Charlottetown Rental Market — 2024/2025
Average monthly rents by unit type across Charlottetown, PE
$1,200–$1,500
Studio / Bachelor
$1,500–$1,900
1 Bedroom
$1,800–$2,400
2 Bedroom
$2,200–$3,000
3 Bedroom
$2,800+
4+ Bedroom
Neighbourhoods We Serve
Local expertise in every Charlottetown community
Downtown Charlottetown
High-demand rentals near Victoria Row, waterfront, and government offices. Ideal for young professionals and students.
West Royalty
Popular suburban area with family homes, shopping centres, and easy access to UPEI and the Confederation Bridge.
Parkdale / East Royalty
Growing residential communities with strong rental demand from healthcare and service sector workers.
University Area (UPEI)
Year-round student rental market with September peaks. Consistent demand for 1–4 bedroom properties.
North River / Sherwood
Newer developments attracting families and professionals working throughout the city.
Charlottetown Waterfront
Premium rental properties with harbour views and walking distance to restaurants and entertainment.
Why Charlottetown Owners Choose IRPM
Access to 17,500+ Island Rentals community members — the largest PEI rental network
Full PEI Rental Act compliance — leases, notices, and dispute management
Licensed, insured maintenance providers available 24/7 in Charlottetown
Low vacancy rates: IRPM averages ~3.5% vs. 8% PEI market average
Digital tenant portal, inspection reports, and monthly owner statements
Transparent pricing — no hidden fees, no surprise charges
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