Primary Rental Market
Average Rent ($)

By:

  1. Bedroom Type
  2. Year of Construction
  3. Structure Size

Display Options:

  1. Survey Zones
  2. Census Subdivisions
  3. Neighbourhoods
  4. Census Tracts
  5. Historical Time Periods

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Kelowna — Historical Average Rent by Year of Construction

  Before 1960 1960 - 1979 1980 - 1999 2000 or Later Total
1990 October 463 a 436 a 533 a ** 466 a
1991 October 376 a 471 a 573 a ** 500 a
1992 October 448 a 509 a 607 a ** 538 a
1993 October 454 a 537 a 633 a ** 568 a
1994 October 467 a 548 a 635 a ** 579 a
1995 October 472 a 559 a 635 a ** 587 a
1996 October 474 a 565 a 639 a ** 594 a
1997 October 483 c 561 a 635 a ** 591 a
1998 October 486 c 556 a 627 a ** 586 a
1999 October 518 a 564 a 633 a ** 592 a
2000 October ** 560 a 639 a ** 593 a
2001 October 623 b 572 a 648 a 740 a 609 a
2002 October 636 c 585 a 669 a 723 a 627 a
2003 October 647 c 604 a 683 a 736 a 643 a
2004 October 608 a 617 a 699 a 787 b 663 a
2005 October 584 a 649 a 732 a 822 b 693 a
2006 October 692 a 688 a 783 a 857 a 740 a
2007 October 810 a 746 a 830 a 890 b 794 a
2008 October 738 a 866 a 908 a 1,035 b 893 a
2009 October 795 b 786 a 873 a 911 a 828 a
2010 October 762 a 783 a 852 a 978 b 829 a
2011 October 808 b 777 a 854 a 1,042 a 845 a
2012 October 786 a 779 a 862 a 1,055 a 855 a
2013 October 772 a 792 a 887 a 1,097 a 886 a
2014 October 798 a 809 a 885 a 1,122 a 901 a
2015 October 828 a 835 a 897 a 1,111 a 907 a
2016 October 881 a 877 a 936 a 1,235 a 979 a
2017 October 1,029 b 961 a 974 a 1,255 a 1,048 a
2018 October 1,033 b 1,022 a 1,083 a 1,336 a 1,135 a
2019 October 1,147 a 1,066 a 1,117 a 1,381 a 1,222 a
2020 October 1,084 c 1,110 a 1,155 a 1,423 a 1,261 a
2021 October 1,174 c 1,125 a 1,182 a 1,507 a 1,336 a
2022 October ** 1,227 a 1,265 a 1,692 a 1,506 a
2023 October 1,134 b 1,355 b 1,462 a 1,821 a 1,645 a
2024 October ** 1,239 b 1,312 b 1,879 a 1,737 a
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).
Source: CMHC Rental Market Survey (opens in new window)