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Rental Market Trends in Colwood, BC

Updated August 2026

The average rent in Colwood, BC is $1,606/month.

$1,606/month

Average Rent

230 Sq Ft

Average Size

+1.6%

Change / Year

174

Available Apartments

Colwood rent varies by unit size and layout:

  • Studio apartments in Colwood average per month.
  • One-bedroom apartments in Colwood average $1,606 per month.
  • Two-bedroom apartments in Colwood average $2,297 per month.
  • Three-bedroom apartments in Colwood average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,606/month
230 Sq Ft
Two Bedroom
$2,297/month
754 Sq Ft
View Colwood Apartments

How much has average rent changed in Colwood, BC?

In the past year, rent has increased by 1.6%, which averages out to $26 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Colwood, BC

August 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Colwood, BC
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
100% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Colwood, BC?

Because the average rent in Colwood is $1,606, you’ll want to make about $5,353 per month or $64,236 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Colwood, BC

174 Available Apartments for Rent

Search for Nearby Apartments

How does Colwood, BC compare to other nearby cities and neighbourhoods?

Use the tool below to compare Colwood, BC to other nearby cities and neighbourhoods. The Apartments.com neighbourhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Langford

    Langford

    Avg Rent: $2,019/month

  • Esquimalt

    Esquimalt

    Avg Rent: $1,916/month

  • View Royal

    View Royal

    Avg Rent: $2,040/month

  • Victoria

    Victoria

    Avg Rent: $2,013/month

  • Saanich

    Saanich

    Avg Rent: $1,949/month

  • Saanichton

    Saanichton

    Avg Rent: $2,139/month

Apartment Communities in Colwood We Think You'll Love

Woodland Place

Woodland Place

833-837 Hockley Av,
Langford, BC V9B 3X9

1-2 Beds | $2,238 - $2,750

728 Meaford Avenue

728 Meaford Avenue

728 Meaford Ave,
Langford, BC V9B 2P6

1-3 Beds | $1,890 - $3,149

2840 & 2850 Carlow Road

2840 & 2850 Carlow Road

2840-2850 Carlow Rd,
Victoria, BC V9B 4E3

1-2 Beds | $2,011 - $2,736

OVIS One

OVIS One

2826 Jacklin Rd,
Victoria, BC V9B 3X9

1-2 Beds | $2,025 - $2,888

Frequently Asked Questions

What is the average rent in Colwood?

The average rent in Colwood is $1,606 per month, which is 8.9% lower than the national average of $1,762.

Are rents going up or down in Colwood?

Rents in Colwood, BC are increasing, with prices up 1.6% year-over-year and $26 more per month.

What rent range is most common in Colwood?

In Colwood, BC, 100% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

Canada British Columbia Colwood Rental Trends

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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity