Dieppe vs Moncton Rental Property: Where Should You Invest?

You've got money to put into a rental property in Greater Moncton, and the same question keeps coming back: Dieppe vs Moncton rental property, which one is the smarter buy? Both sit side by side, share an airport and a labour market, and attract many of the same tenants and guests. But they behave differently for owners, and the right answer depends on whether you plan to rent long-term or run an Airbnb.

Short answer: Moncton gives you more guest demand in the core (downtown, the universities, the hospital, event weekends), while Dieppe offers newer housing stock, a fast-growing resident base and a quieter, family-oriented tenant pool. The published Airbnb data for the two cities is surprisingly close on average revenue, and surprisingly inconsistent between data providers. Below we break down what the numbers say, where they can't be trusted, and how to choose.

Dieppe vs Moncton Rental Property: The Quick Comparison

Before the detail, here is how the two cities compare for an owner. This is a summary of the sections that follow, not a verdict for every property.

• Population and growth: Dieppe has grown from roughly 28,100 residents in 2021 to nearly 35,400 by 2024, according to the City of Dieppe's own estimate. The wider Moncton–Dieppe–Riverview metro grew 5.1% between mid-2023 and mid-2024, the second-fastest rate of any metro in Canada, according to Statistics Canada.
• Long-term tenants: Dieppe leans toward working professionals and families tied to the airport, logistics employers and CF Champlain Place. Moncton adds students, hospital staff and downtown renters.
• Short-term guests: Moncton has the larger and more varied guest base. Dieppe's guests are mostly business travellers, airport-adjacent stays, shoppers and visiting family.
• Price of entry: Dieppe tends to be newer construction and Moncton includes older homes, duplexes and condos. Check current listings and assessments yourself, as prices move quickly.
• Regulation: neither city currently has a dedicated short-term rental licensing bylaw, but rules can change, so always confirm with the municipality.

Long-Term Rental Demand in Dieppe and Moncton

For a conventional lease, the two cities share one rental market. Our own Moncton market summary points to a 3.8% vacancy rate in the Moncton census metropolitan area in October 2025, based on CMHC's annual rental market survey. That is higher than the near-zero vacancy owners saw a few years ago, which means a well-priced, well-presented unit leases quickly, but an overpriced or tired one can sit. CMHC publishes its data by zone, so check the latest Rental Market Report on cmhc-schl.gc.ca for the neighbourhood you are considering rather than relying on a single metro number.

Why Dieppe appeals to long-term landlords

Dieppe's growth is driven by employment: the Greater Moncton Roméo LeBlanc International Airport sits inside city limits, and the surrounding warehousing, distribution and professional-services sectors keep drawing working households. Dieppe is also majority French-speaking, so a bilingual landlord or manager is an advantage when advertising and communicating with tenants. Neighbourhoods such as Dieppe Centre, Fox Creek and the Champlain Street corridor each attract slightly different renters, from young professionals near the core to families who want newer homes.

Why Moncton appeals to long-term landlords

Moncton gives you a deeper and more varied tenant pool. Downtown condos and apartments suit professionals and hospital staff, while older neighbourhoods have duplexes and small multi-unit buildings that cash-flow differently from a newer Dieppe townhouse. The trade-off is that older buildings usually mean more maintenance planning. If you are comparing management fees for either city, our guide to property management costs in Moncton explains the typical ranges, and our Moncton property management and Dieppe property management pages describe what full-service management covers.

Airbnb Income: Dieppe vs Moncton

This is where owners get confused, because different data providers report very different figures for the same city. Here is what each says. Treat all of them as market averages, not a promise for your property.

Moncton

According to AirROI's data for July 2025 to June 2026, the average Moncton Airbnb listing earned about CA$13,072 a year at an average nightly rate of CA$134 and 39.4% occupancy, across roughly 418 active listings. AirDNA's June 2026 figures, which include Vrbo and Booking.com listings, show a lower average of about CA$8,400 a year at 54% occupancy and a CA$99 daily rate across about 955 listings. We go through those numbers in more depth in our guide on how much an Airbnb can make in Moncton.

Dieppe

For Dieppe, AirROI's data for June 2025 to May 2026 shows about 115 active listings earning an average of CA$12,916 a year, at a CA$115 nightly rate and 41.8% occupancy. Airbtics, which measured September 2024 to August 2025, reported a much higher average of roughly CA$31,000, with 69% occupancy and a CA$127 daily rate, across 97 active listings as of October 2025.

What the gap tells you

A spread from about CA$13,000 to CA$31,000 for the same city is too wide to ignore. It most likely reflects what each provider counts: some include part-time listings and spare rooms, others weight toward whole homes that are booked heavily. The practical lesson is that the average listing is a poor guide. A professionally run, whole-home or entire-suite rental in a good location will typically sit well above a dataset that includes occasional hosts.

On the AirROI numbers, Dieppe and Moncton earn within a few hundred dollars of each other per listing, but Moncton's nightly rate is higher and Dieppe has far fewer competing listings. A smaller market means less competition for the guests who do come, but also fewer guests overall, so a single bad month shows up more clearly in your results.

Who Books Each City

Moncton guest demand

Moncton's demand comes from many directions: concert and sports weekends at the Avenir Centre, hospital stays and medical rotations, university visitors, tourism around Magnetic Hill and the Hopewell Rocks, and business travel. That mix helps smooth out the calendar and supports both nightly and mid-term stays, such as travel nurses. See our Moncton vacation rentals page for how we approach that market.

Dieppe guest demand

Dieppe's guests tend to be travellers who want to be near the airport, CF Champlain Place and the Fox Creek area, along with families visiting relatives and contract workers. It is a steady but more limited market than downtown Moncton. If you own in Dieppe, a whole-home rental with free parking and room for a family often fits better than a small studio. Details on how we handle that are on our Dieppe vacation rentals page.

Rules and Costs to Check in Each City

New Brunswick has no province-wide short-term rental licensing framework, so rules are set municipality by municipality. At the time of writing, Fredericton is the only New Brunswick municipality with a specific short-term rental bylaw on the books, and Moncton and Dieppe have not adopted a local STR licence. Moncton council has discussed a framework in the past but, according to Global News reporting from 2024, tabled it while waiting for a provincial review.

That can change. Before buying, confirm the following directly with the City of Moncton or the City of Dieppe:

• Whether your zoning permits short-term rentals, and whether any permit or registration is now required.
• Whether an accommodation levy applies. Dieppe has a tourism accommodation levy bylaw, and our reading is that it targets larger properties, but confirm how it applies to a single unit.
• Condo bylaws or association rules, which can ban short-term rentals regardless of what the city allows.
• Your insurance: a standard home policy often excludes short-term rental activity.
• Your tax position: rental income is taxable, and HST may apply on short stays. Confirm with the Canada Revenue Agency or an accountant.

Which One Should You Choose?

There is no universal winner, but a few rules of thumb help.

• Choose Dieppe if you want newer housing, a growing and stable resident population, and a family-friendly long-term rental, or a whole-home short-term rental aimed at airport and family traffic.
• Choose Moncton if you want the widest guest mix, event-driven demand spikes, access to mid-term medical and student tenants, or a downtown condo with flexible use.
• Choose by property, not by city. A well-located, well-furnished unit in either city will outperform a mediocre one in the other.
• Split your risk. Some owners hold one long-term rental in Dieppe and one furnished short-term unit in Moncton.

If you are still weighing nightly stays against a regular lease, read our comparison of self-managing an Airbnb versus hiring a management company before you commit.

Get a Local Estimate Before You Buy

Averages only go so far. Use our rental income calculator to estimate what a specific property could earn, or request a free consultation through the owner questionnaire and we'll walk through both cities with you. Our short-term rental management services page explains what is included once you own.