent and a possible apartment finder or broker's fee before moving in, all of which can exceed the first month's rent. To help offset the worries of landowners and better your chances of success, show PEI landlords your employment history and guarantee extra money upfront if absolutely necessary. 

Check Out the Neighborhood

Most people searching for townhouses or apartments know almost every detail about the amenities and location of the premises, but little about the activity of the neighborhood. Because of this, some end up living in an undesirable location. Visit a neighborhood several times and at different times of the day, talk to existing tenants and look at online reviews before signing a lease for an apartment for rent in PEI.

Create a Budget Regarding the Area

Different areas harbor different cost, so budget accordingly. Consider all monthly expenditures, including transportation and groceries in addition to utilities, phone, cable, internet and parking before deciding on a range for an apartment's rent. Most tenants find that dedicating 50% of their after-tax net income to rental costs will allow them to find an acceptable property as well as maintain a good standard of living.  

Thoroughly View the Apartment

It is common for renters to lease apartments based on online information without conducting a thorough inspection in-person. This is an unwise practice and can prove dangerous in the future. Ask to view the apartment and make sure everything functions correctly, including the stove, shower, and any appliances before signing a lease and sending any money to the landlord. Do not, under any circumstance, send money to a landlord without signing a lease.

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