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Rental Market Trends in Vancouver, BC

What is the average rent in Vancouver, BC?

$2,262/month

Average Rent

522 Sq Ft

Average Apartment Size

-1.7%

Decrease in the Last Year

As of June 2026, the average rent in Vancouver, BC was $2,262/month. When you rent an apartment in Vancouver, you can expect to pay as little as $2,011 to as much as $4,151, depending on the location and size of the apartment.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,011/month
423 Sq Ft
One Bedroom
$2,262/month
522 Sq Ft
Two Bedroom
$3,207/month
778 Sq Ft
Three Bedroom
$4,151/month
1,149 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,092/month
276 Sq Ft
Two Bedroom
$3,132/month
307 Sq Ft
Three Bedroom
$3,929/month
446 Sq Ft
Four Bedroom
$5,673/month
656 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,559/month
562 Sq Ft
Two Bedroom
$3,933/month
839 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,783/month
494 Sq Ft
Two Bedroom
$3,722/month
664 Sq Ft
Three Bedroom
$4,618/month
668 Sq Ft

How much has average rent changed in Vancouver, BC?

In the past year, rent has decreased by 1.7%, which averages out to $38 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 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Vancouver, BC
Last Updated June 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Vancouver, BC
Percentage*
Rent Range
0% Below $700/month
1% $700 - $1,000/month
8% $1,001 - $1,500/month
24% $1,501 - $2,000/month
68% Above $2,000/month

Rent by Neighbourhood

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

What are the most affordable neighbourhoods in Vancouver?

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

Calculate Rent Affordability
Neighbourhood
Average Rent
Average Sq Ft
Marpole
$2,132/month
600 Sq Ft
Killarney
$2,251/month
588 Sq Ft
Kensington-Cedar Cottage
$2,289/month
549 Sq Ft
Renfrew-Collingwood
$2,304/month
553 Sq Ft
Kerrisdale
$2,433/month
623 Sq Ft
Shaughnessy
$2,495/month
536 Sq Ft
West Point Grey
$2,497/month
625 Sq Ft
Hastings-Sunrise
$2,512/month
634 Sq Ft
Oakridge
$2,539/month
521 Sq Ft
Fairview
$2,658/month
557 Sq Ft

What are the most expensive neighbourhoods in Vancouver?

Based on current rent prices, Downtown Vancouver, Strathcona and South Cambie are the most expensive neighbourhoods in Vancouver.

Calculate Rent Affordability
Neighbourhood
Average Rent
Average Sq Ft
Downtown Vancouver
$3,095/month
605 Sq Ft
Strathcona
$2,795/month
604 Sq Ft
South Cambie
$2,761/month
525 Sq Ft
Mount Pleasant
$2,747/month
618 Sq Ft
Kitsilano
$2,741/month
583 Sq Ft
Arbutus Ridge
$2,726/month
772 Sq Ft
West End
$2,715/month
546 Sq Ft
Riley Park
$2,709/month
552 Sq Ft
Fairview
$2,658/month
557 Sq Ft
Oakridge
$2,539/month
521 Sq Ft

Which Vancouver neighbourhoods have the most rentals available?

The neighbourhoods in Vancouver with the most apartments available are West End, Downtown Vancouver and Marpole .

Calculate Rent Affordability
Neighbourhood
Average Rent
Average Sq Ft
West End
$2,715/month
546 Sq Ft
Downtown Vancouver
$3,095/month
605 Sq Ft
Marpole
$2,132/month
600 Sq Ft
Fairview
$2,658/month
557 Sq Ft
Mount Pleasant
$2,747/month
618 Sq Ft
Strathcona
$2,795/month
604 Sq Ft
Kerrisdale
$2,433/month
623 Sq Ft
Oakridge
$2,539/month
521 Sq Ft
Kitsilano
$2,741/month
583 Sq Ft
Shaughnessy
$2,495/month
536 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 $2,262, you’ll want to make about $7,540 per month or $90,480 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

2,127 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Vancouver, 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.

Explore the Area Guide for Vancouver, BC

Apartment Averages

Marpole

Vancouver, BC

Downtown Vancouver

Vancouver, BC

Studio
$1,733/month
$2,346/month
One Bedroom
$2,065/month
$2,574/month
Two Bedroom
$2,509/month
$3,616/month
Three Bedroom
$3,712/month
$4,054/month
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Nearby City Rent Trends

  • Richmond Average Rent
  • Burnaby Average Rent
  • New Westminster Average Rent
  • Delta Average Rent
  • Port Moody Average Rent

Apartment communities in Vancouver we think you'll love

1770 Pendrell

1770 Pendrell

1770 Pendrell St,
Vancouver, BC V6G 0C5

$2,675 - $4,675

1-3 Beds

Wesley Place

Wesley Place

1022 Nelson St,
Vancouver, BC V6E 4S7

$2,535 - $3,495

Studio - 2 Beds

8675 French

8675 French

8675 French St,
Vancouver, BC V6P 4W5

$1,817 - $2,609

Studio - 2 Beds

1188 Bidwell St

1188 Bidwell St

1188 Bidwell St,
Vancouver, BC V6G 1W1

$2,800 - $3,650

1-2 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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Equal Housing Opportunity