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Rental Market Trends in Vancouver, BC

What is the average rent in Vancouver, BC?

C$2,287/month

Average Rent

528 Sq Ft

Average Apartment Size

-0.7%

Decrease in the Last Year

As of December 2025, the average rent in Vancouver, BC was C$2,287/month. When you rent an apartment in Vancouver, you can expect to pay as little as C$1,955 to as much as C$4,047, depending on the location and size of the apartment.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
C$1,955/month
414 Sq Ft
One Bedroom
C$2,287/month
528 Sq Ft
Two Bedroom
C$3,226/month
772 Sq Ft
Three Bedroom
C$4,047/month
1,158 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
C$2,089/month
295 Sq Ft
Two Bedroom
C$3,431/month
495 Sq Ft
Three Bedroom
C$3,468/month
751 Sq Ft
Four Bedroom
C$7,172/month
319 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
C$2,688/month
560 Sq Ft
Two Bedroom
C$3,312/month
857 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
C$2,912/month
500 Sq Ft
Two Bedroom
C$3,698/month
639 Sq Ft
Three Bedroom
C$4,741/month
491 Sq Ft

How much has average rent changed in Vancouver, BC?

In the past year, rent has decreased by 0.7%, which averages out to C$16 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 December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Vancouver, BC
Last Updated December 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
1% C$700 - C$1,000/month
8% C$1,001 - C$1,500/month
22% 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, Renfrew-Collingwood , Marpole and Killarney are the most affordable neighborhoods in Vancouver.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Renfrew-Collingwood
C$2,146/month
888 Sq Ft
Marpole
C$2,146/month
586 Sq Ft
Killarney
C$2,232/month
1,005 Sq Ft
Hastings-Sunrise
C$2,264/month
571 Sq Ft
Oakridge
C$2,298/month
631 Sq Ft
Kerrisdale
C$2,338/month
565 Sq Ft
Kitsilano
C$2,389/month
577 Sq Ft
Kensington-Cedar Cottage
C$2,447/month
508 Sq Ft
Grandview-Woodland
C$2,487/month
483 Sq Ft
Riley Park
C$2,545/month
603 Sq Ft

What are the most expensive neighborhoods in Vancouver?

Based on current rent prices, Arbutus Ridge , Downtown Vancouver and Fairview are the most expensive neighborhoods in Vancouver.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Arbutus Ridge
C$3,175/month
811 Sq Ft
Downtown Vancouver
C$2,903/month
575 Sq Ft
Fairview
C$2,892/month
546 Sq Ft
Shaughnessy
C$2,670/month
547 Sq Ft
West End
C$2,587/month
551 Sq Ft
Mount Pleasant
C$2,585/month
574 Sq Ft
Strathcona
C$2,584/month
549 Sq Ft
Riley Park
C$2,545/month
603 Sq Ft
Grandview-Woodland
C$2,487/month
483 Sq Ft
Kensington-Cedar Cottage
C$2,447/month
508 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 Mount Pleasant .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Vancouver
C$2,903/month
575 Sq Ft
West End
C$2,587/month
551 Sq Ft
Mount Pleasant
C$2,585/month
574 Sq Ft
Strathcona
C$2,584/month
549 Sq Ft
Fairview
C$2,892/month
546 Sq Ft
Marpole
C$2,146/month
586 Sq Ft
Kensington-Cedar Cottage
C$2,447/month
508 Sq Ft
Shaughnessy
C$2,670/month
547 Sq Ft
Hastings-Sunrise
C$2,264/month
571 Sq Ft
Oakridge
C$2,298/month
631 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$2,287, you’ll want to make about C$7,623 per month or C$91,476 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

1,985 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

Renfrew-Collingwood

Vancouver, BC

Arbutus Ridge

Vancouver, BC

Studio
C$1,746/month
C$2,176/month
One Bedroom
C$2,157/month
C$2,766/month
Two Bedroom
C$2,740/month
C$3,906/month
Three Bedroom
C$3,800/month
C$4,662/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

C$1,859 - C$2,029

Studio - 1 Bed

1188 Bidwell St

1188 Bidwell St

1188 Bidwell St,
Vancouver, BC V6G 1W1

C$2,675 - C$3,800

1-2 Beds

West 6th Avenue

West 6th Avenue

2244 W 6th Ave,
Vancouver, BC V6K 1V8

C$2,199 - C$2,649

Studio - 1 Bed

1770 Pendrell

1770 Pendrell

1770 Pendrell St,
Vancouver, BC V6G 0C5

C$2,600 - C$4,795

1-3 Beds

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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