Rental Trends in Metro Vancouver

Vancouver, Vancouver Island, Kelowna

2022/09/26

Metro Vancouver rental prices ↑ $71 MoM, to an avg of $2,247 for an unfurnished, one-bedroom unit. Combined with Canada's high interest rates, Sep is seeing the highest avg rental costs of the year. West Vancouver saw a ↑ 26.3% MoM in Sep, and an unfurnished, one-bedroom unit costs an avg of $3,312. Richmond prices ↓ 11.8% to an avg of $2,151.