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Rental Market Trends in Vancouver, BC

What is the average rent in Vancouver, BC?

C$2,306/month

Average Rent

541 Sq Ft

Average Apartment Size

-0.6%

Decrease in the Last Year

As of July 2025, the average rent in Vancouver, BC was C$2,306/month. When you rent an apartment in Vancouver, you can expect to pay as little as C$1,975 to as much as C$4,147, depending on the location and size of the apartment.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
C$1,975/month
417 Sq Ft
One Bedroom
C$2,306/month
541 Sq Ft
Two Bedroom
C$3,232/month
776 Sq Ft
Three Bedroom
C$4,147/month
1,151 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
C$2,743/month
78 Sq Ft
Two Bedroom
C$4,441/month
98 Sq Ft
Three Bedroom
C$5,793/month
128 Sq Ft
Four Bedroom
C$6,286/month
439 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
C$2,711/month
589 Sq Ft
Two Bedroom
C$3,267/month
837 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
C$3,060/month
503 Sq Ft
Two Bedroom
C$3,638/month
707 Sq Ft
Three Bedroom
C$4,561/month
1,015 Sq Ft

How much has average rent changed in Vancouver, BC?

In the past year, rent has decreased by 0.6%, which averages out to C$14 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 July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Vancouver, BC
Last Updated July 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 , Hastings-Sunrise and Kerrisdale are the most affordable neighborhoods in Vancouver.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Marpole
C$2,208/month
561 Sq Ft
Hastings-Sunrise
C$2,358/month
599 Sq Ft
Kerrisdale
C$2,381/month
797 Sq Ft
Kensington-Cedar Cottage
C$2,661/month
507 Sq Ft
Grandview-Woodland
C$2,681/month
504 Sq Ft
West End
C$2,690/month
543 Sq Ft
Shaughnessy
C$2,848/month
532 Sq Ft
Arbutus Ridge
C$2,882/month
579 Sq Ft
Fairview
C$2,924/month
545 Sq Ft
Riley Park
C$3,169/month
612 Sq Ft

What are the most expensive neighborhoods in Vancouver?

Based on current rent prices, Oakridge , Mount Pleasant and Downtown Vancouver are the most expensive neighborhoods in Vancouver.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Oakridge
C$10,488/month
703 Sq Ft
Mount Pleasant
C$3,777/month
655 Sq Ft
Downtown Vancouver
C$3,728/month
540 Sq Ft
Strathcona
C$3,375/month
613 Sq Ft
Kitsilano
C$3,307/month
602 Sq Ft
Riley Park
C$3,169/month
612 Sq Ft
Fairview
C$2,924/month
545 Sq Ft
Arbutus Ridge
C$2,882/month
579 Sq Ft
Shaughnessy
C$2,848/month
532 Sq Ft
West End
C$2,690/month
543 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 Fairview .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Vancouver
C$3,728/month
540 Sq Ft
West End
C$2,690/month
543 Sq Ft
Fairview
C$2,924/month
545 Sq Ft
Arbutus Ridge
C$2,882/month
579 Sq Ft
Shaughnessy
C$2,848/month
532 Sq Ft
Kensington-Cedar Cottage
C$2,661/month
507 Sq Ft
Mount Pleasant
C$3,777/month
655 Sq Ft
Grandview-Woodland
C$2,681/month
504 Sq Ft
Strathcona
C$3,375/month
613 Sq Ft
Marpole
C$2,208/month
561 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$2,306, you’ll want to make about C$7,686 per month or C$92,232 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

1,676 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$1,736/month
C$1,507/month
One Bedroom
C$1,915/month
C$2,169/month
Two Bedroom
C$2,540/month
C$2,797/month
Three Bedroom
C$4,216/month
C$4,086/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

1326 West 13th

1326 West 13th

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

1 Bed | C$2,189 - C$2,399

Eastward

Eastward

1881 11th Av,
Vancouver, BC V5N 0K7

Studio - 3 Beds | C$2,258 - C$5,008

Landis Residences

Landis Residences

1200 Hornby St,
Vancouver, BC V6Z 1W2

2 Beds | C$4,200 - C$5,014

Revolve

Revolve

3572 Glen Dr,
Vancouver, BC V5V 0J6

Studio - 3 Beds | C$2,095 - C$5,000

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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