Primary Rental Market

% Change of Average Rent

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Vancouver — % Change of Average Rents by Bedroom Type by Zone

	Bachelor		1 Bedroom		2 Bedroom		3 Bedroom +		Total
Vancouver	6.1	b	6.4	a	5.8	b	6.9	b	6.4	a
West End/Stanley Park	**		6.7	c	**		++		6.8	c
English Bay	**		8.8	c	**		**		9.0	c
Downtown	5.6	c	6.3	b	5.1	c	**		6.4	b
South Granville/Oak	3.9	d	4.4	c	4.6	d	++		3.9	c
Kitsilano/Point Grey	**		**		4.7	d	++		**
Westside/Kerrisdale	6.8	c	7.3	b	7.6	b	1.7	c	7.0	b
Marpole	**		5.5	d	++		++		4.7	d
Mount Pleasant/Renfrew Heights	5.7	d	2.9	c	**		++		2.8	c
East Hastings	**		10.5	d	**		**		**
Southeast Vancouver	2.7	b	4.0	c	2.8	b	++		3.2	c
University Endowment Lands	1.7	a	0.5	a	3.3	a	5.4	a	3.7	a
Central Park/Metrotown	9.3	c	9.2	c	5.0	c	**		7.9	c
Southeast Burnaby	**		**		**		**		**
North Burnaby	6.3	b	9.3	c	9.4	c	8.3	b	9.3	b
New Westminster	**		5.1	d	4.1	c	**		5.8	c
North Vancouver CY	10.1	d	7.8	c	4.3	d	**		7.1	c
North Vancouver DM	4.0	b	**		5.0	c	**		**
West Vancouver	**		5.5	b	5.6	c	10.4	a	6.1	b
Richmond	**		7.8	c	10.6	c	13.1	d	10.5	d
Delta	4.6	c	2.5	c	7.2	c	**		4.7	c
Surrey	6.5	c	7.4	c	**		5.2	c	6.3	c
White Rock	3.6	c	**		5.0	d	**		5.9	d
Langley City and Langley DM	**		4.8	d	3.5	d	**		3.8	d
Tri-Cities	**		4.9	c	**		++		**
Maple Ridge/Pitt Meadows	**		8.5	c	9.9	b	13.8	a	9.2	b

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
CMA, CA and CSD definitions are based on 2021 Census Geography Definitions
Percentage (%) change of average rent is from a fixed sample (existing structures only). This is a measure that estimates rent level movement. The estimate is based on structures that were common to the survey sample for both the previous year and the current year.