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Apartment Rental in Nova Scotia

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NS53111CA

Apartment Rental in Nova Scotia industry analysis

Revenue for the Apartment Rental industry in Nova Scotia is expected to decline an annualized -x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has increased an annualized x.x% to x,xxx locations over the past five years. Industry employment has increased an annualized x.x% to xxx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x billion, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to decline -x.x% to x,xxx locations over the next five years. Industry employment is expected to decrease an annualized -x.x% to xxx workers during the outlook period, while industry wages likely decrease -x% to $x.x million.

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About the Apartment Rental in Nova Scotia Market Research Report

What’s Included in the Apartment Rental in Nova Scotia Market Research Report

Definition of the Apartment Rental in Nova Scotia?

Operators in the Apartment Rental industry in Canada act as lessors of buildings that are used as residences or dwellings. Industry participants are owner-lessors of residential buildings and establishments that rent real estate and then act as lessors by subleasing it to others. In addition to apartment rentals, the industry also includes attached and detached houses and row houses.

What’s included in the Apartment Rental in Nova Scotia?

The Apartment Rental in Nova Scotia includes two-bedroom apartments, one-bedroom apartments, apartments with three or more bedrooms and studio apartments. Related terms covered in the Apartment Rental in Nova Scotia industry report includes another name for an apartment or home, the amount of unoccupied real rental units as a percentage of total available rental units and a legal entity that uses pooled investor capital to purchase and manage income property or mortgage loans. to qualify as an reit, the entity must distribute most of its pre-tax income.

Industry Performance of the Apartment Rental industry in Nova Scotia

Benchmark the Apartment Rental in Nova Scotia industry performance with all NS Census Metropolitan Area and national performance.

Apartment Rental in Nova Scotia

#7 in Highest Revenue 1.5% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Apartment Rental in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Apartment Rental industry in Nova Scotia

See how key industry drivers, such as population, median houshold income, private investment in non-residential construction, per capita disposable income, residential renovation expenditure and urban population are impacting Apartment Rental in Nova Scotia

Nova Scotia Economic Indicators

Population
Median Houshold Income
Private Investment in Non-Residential Construction

View more economic information in NS State Economic profile

Canada Key External Drivers

Per capita disposable income
Residential renovation expenditure
Urban population

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Apartment Rental industry in Nova Scotia

Access proprietary data on Census Metropolitan Area in the Apartment Rental in Nova Scotia, such as Halifax, Cape Breton and Truro. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Apartment Rental industry in Nova Scotia

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Apartment Rental industry in Nova Scotia in 2025?

The market size of the Apartment Rental industry in Nova Scotia is $993.7m in 2025.

How many businesses are there in the Apartment Rental industry in Nova Scotia in 2025?

There are 8,667 businesses in the Apartment Rental industry in Nova Scotia, which has been growing at an average annual rate of 4.3% from 2020 to 2025.

Has the Apartment Rental industry in Nova Scotia grown or declined over the past 5 years?

The market size of the Apartment Rental industry in Nova Scotia has been declining at an average annual rate of -6.0% from 2020 to 2025.

How many employees in the Apartment Rental industry in Nova Scotia in 2025?

There are 448 employees in the Apartment Rental industry in Nova Scotia, which has been growing at an average annual rate of 0.3% from 2020 to 2025.