Primary Rental Market
Summary Statistics

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  1. Historical Time Periods
  2. Current Geography

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Nelson (CY) — Historical Rental Market Statistics Summary

  Vacancy Rate (%) Availability Rate (%) Average Rent ($) Median Rent ($) % Change Units
2013 October 1.9 a 1.9 a 710 a 700 a ** 521
2014 October 0.6 a 0.6 a 743 a 700 a 4.5 a 515
2015 October 0.4 b 0.4 b 741 a 720 a ++ 510
2016 October 0.7 a 1.2 a 772 a 745 a 2.6 b 500
2017 October 0.0 c 0.8 a 816 a 770 a 5.6 c 503
2018 October 0.0 c ** 853 a 800 a 5.8 d 515
2019 October 0.4 b ** 913 a 863 b 5.0 d 509
2020 October 0.5 a ** 927 a 878 a 4.0 d 511
2021 October 0.6 a ** 977 a 967 b ** 509
2022 October 0.6 b ** 1,019 a 954 a ++ 495
Notes:
  • The following letter codes are used to indicate the reliability of the estimates: a - Excellent, b- Very good, c - Good, d - Fair (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).
  • - No units exist in the universe for this category
  • n/a: Not applicable
Source: CMHC Rental Market Survey (opens in new window)