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Rental Market Trends in British Columbia

Updated September 2026

$2,008/month

Average Rent

-1.7%

Decrease in the Last Year

-$35

Average Price Decrease

Ranked 1st

Most Expensive Rent by Province

6,954

Available Rentals

Fort St John, BC

City with the Lowest Rent

What is the average rent in British Columbia?

As of September 2026, the average rent in British Columbia is $2,008/month. When you rent an apartment in British Columbia, you can expect some variability depending on the region. For instance, metropolitan areas may have higher rents than smaller towns and rural areas. In general, you can expect to pay about $1,923 per month for a studio, $2,008 for a one-bedroom apartment, and around $2,515 for a two-bedroom apartment in British Columbia. If you opt for a three-bedroom rental, you could pay $3,166 or more.

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,923/month
424 Sq Ft
One Bedroom
$2,008/month
547 Sq Ft
Two Bedroom
$2,515/month
779 Sq Ft
Three Bedroom
$3,166/month
1,055 Sq Ft

Rent by City

  • Most Affordable
  • Most Expensive

What are the most affordable cities in British Columbia?

Based on current rent prices, the cheapest cities in British Columbia to live are Fort St John, Prince George and Chilliwack.

Calculate Rent Affordability
City
Average Rent
Average Sq Ft
Fort St John
$1,164/month
372 Sq Ft
Prince George
$1,400/month
492 Sq Ft
Chilliwack
$1,458/month
559 Sq Ft
White Rock
$1,526/month
636 Sq Ft
Abbotsford
$1,536/month
612 Sq Ft
Penticton
$1,541/month
505 Sq Ft
Kamloops
$1,619/month
578 Sq Ft
Maple Ridge
$1,636/month
466 Sq Ft
Pitt Meadows
$1,693/month
700 Sq Ft
Surrey
$1,702/month
592 Sq Ft

What are the most expensive cities in British Columbia?

Based on current rent prices, the most expensive cities in British Columbia to live are West Vancouver, North Vancouver and North Vancouver District.

Calculate Rent Affordability
City
Average Rent
Average Sq Ft
West Vancouver
$2,439/month
652 Sq Ft
North Vancouver
$2,418/month
569 Sq Ft
North Vancouver District
$2,282/month
578 Sq Ft
Squamish
$2,270/month
616 Sq Ft
Vancouver
$2,268/month
524 Sq Ft
Langley Twp
$2,153/month
801 Sq Ft
Coquitlam
$2,023/month
543 Sq Ft
Langford
$2,001/month
533 Sq Ft
Victoria
$1,991/month
587 Sq Ft
Richmond
$1,967/month
632 Sq Ft
This information is based on data collected by CoStar Group researchers.†

Province

British Columbia

6,954 Available Apartments for Rent

Search for Nearby Apartments

Nearby Province Markets


Alberta
$1,458/mo. avg.
-1.1% YOY
Alberta
Canada Rent Trends British Columbia

Methodology

† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.


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Equal Housing Opportunity