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Rental Market Trends in New Westminster, BC

What is the average rent in New Westminster, BC?

$1,973/month

Average Rent

564 Sq Ft

Average Apartment Size

-3%

Decrease in the Last Year

As of April 2026, the average rent in New Westminster, BC was $1,973/month. When you rent an apartment in New Westminster, you can expect to pay as little as $3,125 to as much as $3,238, depending on the location and size of the apartment.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$3,125/month
678 Sq Ft
One Bedroom
$1,973/month
564 Sq Ft
Two Bedroom
$2,555/month
684 Sq Ft
Three Bedroom
$3,238/month
858 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
$2,384/month
606 Sq Ft
Two Bedroom
$2,951/month
797 Sq Ft
Three Bedroom
$3,307/month
599 Sq Ft

How much has average rent changed in New Westminster, BC?

In the past year, rent has decreased by 3%, which averages out to $59 less 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 New Westminster, BC
Last Updated April 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in New Westminster, BC
Percentage*
Rent Range
0% Below $700/month
1% $700 - $1,000/month
7% $1,001 - $1,500/month
43% $1,501 - $2,000/month
49% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in New Westminster?

Based on current rent prices, New Westminster is the most affordable neighborhood in New Westminster.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
New Westminster
$2,099/month
607 Sq Ft

What are the most expensive neighborhoods in New Westminster?

Based on current rent prices, New Westminster is the most expensive neighborhood in New Westminster.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
New Westminster
$2,099/month
607 Sq Ft

Which New Westminster neighborhoods have the most rentals available?

The neighborhood in New Westminster with the most apartments available is New Westminster .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
New Westminster
$2,099/month
607 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in New Westminster is $1,973, you’ll want to make about $6,576 per month or $78,912 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

New Westminster, BC

398 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare New Westminster, 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 New Westminster, BC

Apartment Averages

New Westminster

New Westminster, BC

New Westminster

New Westminster, BC

Studio
$3,125/month
$3,125/month
One Bedroom
$1,973/month
$1,973/month
Two Bedroom
$2,555/month
$2,555/month
Three Bedroom
$3,238/month
$3,238/month
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Nearby City Rent Trends

  • Burnaby Average Rent
  • Port Coquitlam Average Rent
  • Port Moody Average Rent
  • Surrey Average Rent
  • Delta Average Rent
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  • North Vancouver Average Rent

Apartment communities in New Westminster we think you'll love

Uptown West

Uptown West

612 7th Av,
New Westminster, BC V3L 3C3

$1,835 - $3,830

Studio - 3 Beds

Skyline Towers

Skyline Towers

102-120 Agnes St,
New Westminster, BC V3L 5C8

$1,950 - $2,550

1-2 Beds

900 Carnarvon Street

900 Carnarvon Street

900 Carnarvon St,
New Westminster, BC V3M 1E9

$1,761 - $3,037

Studio - 2 Beds

Edmonds Heights

Edmonds Heights

7907 Edmonds St,
Burnaby, BC V3N 0J9

$2,050 - $4,300

Studio - 3 Beds

Canada British Columbia New Westminster 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