Rental Market Trends in Vernon, BC

What is the average rent in Vernon, BC?

C$1,982/month

Average Rent

508 Sq Ft

Average Apartment Size

+0.7%

Increase in the Last Year

As of October 2025, the average rent in Vernon, BC was C$1,982/month. When you rent an apartment in Vernon, you can expect to pay as little as C$1,341 to as much as C$1,879, depending on the location and size of the apartment.

Floor Plan Type

Average Rent

Average Sq Ft

Studio

C$1,341/month

27 Sq Ft

One Bedroom

C$1,982/month

508 Sq Ft

Two Bedroom

C$2,240/month

705 Sq Ft

Three Bedroom

C$1,879/month

1,071 Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

How much has average rent changed in Vernon, BC?

In the past year, rent has increased by 0.7%, which averages out to C$15 more per month.

Percentage*

Rent Range

0% Below C$700/month

0% C$700 - C$1,000/month

20% C$1,001 - C$1,500/month

20% C$1,501 - C$2,000/month

60% Above C$2,000/month

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

Because the average rent in Vernon is C$1,982, you’ll want to make about C$6,606 per month or C$79,272 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.

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

Use the tool below to compare Vernon, 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.

Apartment Averages

Nearby City Rent Trends

Apartment communities in Vernon we think you'll love

Park Edge

3906 Alexis Park Drive,
Vernon, BC V1T 6G9

C$1,800 - C$2,215

1-2 Beds

Vernon City View Apartments

3501 Centennial Dr,
Vernon, BC V1T 2T8

C$1,300 - C$1,600

Studio - 2 Beds

975 Mt Burnham Rd

975 Mt Burnham Rd,
Vernon, BC V1B 0B2

C$3,000

1 Bed

2457-2415 15 St

2457-2415 15 St,
Vernon, BC V1T 3V3

C$2,600

3 Beds

Canada British Columbia Vernon 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.