Rental market highlights
Truro’s rental market is competitive, with a vacancy rate of just 0.9%.
The area is becoming more popular, with even less rentals available.
Sample of average apartment rents and vacancy rates in Truro
Average monthly rent
Bachelor:
$674
One bedroom:
$885
Two bedroom:
$1,105
3+ bedroom:
$1,337
Vacancy rate
Bachelor:
0.0%
One bedroom:
1.4%
Two bedroom:
0.7%
3+ bedroom:
**
** data not available 
CMHC report based on October 2024 data. The Truro area is not broken into zones/neighbourhoods but includes Truro and many surrounding communities. 
Some factors to consider
Rents will vary depending on the apartment location, age, and condition.
It is generally more expensive to live in locations close to Ä¢¹½AV Campuses than elsewhere in the Halifax Regional Municipality or Town of Truro.
There is no public transportation in Truro/Bible Hill.
Creating a budget
When creating a budget, consider the following:
- Upfront,Ìýyou will have to pay a security deposit (equal to a half a month's rent),Ìý³Ù±ð²Ô²¹²Ô³Ù'²õ i²Ô²õ³Ü°ù²¹²Ô³¦±ð and the first month's rent.
- Continuously,Ìýyou will be paying:
- Rent
- Utilities (internet, power, phone bills)
Budgeting resources
Utilities
Check with your landlord, if you’re not sure which utilities are included in your rent. If you do have to arrange for your own utilities or services, many providers offer special packages or information for students.
Electricity
Set up an account 7-10 days in advance
³Õ¾±²õ¾±³ÙÌýÂ for more information on setting up an account.Â
Telephone, internet and television
Multiple providers available:Â ,Ìý,ÌýÂ (internet only)
Pricing available for individual services or in bundles
Average/approximate costs
Electricity/home heating
$100-$150/month (varies based on consumption and method of heat)
Basic smart phone (plan only)
$55-60/³¾´Ç²Ô³Ù³ó 
±á¾±²µ³óÌý²õ±è±ð±ð»åÌý¾±²Ô³Ù±ð°ù²Ô±ð³Ù
$80-110/month
Keep in mind that hooking up services, such as electricity, will involve a one-time connection fee. Costs are provided as estimates only.
¶Ù¾±²õ³¦±ô²¹¾±³¾±ð°ù:ÌýThird-party service providers and their associated properties, products or services are not affiliated with Ä¢¹½AV Off-Campus Housing. They are intended as a resource only, and Ä¢¹½AV cannot and does not guarantee the accuracy, adequacy, or completeness of the content or information contained under the links. Risk of loss arising out of use is solely the responsibility of the user.
