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Apartment Rental in Prince Edward Island

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS PE53111CA

Apartment Rental in Prince Edward Island industry analysis

Revenue for the Apartment Rental industry in Prince Edward Island is expected to grow an annualized x.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% 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% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x million, 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 xx workers during the outlook period, while industry wages likely decrease -x% to $x.x million.

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About the Apartment Rental in Prince Edward Island Market Research Report

What’s Included in the Apartment Rental in Prince Edward Island Market Research Report

Definition of the Apartment Rental in Prince Edward Island?

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 Prince Edward Island?

The Apartment Rental in Prince Edward Island includes two-bedroom apartments, one-bedroom apartments, apartments with three or more bedrooms and studio apartments. Related terms covered in the Apartment Rental in Prince Edward Island 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 Prince Edward Island

Benchmark the Apartment Rental in Prince Edward Island industry performance with all PE Census Metropolitan Area and national performance.

Apartment Rental in Prince Edward Island

#10 in Highest Revenue 0.3% 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 Prince Edward Island

See how key industry drivers, such as median houshold income, net migration, newly issued building permits, per capita disposable income, residential renovation expenditure and urban population are impacting Apartment Rental in Prince Edward Island

Prince Edward Island Economic Indicators

Median Houshold Income
Net Migration
Newly issued building permits

View more economic information in PE 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 Prince Edward Island

Access proprietary data on Census Metropolitan Area in the Apartment Rental in Prince Edward Island, such as Charlottetown and Summerside. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Apartment Rental industry in Prince Edward Island

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 Prince Edward Island in 2025?

The market size of the Apartment Rental industry in Prince Edward Island is $213.9m in 2025.

How many businesses are there in the Apartment Rental industry in Prince Edward Island in 2025?

There are 1,937 businesses in the Apartment Rental industry in Prince Edward Island, which has been growing at an average annual rate of 6.0% from 2020 to 2025.

Has the Apartment Rental industry in Prince Edward Island grown or declined over the past 5 years?

The market size of the Apartment Rental industry in Prince Edward Island has been growing at an average annual rate of 5.3% from 2020 to 2025.

How many employees in the Apartment Rental industry in Prince Edward Island in 2025?

There are 101 employees in the Apartment Rental industry in Prince Edward Island, which has been growing at an average annual rate of 1.9% from 2020 to 2025.