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Rental Market Trends in Vancouver, BC

What is the average rent in Vancouver, BC?

C$2,300/month

Average Rent

542 Sq Ft

Average Apartment Size

-0.8%

Decrease in the Last Year

As of June 2025, the average rent in Vancouver, BC was C$2,300/month. When you rent an apartment in Vancouver, you can expect to pay as little as C$1,972 to as much as C$4,140, depending on the location and size of the apartment.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
C$1,972/month
414 Sq Ft
One Bedroom
C$2,300/month
542 Sq Ft
Two Bedroom
C$3,199/month
768 Sq Ft
Three Bedroom
C$4,140/month
1,134 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
C$2,461/month
89 Sq Ft
Two Bedroom
C$4,584/month
63 Sq Ft
Three Bedroom
C$7,047/month
74 Sq Ft
Four Bedroom
C$10,051/month
242 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
C$3,062/month
598 Sq Ft
Two Bedroom
C$3,676/month
944 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
C$3,118/month
501 Sq Ft
Two Bedroom
C$3,759/month
728 Sq Ft
Three Bedroom
C$3,727/month
949 Sq Ft

How much has average rent changed in Vancouver, BC?

In the past year, rent has decreased by 0.8%, which averages out to C$19 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Vancouver, BC
Last Updated June 2025
Above C$2,000
Most rental prices fall within this range
Rent Ranges in Vancouver, BC
Percentage*
Rent Range
0% Below C$700/month
0% C$700 - C$1,000/month
10% C$1,001 - C$1,500/month
21% C$1,501 - C$2,000/month
69% Above C$2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Vancouver?

Based on current rent prices, Marpole , Kerrisdale and Kensington-Cedar Cottage are the most affordable neighborhoods in Vancouver.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Marpole
C$2,234/month
538 Sq Ft
Kerrisdale
C$2,503/month
723 Sq Ft
Kensington-Cedar Cottage
C$2,570/month
563 Sq Ft
Killarney
C$2,754/month
1,060 Sq Ft
Renfrew-Collingwood
C$2,767/month
1,046 Sq Ft
West End
C$2,771/month
534 Sq Ft
Shaughnessy
C$2,854/month
527 Sq Ft
Arbutus Ridge
C$2,886/month
560 Sq Ft
Riley Park
C$2,906/month
578 Sq Ft
Mount Pleasant
C$3,085/month
604 Sq Ft

What are the most expensive neighborhoods in Vancouver?

Based on current rent prices, Oakridge , Strathcona and Kitsilano are the most expensive neighborhoods in Vancouver.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Oakridge
C$13,932/month
644 Sq Ft
Strathcona
C$3,494/month
590 Sq Ft
Kitsilano
C$3,269/month
584 Sq Ft
Downtown Vancouver
C$3,218/month
533 Sq Ft
Fairview
C$3,163/month
578 Sq Ft
Mount Pleasant
C$3,085/month
604 Sq Ft
Riley Park
C$2,906/month
578 Sq Ft
Arbutus Ridge
C$2,886/month
560 Sq Ft
Shaughnessy
C$2,854/month
527 Sq Ft
West End
C$2,771/month
534 Sq Ft

Which Vancouver neighborhoods have the most rentals available?

The neighborhoods in Vancouver with the most apartments available are Downtown Vancouver, West End and Shaughnessy .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Vancouver
C$3,218/month
533 Sq Ft
West End
C$2,771/month
534 Sq Ft
Shaughnessy
C$2,854/month
527 Sq Ft
Arbutus Ridge
C$2,886/month
560 Sq Ft
Kitsilano
C$3,269/month
584 Sq Ft
Marpole
C$2,234/month
538 Sq Ft
Mount Pleasant
C$3,085/month
604 Sq Ft
Fairview
C$3,163/month
578 Sq Ft
Strathcona
C$3,494/month
590 Sq Ft
Kerrisdale
C$2,503/month
723 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Vancouver is C$2,300, you’ll want to make about C$7,666 per month or C$91,992 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

Vancouver, BC

1,472 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Vancouver, 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 Vancouver, BC

Apartment Averages

Marpole

Vancouver, BC

Oakridge

Vancouver, BC

Studio
C$1,751/month
C$1,506/month
One Bedroom
C$1,909/month
C$2,173/month
Two Bedroom
C$2,541/month
C$2,733/month
Three Bedroom
C$4,217/month
C$4,466/month
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Nearby City Rent Trends

  • North Vancouver Average Rent
  • Richmond Average Rent
  • West Vancouver Average Rent
  • Burnaby Average Rent
  • North Vancouver District Average Rent
  • New Westminster Average Rent
  • Delta Average Rent
  • Port Moody Average Rent

Apartment communities in Vancouver we think you'll love

8675 French

8675 French

8675 French St,
Vancouver, BC V6P 4W5

Studio - 2 Beds | C$1,899 - C$2,749

1770 Pendrell

1770 Pendrell

1770 Pendrell St,
Vancouver, BC V6G 0C5

1-3 Beds | C$2,675 - C$4,920

1326 West 13th

1326 West 13th

1326 W 13th Ave,
Vancouver, BC V6H 1N8

1 Bed | C$2,449 - C$2,649

Landis Residences

Landis Residences

1200 Hornby St,
Vancouver, BC V6Z 1W2

2 Beds | C$3,875 - C$4,100

Canada British Columbia Vancouver 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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