707 Esquimalt Rd
707 Esquimalt Rd,
Victoria, BC V9A 3L7
1-2 Beds | $2,262 - $3,099
Rental Market Trends in Esquimalt, BC
Updated August 2026
The average rent in Esquimalt, BC is $1,934/month.
$1,934/month
Average Rent
591 Sq Ft
Average Size
-2.1%
Change / Year
143
Available Apartments
Esquimalt rent varies by unit size and layout:
- Studio apartments in Esquimalt average $1,651 per month.
- One-bedroom apartments in Esquimalt average $1,934 per month.
- Two-bedroom apartments in Esquimalt average $2,429 per month.
- Three-bedroom apartments in Esquimalt average $3,215 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Esquimalt, BC?
In the past year, rent has decreased by 2.1%, which averages out to $39 less per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Esquimalt, BC
August 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
6%
$1,001 - $1,500/month
38%
$1,501 - $2,000/month
56%
Above $2,000/month
What salary do I need to live comfortably in Esquimalt, BC?
Because the average rent in Esquimalt is $1,934, you’ll want to make about $6,446 per month or $77,352 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.
How does Esquimalt, BC compare to other nearby cities and neighbourhoods?
Use the tool below to compare Esquimalt, 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.
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Victoria
Avg Rent: $2,013/month
-
Colwood
Avg Rent: $1,620/month
-
View Royal
Avg Rent: $2,040/month
-
Saanich
Avg Rent: $1,949/month
-
Langford
Avg Rent: $2,019/month
-
Saanichton
Avg Rent: $2,139/month
Apartment Communities in Esquimalt We Think You'll Love
Frequently Asked Questions
What is the average rent in Esquimalt?
The average rent in Esquimalt is $1,934 per month, which is 9.8% higher than the national average of $1,762.
Are rents going up or down in Esquimalt?
Rents in Esquimalt, BC are decreasing, with prices down 2.1% year-over-year and $39 less per month.
What rent range is most common in Esquimalt?
In Esquimalt, BC, 56% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
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.