Primary Rental Market
Vacancy Rate (%)

By:

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

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

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Kelowna — Historical Vacancy Rates by Structure Size (Apt. only)

  3-5 Units 6-19 Units 20-49 Units 50-199 Units Total
1990 October ** 0.0 b 0.1 a 0.1 a 0.1 a
1991 October ** 1.0 a 0.2 a 0.4 a 0.4 a
1992 October ** 0.6 a 0.2 a 0.8 a 0.5 a
1993 October ** 1.2 a 1.2 a 1.2 a 1.2 a
1994 October ** 1.5 a 1.7 a 1.3 a 1.5 a
1995 October ** 4.7 a 2.4 a 2.7 a 2.9 a
1996 October ** 6.3 a 4.0 a 2.5 a 3.8 a
1997 October 6.3 a 4.9 a 4.1 a 1.7 a 3.4 a
1998 October 18.8 a 8.3 a 3.7 a 2.4 a 4.0 a
1999 October 14.3 a 3.1 a 1.9 a 1.6 a 2.0 a
2000 October 0.0 a 1.6 a 1.3 a 1.0 a 1.2 a
2001 October 0.0 a 2.6 a 1.1 a 0.6 a 1.1 a
2002 October 0.0 a 3.0 c 1.6 a 1.4 a 1.7 a
2003 October 0.0 a 2.4 c 1.5 a 0.9 a 1.4 a
2004 October 14.3 a 1.0 a 1.1 a 0.5 a 1.0 a
2005 October 16.7 a 1.1 a 0.6 a 0.1 a 0.5 a
2006 October 7.1 a 2.0 a 0.5 a 0.2 a 0.6 a
2007 October ** 0.0 b 0.0 b 0.1 b 0.0 b
2008 October 3.0 a 0.0 a 0.4 a 0.1 a 0.3 a
2009 October 13.8 a 1.6 a 3.3 a 2.9 a 3.0 a
2010 October 13.8 a 4.6 a 3.3 a 3.1 a 3.5 a
2011 October 13.8 a 3.2 b 3.3 a 2.3 a 3.0 a
2012 October 15.2 a 3.2 a 5.5 a 2.6 a 4.0 a
2013 October 9.1 a 1.8 a 2.9 a 0.7 a 1.8 a
2014 October 3.4 a 0.7 a 1.0 a 0.9 a 1.0 a
2015 October 2.6 c 0.0 c 1.2 a 0.3 a 0.7 a
2016 October ** 0.5 a 0.7 a 0.5 a 0.6 a
2017 October ** 0.0 b 0.3 a 0.2 a 0.2 a
2018 October ** 1.6 c 2.0 a 1.8 a 1.9 a
2019 October ** 0.3 b 1.4 a 3.6 c 2.7 b
2020 October ** 0.3 b 1.2 a 2.6 a 2.1 a
2021 October ** 0.3 b 0.9 a 0.5 a 0.6 a
2022 October ** 0.5 a 0.6 a 1.5 a 1.2 a
2023 October ** 0.5 b 0.5 b 1.7 a 1.3 a
2024 October ** ** ** 3.3 a 3.8 b
2025 October ** ** ** 7.4 b 6.4 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)