Kelowna's vacancy rate for rentals has continued to decrease, and now sits at 0.2 percent.
That's according to the latest numbers from the Canada Mortgage and Housing Corporation, which say that a healthy vacancy rate usually comes in at about 4 percent.
That compares to Vancouver at 0.9 percent, Toronto at 1 percent, and Montreal at nearly 3 percent.
Along with a decrease in vacancy rate, Kelowna saw the highest increase in average cost of rent, which now comes in at $1,043.
That represents an increase of 8.6 percent.
Vancouver's average rent is still highest at $1,552 dollars per month, with Toronto and Calgary coming in right behind.
If you want a cheap rate, move to Trois Rivieres in Quebec, where chances are good you can get a two bedroom for less than $600 a month.
Nationally, the rental supply increased by 1.2 percent, which is about half the rate of increase observed in 2016.