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Vancouver

Primary Rental Market
Summary Statistics

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Vancouver — Rental Market Statistics Summary by Zone

  Vacancy Rate (%) Availability Rate (%) Average Rent ($) Median Rent ($) % Change Units
Vancouver 1.6 a ** 1,929 a 1,820 a 4.5 b 126,469
West End/Stanley Park 0.6 a ** 1,934 a 1,900 a ++ 3,916
English Bay 1.6 a ** 2,018 a 2,000 a ++ 6,845
Downtown 2.6 a ** 2,191 a 2,100 a ** 12,307
South Granville/Oak 1.0 a ** 1,895 a 1,800 a 4.2 d 9,090
Kitsilano/Point Grey 1.0 a ** 2,038 a 1,850 a ++ 7,526
Westside/Kerrisdale 1.7 a ** 2,250 b 2,150 b 8.1 c 3,442
Marpole 1.6 c ** 1,531 a 1,475 a 6.0 d 3,850
Mount Pleasant/Renfrew Heights 1.8 c ** 1,928 a 1,781 a ** 7,527
East Hastings 1.5 a ** 1,754 a 1,650 a ++ 6,251
Southeast Vancouver 0.9 a ** 1,813 b 1,700 b 5.3 c 3,646
University Endowment Lands 0.3 a ** 2,764 a 2,650 a ** 1,945
Central Park/Metrotown 1.4 a ** 1,741 a 1,650 a ** 4,886
Southeast Burnaby 0.3 a ** 1,559 b 1,538 b ** 2,192
North Burnaby 2.2 a ** 1,902 a 1,900 a ++ 4,296
New Westminster 1.4 a ** 1,729 a 1,691 a ++ 10,173
North Vancouver CY 1.5 c ** 1,976 a 1,800 b ** 7,417
North Vancouver DM 2.9 b ** 2,474 b 2,437 b ** 2,549
West Vancouver 4.1 d ** 2,603 b 2,250 b ++ 2,751
Richmond 0.9 a ** 1,901 b 1,850 a ++ 3,613
Delta 0.7 a ** 1,517 a 1,460 b ** 1,740
Surrey 1.7 b ** 1,711 a 1,700 a ** 7,624
White Rock 1.8 a ** 1,559 a 1,600 a ** 1,430
Langley City and Langley DM 2.3 b ** 1,892 a 1,920 a ** 3,987
Tri-Cities 2.0 b ** 1,990 a 2,000 a ** 5,607
Maple Ridge/Pitt Meadows 0.8 d ** 1,459 b 1,485 c ++ 1,859
Notes:
  • The following letter codes are used to indicate the reliability of the estimates: a — Excellent, b — Very good, c — Good, d — Poor (Use with Caution))
  • ** — Data suppressed to protect confidentiality or data not statistically reliable
  • ++ — Change in rent is not statistically significant. This means that the change in rent is not statistically different than zero (0). (Applies only to % Change of Average Rent Tables).
  • CMA, CA and CSD definitions are based on 2016 Census Geography Definitions
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