Rental Market Trends in Victoria, BC

What is the average rent in Victoria, BC?

C$1,982/month

Average Rent

602 Sq Ft

Average Apartment Size

-0.8%

Decrease in the Last Year

As of October 2025, the average rent in Victoria, BC was C$1,982/month. When you rent an apartment in Victoria, you can expect to pay as little as C$1,651 to as much as C$3,145, depending on the location and size of the apartment.

Floor Plan Type

Average Rent

Average Sq Ft

Studio

C$1,651/month

331 Sq Ft

One Bedroom

C$1,982/month

602 Sq Ft

Two Bedroom

C$2,598/month

793 Sq Ft

Three Bedroom

C$3,145/month

1,158 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

One Bedroom

C$1,910/month

267 Sq Ft

How much has average rent changed in Victoria, BC?

In the past year, rent has decreased by 0.8%, which averages out to C$16 less per month.

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

Because the average rent in Victoria 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 Victoria, BC compare to other nearby cities and neighborhoods?

Use the tool below to compare Victoria, 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 Victoria, BC

Apartment Averages

Nearby City Rent Trends

Apartment communities in Victoria we think you'll love

Christie Point

2861 Craigowan Rd,
Victoria, BC V9B 1M9

C$1,995 - C$2,695

2-3 Beds

University Heights

1520 McKenzie Ave,
Victoria, BC V8N 3B7

C$1,800 - C$4,275

Studio - 3 Beds

Neighbour

1468 Vancouver St,
Victoria, BC V8V 0H8

C$1,300 - C$3,050

1-5 Beds

Hudson House

1700 Blanshard St,
Victoria, BC V8W 0G8

C$2,275 - C$2,400

Studio - 2 Beds

Canada British Columbia Victoria 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.