Primary Rental Market
Vacancy Rate (%)

By:

  1. Bedroom Type
  2. Year of Construction
  3. Structure Size
  4. Rent Ranges
  5. Rent Quartiles

Display Options:

  1. Survey Zones
  2. Census Subdivisions
  3. Historical Time Periods

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Kelowna — Historical Vacancy Rates by Rent Range

  Less Than $750 $750 - $999 $1,000 - $1,249 $1,250 - $1,499 $1,500 + Non-Market/Unknown Total
1990 October 0.2 a ** ** ** ** ** 0.2 a
1991 October 0.4 a 2.1 a ** ** ** ** 0.5 a
1992 October 0.3 a 5.1 b ** ** ** ** 0.4 a
1993 October 0.8 a 8.1 a ** ** ** ** 1.2 a
1994 October 1.7 a 1.1 a ** ** ** ** 1.7 a
1995 October 3.0 a 7.2 a ** ** ** ** 3.1 a
1996 October 4.0 a 4.6 a ** ** ** ** 4.0 a
1997 October 3.9 a 4.3 a ** ** ** ** 3.9 a
1998 October 4.5 a 4.1 b ** ** ** ** 4.4 a
1999 October 2.2 a 0.3 a ** ** ** ** 2.1 a
2000 October 1.6 a 0.6 a ** ** ** ** 1.5 a
2001 October 1.3 a 0.5 a ** ** ** ** 1.3 a
2002 October 1.8 a 2.5 c ** ** ** ** 1.8 a
2003 October 1.6 a 2.0 c ** ** ** ** 1.6 a
2004 October 1.2 a 1.0 a ** ** ** ** 1.1 a
2005 October 0.6 a 0.8 a ** ** ** ** 0.6 a
2006 October 0.6 a 0.9 a 0.4 b ** ** 0.0 c 0.7 a
2007 October 0.1 b 0.0 b 0.9 a 2.9 b ** 0.0 c 0.1 a
2008 October 0.2 a 0.3 a 0.2 a 0.0 d ** ** 0.3 a
2009 October 2.3 a 3.8 a 11.3 a ** ** 0.0 c 3.4 a
2010 October 2.8 a 3.7 a 5.8 c ** ** 0.0 c 3.4 a
2011 October 2.7 a 4.4 a 3.9 b 1.8 c ** 0.0 c 3.1 a
2012 October 2.8 a 4.5 a 8.4 b 4.2 d ** 0.0 b 4.0 a
2013 October 1.6 b 2.4 a 1.2 a 2.9 b 1.7 c 0.0 b 1.9 a
2014 October 0.4 a 1.1 a 1.4 a ** ** 0.0 b 1.0 a
2015 October 0.2 b 0.9 a 1.2 a 0.0 c ** 0.0 c 0.7 a
2016 October 0.5 a 0.7 a 0.7 a 0.7 a 0.8 a 0.6 b 0.6 a
2017 October 0.0 b 0.2 a 0.4 a 0.4 b 0.8 d ** 0.4 a
2018 October 0.0 c 0.9 a 2.6 b 2.3 b 2.8 b 0.0 c 1.8 a
2019 October 0.0 c 0.1 b 0.7 a 5.1 d 6.0 c ** 2.6 b
2020 October 0.0 c 0.5 a 3.1 d 1.7 a 2.8 a ** 2.1 a
2021 October 0.0 c 0.0 b 0.4 a 0.4 a 1.2 a ** 0.6 a
2022 October 0.0 c 0.0 b 0.1 b 0.6 a 2.6 a 4.8 d 1.3 a
2023 October 0.0 d 0.0 c 0.3 a 0.7 a 1.8 a 0.0 d 1.3 a
2024 October 0.0 d 0.8 a 1.2 a 4.5 b 4.2 b 2.6 a 3.6 b
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)