Fredericton Rent Prices — Updated for May 2026
Report for May 2026 · Updated monthly by Door Insight
The median rent for a two-bedroom unit in Fredericton is $1,712 per month as of May 2026. One-bedroom units are asking $1,500, two-bedrooms $1,712, and three-bedrooms $2,100. Asking rents have climbed 14.1% compared to the same period last year.
Fredericton Rent Trends — Historical Chart
Fredericton Rental Market Summary — May 2026
The median asking rent for a two-bedroom unit in Fredericton is $1,712 per month as of May 2026. Month-over-month, two-bedroom rents rose 10.5%. One-bedroom units are listing at a median of $1,500, while three-bedroom units sit at $2,100. The one-bedroom segment is moving fastest year-over-year at +20%.
Year-over-year, Fredericton's two-bedroom median asking rent has increased 14.1%. One-bedroom rents moved +20% over the same period. Three-bedroom rents shifted +13.5% year-over-year. These figures reflect asking rents from active listings analysed by Door Insight.
By Property Type
Condo two-bedroom units in Fredericton have a median asking rent of $1,650 (+10% YoY). House two-bedroom units in Fredericton have a median asking rent of $2,220 (+11% YoY).
Property managers in Fredericton should consider current market trajectory when setting rental rates. The data on this page provides a baseline for pricing decisions across Fredericton's rental market. For property-specific estimates, Door Insight's Rent Estimator provides address-level analysis.
Average Rent in Fredericton by Bedroom Count
The table below shows median and average asking rents in Fredericton, New Brunswick as of May 2026.
| Bedrooms | Median Rent | Average Rent | Month-over-Month | Year-over-Year |
|---|---|---|---|---|
| 1 Bedroom | $1,500 | $1,445 | ↑ 11.1% | ↑ 20% |
| 2 Bedroom | $1,712 | $1,771 | ↑ 10.5% | ↑ 14.1% |
| 3 Bedroom | $2,100 | $2,191 | ↑ 18.3% | ↑ 13.5% |
Among the bedroom types tracked in Fredericton, 1 Bedroom units are showing the strongest year-over-year movement. Property managers pricing 1 bedroom units may have additional room to adjust asking rents, while slower-moving segments may warrant more competitive positioning to minimise vacancy.
Fredericton Rent by Property Type
Rental rates in Fredericton differ by property type. The table below breaks down median two-bedroom rents as of May 2026.
| Property Type | Median Rent (2BR) | Month-over-Month | Year-over-Year |
|---|---|---|---|
| All Types | $1,712 | ↑ 10.5% | ↑ 14.1% |
| Condo | $1,650 | ↑ 6.5% | ↑ 10% |
| House | $2,220 | ↑ 27.7% | ↑ 11% |
Among property types, House rents are growing the fastest year-over-year, while Condo rents are growing the slowest.
Condo Rent in Fredericton
| Bedrooms | Median Rent | Average Rent | YoY Change | MoM Change |
|---|---|---|---|---|
| 1 Bedroom | $1,500 | $1,466 | ↑ 20% | ↑ 10.1% |
| 2 Bedroom | $1,650 | $1,683 | ↑ 10% | ↑ 6.5% |
| 3 Bedroom | $2,100 | $1,960 | ↑ 13.5% | ↑ 18.3% |
House Rent in Fredericton
| Bedrooms | Median Rent | Average Rent | YoY Change | MoM Change |
|---|---|---|---|---|
| 1 Bedroom | $1,300 | $1,300 | ↑ 26.8% | ↑ 79.3% |
| 2 Bedroom | $2,220 | $2,244 | ↑ 11% | ↑ 27.7% |
| 3 Bedroom | $3,000 | $3,000 | ↑ 50% | ↑ 57.9% |
Is Fredericton Rent Going Up or Down?
Fredericton rents are rising. The current median two-bedroom asking rent is $1,712 per month. Year-over-year, two-bedroom rents have increased 14.1%. Month-over-month, the change is +10.5%.
The upward trajectory in Fredericton suggests ongoing demand pressure. Property managers may have room to adjust asking rents upward, though competitive pricing remains important for faster lease-up.
What This Means for Property Managers in Fredericton
Pricing Guidance
Based on current data, the median two-bedroom asking rent in Fredericton is $1,712 per month. One-bedroom units are asking $1,500, and three-bedroom units list at $2,100. With two-bedroom rents up 14.1% year-over-year, the data suggests pricing power remains with landlords. When pricing by property type: condo units have a median two-bedroom rent of $1,650; house units have a median two-bedroom rent of $2,220; Property managers should benchmark their asking rents against these figures and adjust based on unit condition, location, and amenities.
Lease Renewal Strategy
With year-over-year rental growth of 14.1%, property managers in Fredericton have data-backed justification for moderate rent increases on renewals. Retaining quality tenants at a slightly below-market increase can reduce turnover costs while still capturing upside.
Market Outlook
Based on current trends, Fredericton's rental market is on an upward trajectory. The most recent month-over-month movement of +10.5% provides a near-term signal for pricing direction. This is data-informed analysis based on listing trends and should not be treated as a guarantee of future market conditions. Property managers may want to monitor Door Insight's monthly updates for the latest figures.
About This Report
Data Sources
This Fredericton rental market report is based on active and recently listed rental units analysed across major Canadian listing platforms during May 2026. Data is aggregated from listings across Canada and refreshed monthly.
Methodology
Both median and average rents are provided for each bedroom count. The median is used as the primary measure because it is less affected by extreme values at either end of the price range. All figures reflect asking rents (listed prices), which may differ from final lease prices negotiated between landlord and tenant.
Data Confidence
Neighbourhoods and property types with smaller sample sizes may be less representative of actual market conditions. Where sample sizes are shown, they can be used to gauge the reliability of that data point.
Update Schedule
This report is updated monthly. The next update is expected in July 2026.
Frequently Asked Questions About Renting in Fredericton
- What is the average rent in Fredericton?
- The median rent for a two-bedroom unit in Fredericton is $1,712 per month. The average rent for a two-bedroom is $1,771 per month. One-bedroom units have a median asking rent of $1,500. Three-bedroom units have a median asking rent of $2,100. These figures are based on current listing data analysed by Door Insight.
- How much should I charge for a 2-bedroom rental in Fredericton?
- The median two-bedroom rental rate in Fredericton is $1,712 per month across all property types. By type: Condo at $1,650, House at $2,220. For a property-specific estimate based on exact address, unit size, and features, use Door Insight's Rent Estimator tool.
- Is rent going up or down in Fredericton?
- Fredericton rents are rising. The median two-bedroom asking rent has changed 14.1% year-over-year. Month-over-month, two-bedroom rents moved 10.5%. This data reflects current listing prices analysed by Door Insight.
- What is the vacancy rate in Fredericton?
- Vacancy rate data for Fredericton is updated periodically on Door Insight. Check back for the latest figures on rental vacancy in the Fredericton market.
- Which Fredericton neighbourhood has the highest rent?
- Neighbourhood-level rent data for Fredericton is available through Door Insight's Market Rent Pro platform. Premium neighbourhoods typically command the highest asking rents in the city.
- Which Fredericton neighbourhood has the lowest rent?
- For a detailed neighbourhood breakdown of Fredericton rental rates, including the most affordable areas, explore Door Insight's neighbourhood data tools.
- How do Fredericton rents compare to other New Brunswick cities?
- Fredericton two-bedroom median rents have increased 14.1% year-over-year. For direct comparisons to other New Brunswick cities, see the city comparison section on this page or explore individual city reports on Door Insight.
Get a Rent Estimate for Your Property
The city-level data on this page provides a market overview for Fredericton. For a property-specific estimate based on exact address, unit size, and features, try Door Insight's Rent Estimator.
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