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Rental Market Trends in Nanaimo, BC

What is the average rent in Nanaimo, BC?

$1,764/month

Average Rent

596 Sq Ft

Average Apartment Size

+2%

Increase in the Last Year

As of April 2026, the average rent in Nanaimo, BC was $1,764/month. When you rent an apartment in Nanaimo, you can expect to pay as little as $1,475 to as much as $2,349, depending on the location and size of the apartment.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,475/month
381 Sq Ft
One Bedroom
$1,764/month
596 Sq Ft
Two Bedroom
$2,214/month
890 Sq Ft
Three Bedroom
$2,349/month
1,029 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,573/month
165 Sq Ft
Two Bedroom
$1,956/month
628 Sq Ft
Three Bedroom
$2,550/month
1,065 Sq Ft

How much has average rent changed in Nanaimo, BC?

In the past year, rent has increased by 2%, which averages out to $35 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Nanaimo, BC
Last Updated April 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Nanaimo, BC
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
11% $1,001 - $1,500/month
47% $1,501 - $2,000/month
42% Above $2,000/month

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

Because the average rent in Nanaimo is $1,764, you’ll want to make about $5,880 per month or $70,560 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

Nanaimo, BC

181 Available Apartments for Rent

Search for Nearby Apartments

How does Nanaimo, BC compare to other nearby cities and neighborhoods?

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

Explore the Area Guide for Nanaimo, BC

Apartment Averages

Apartment communities in Nanaimo we think you'll love

BlueStone

BlueStone

6035 Linley Valley Dr,
Nanaimo, BC V9T 5N9

$1,979 - $2,336

1-2 Beds

Summerhill Place

Summerhill Place

1820 Summerhill Pl,
Nanaimo, BC V9S 0C3

$1,795 - $1,975

Studio - 2 Beds

Rutherford Place Apartments

Rutherford Place Apartments

6020-6040 Linley Valley Dr,
Nanaimo, BC V9T 0N8

$1,690 - $3,395

Studio - 3 Beds

North Point Apartments

North Point Apartments

6971-6985 Island Highway N,
Nanaimo, BC V9V 0B6

$1,815 - $2,260

1-2 Beds

Canada British Columbia Nanaimo 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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