Elevation Residences
2043 Old Dollarton Rd,
North Vancouver, BC V7H 1A6
1-3 Beds | $2,750 - $6,040
Rental Market Trends in North Vancouver, BC
Updated July 2026
The average rent in North Vancouver, BC is $2,418/month.
$2,418/month
Average Rent
570 Sq Ft
Average Size
-1.4%
Change / Year
443
Available Apartments
North Vancouver rent varies by unit size and layout:
- Studio apartments in North Vancouver average $2,391 per month.
- One-bedroom apartments in North Vancouver average $2,418 per month.
- Two-bedroom apartments in North Vancouver average $3,309 per month.
- Three-bedroom apartments in North Vancouver average $4,251 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in North Vancouver, BC?
In the past year, rent has decreased by 1.4%, which averages out to $32 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in North Vancouver, BC
July 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
2%
$1,501 - $2,000/month
98%
Above $2,000/month
Rent by Neighbourhood
What are the most affordable neighbourhoods in North Vancouver?
Based on current rent prices, North Vancouver is the most affordable neighbourhood in North Vancouver.
Neighbourhood
Average Rent
Average Sq Ft
What are the most expensive neighbourhoods in North Vancouver?
Based on current rent prices, North Vancouver is the most expensive neighbourhood in North Vancouver.
Neighbourhood
Average Rent
Average Sq Ft
Which North Vancouver neighbourhoods have the most rentals available?
The neighbourhood in North Vancouver with the most apartments available is North Vancouver .
Neighbourhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in North Vancouver, BC?
Because the average rent in North Vancouver is $2,418, you’ll want to make about $8,060 per month or $96,720 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 North Vancouver, BC compare to other nearby cities and neighbourhoods?
Use the tool below to compare North Vancouver, 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.
View the North Vancouver Area GuideStudio
$2,464/month
$2,464/month
One Bedroom
$2,429/month
$2,429/month
Two Bedroom
$3,209/month
$3,209/month
Three Bedroom
$3,966/month
$3,966/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in North Vancouver We Think You'll Love
Frequently Asked Questions
What is the average rent in North Vancouver?
The average rent in North Vancouver is $2,418 per month, which is 37.0% higher than the national average of $1,765.
Are rents going up or down in North Vancouver?
Rents in North Vancouver, BC are decreasing, with prices down 1.4% year-over-year and $32 less per month.
What rent range is most common in North Vancouver?
In North Vancouver, BC, 98% 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.