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Rooms for Rent Market Summary in Vancouver, BC
Median Rent
$2,800
Year-Over-Year Change
12%↑
of Apartments & Rooms for Rent
Hundreds
Rent Ranges in Vancouver, BC
Occupied Housing Units in Vancouver, BC
71%
Renter-occupied Households
29%
Owner-occupied Households
Average Rent in Vancouver, BC
Last updated: May 16, 2024
Over the past month, the average rent for a 1-bedroom apartment decreased by 2%. Below is the price trend for a 1-bedroom apartment.
Co-Living & Rooms for Rent in Vancouver
The percentage of double-up renters in Vancouver is higher than the national average. The national average of renters living with roommates is 30 percent, compared to Vancouver's nearly 36 percent!
As the percentage of household income devoted to rent rises, so does the number up doubled-up households. In Vancouver, as affordability worsens, people are driven more and more to either reside with family members or to seek out roommates.
As of September 2023, the average rent for a 1-bedroom apartment in Vancouver, BC is $2,800. This is a 2% decrease compared to the previous year.
Average Rent in Vancouver, BC
| Neighborhood | Median Rent |
|---|---|
| Downtown Vancouver | $3,000 |
| West End | $2,838 |
| Riley Park | $2,688 |
| Hastings | $2,000 |
| Killarney | $2,515 |