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Rental Market Trends in Vancouver, BC

What is the average rent in Vancouver, BC?

C$2,271/month

Average Rent

524 Sq Ft

Average Apartment Size

-1.3%

Decrease in the Last Year

As of January 2026, the average rent in Vancouver, BC was C$2,271/month. When you rent an apartment in Vancouver, you can expect to pay as little as C$1,941 to as much as C$4,005, depending on the location and size of the apartment.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
C$1,941/month
407 Sq Ft
One Bedroom
C$2,271/month
524 Sq Ft
Two Bedroom
C$3,208/month
767 Sq Ft
Three Bedroom
C$4,005/month
1,154 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
C$2,139/month
291 Sq Ft
Two Bedroom
C$3,709/month
669 Sq Ft
Three Bedroom
C$4,057/month
824 Sq Ft
Four Bedroom
C$6,998/month
358 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
C$2,466/month
594 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
C$2,933/month
512 Sq Ft
Two Bedroom
C$3,586/month
659 Sq Ft
Three Bedroom
C$4,567/month
335 Sq Ft

How much has average rent changed in Vancouver, BC?

In the past year, rent has decreased by 1.3%, which averages out to C$28 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 January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Vancouver, BC
Last Updated January 2026
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, Marpole , Hastings-Sunrise and Kerrisdale are the most affordable neighborhoods in Vancouver.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Marpole
C$2,112/month
559 Sq Ft
Hastings-Sunrise
C$2,298/month
565 Sq Ft
Kerrisdale
C$2,325/month
564 Sq Ft
Oakridge
C$2,372/month
499 Sq Ft
Kensington-Cedar Cottage
C$2,444/month
507 Sq Ft
Riley Park
C$2,468/month
537 Sq Ft
Grandview-Woodland
C$2,523/month
479 Sq Ft
Kitsilano
C$2,539/month
533 Sq Ft
West End
C$2,544/month
536 Sq Ft
Strathcona
C$2,630/month
534 Sq Ft

What are the most expensive neighborhoods in Vancouver?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Vancouver
C$2,841/month
543 Sq Ft
Fairview
C$2,746/month
528 Sq Ft
Arbutus Ridge
C$2,706/month
618 Sq Ft
Shaughnessy
C$2,645/month
541 Sq Ft
Mount Pleasant
C$2,635/month
556 Sq Ft
Strathcona
C$2,630/month
534 Sq Ft
West End
C$2,544/month
536 Sq Ft
Kitsilano
C$2,539/month
533 Sq Ft
Grandview-Woodland
C$2,523/month
479 Sq Ft
Riley Park
C$2,468/month
537 Sq Ft

Which Vancouver neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
West End
C$2,544/month
536 Sq Ft
Downtown Vancouver
C$2,841/month
543 Sq Ft
Fairview
C$2,746/month
528 Sq Ft
Mount Pleasant
C$2,635/month
556 Sq Ft
Marpole
C$2,112/month
559 Sq Ft
Strathcona
C$2,630/month
534 Sq Ft
Shaughnessy
C$2,645/month
541 Sq Ft
Kitsilano
C$2,539/month
533 Sq Ft
Kensington-Cedar Cottage
C$2,444/month
507 Sq Ft
Hastings-Sunrise
C$2,298/month
565 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$2,271, you’ll want to make about C$7,570 per month or C$90,840 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

1,681 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

Downtown Vancouver

Vancouver, BC

Studio
C$1,772/month
C$1,892/month
One Bedroom
C$2,086/month
C$2,676/month
Two Bedroom
C$2,522/month
C$3,587/month
Three Bedroom
C$3,940/month
C$4,195/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

The Everett Marine & Kerr

The Everett Marine & Kerr

3125 Pierview Cres,
Vancouver, BC V5S 2H4

C$2,150 - C$3,200

1-2 Beds

1770 Pendrell

1770 Pendrell

1770 Pendrell St,
Vancouver, BC V6G 0C5

C$2,495 - C$4,445

1-3 Beds

855 Jervis

855 Jervis

855 Jervis St,
Vancouver, BC V6E 2B2

C$2,006 - C$2,589

Studio - 1 Bed

Eastward

Eastward

1881 11th Av,
Vancouver, BC V5N 0K7

C$2,258 - C$5,008

Studio - 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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