University Heights
3980 Shelbourne St,
Victoria, BC V8N 6J1
Studio - 3 Beds | $2,026 - $2,096
Rental Market Trends in Saanich, BC
Updated August 2026
The average rent in Saanich, BC is $1,924/month.
$1,924/month
Average Rent
475 Sq Ft
Average Size
-0.6%
Change / Year
478
Available Apartments
Saanich rent varies by unit size and layout:
- Studio apartments in Saanich average $1,448 per month.
- One-bedroom apartments in Saanich average $1,924 per month.
- Two-bedroom apartments in Saanich average $2,261 per month.
- Three-bedroom apartments in Saanich average $2,906 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Saanich, BC?
In the past year, rent has decreased by 0.6%, which averages out to $11 less per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Saanich, BC
August 2026
$1,501 - $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
50%
$1,501 - $2,000/month
50%
Above $2,000/month
What salary do I need to live comfortably in Saanich, BC?
Because the average rent in Saanich is $1,924, you’ll want to make about $6,413 per month or $76,956 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 Saanich, BC compare to other nearby cities and neighbourhoods?
Use the tool below to compare Saanich, 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.
Apartment Communities in Saanich We Think You'll Love
Frequently Asked Questions
What is the average rent in Saanich?
The average rent in Saanich is $1,924 per month, which is 9.0% higher than the national average of $1,765.
Are rents going up or down in Saanich?
Rents in Saanich, BC are decreasing, with prices down 0.6% year-over-year and $11 less per month.
What rent range is most common in Saanich?
In Saanich, BC, 50% of apartments fall between $1,501 - $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.