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 0.9 a ** 1,675 a 1,575 a 6.4 a 120,472
West End/Stanley Park 0.4 a ** 1,698 a 1,600 a 6.8 c 3,913
English Bay 0.9 a ** 1,782 a 1,700 a 9.0 c 6,804
Downtown 1.8 a ** 1,919 a 1,800 a 6.4 b 12,130
South Granville/Oak 0.6 a ** 1,671 a 1,602 a 3.9 c 8,610
Kitsilano/Point Grey 0.4 a ** 1,792 a 1,708 a ** 7,354
Westside/Kerrisdale 2.5 b ** 2,010 a 1,797 a 7.0 b 3,361
Marpole 0.4 a ** 1,282 a 1,225 a 4.7 d 3,754
Mount Pleasant/Renfrew Heights 0.5 a ** 1,622 a 1,544 a 2.8 c 7,018
East Hastings 0.5 a ** 1,547 a 1,463 a ** 5,670
Southeast Vancouver 0.3 a ** 1,732 a 1,643 a 3.2 c 3,315
University Endowment Lands 0.2 a ** 2,300 a 2,248 a 3.7 a 1,364
Central Park/Metrotown 1.5 a ** 1,528 a 1,395 a 7.9 c 5,057
Southeast Burnaby 0.2 a ** 1,344 a 1,315 b ** 2,184
North Burnaby 1.0 a ** 1,681 a 1,600 a 9.3 b 4,373
New Westminster 0.6 a ** 1,475 a 1,400 a 5.8 c 9,705
North Vancouver CY 1.0 a ** 1,781 a 1,661 a 7.1 c 6,884
North Vancouver DM 2.8 a ** 2,238 a 2,028 a ** 2,464
West Vancouver 1.1 a ** 2,299 a 2,200 a 6.1 b 2,409
Richmond 0.5 a ** 1,695 a 1,613 a 10.5 d 3,398
Delta 0.4 a ** 1,367 a 1,252 a 4.7 c 1,740
Surrey 0.6 a ** 1,458 a 1,400 a 6.3 c 6,463
White Rock 1.5 a ** 1,300 a 1,179 a 5.9 d 1,450
Langley City and Langley DM 0.9 a ** 1,502 a 1,525 a 3.8 d 3,494
Tri-Cities 0.7 a ** 1,564 a 1,500 a ** 5,686
Maple Ridge/Pitt Meadows 0.8 a ** 1,309 a 1,320 a 9.2 b 1,872
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
Source: CMHC Rental Market Survey (opens in new window)