Primary Rental Market
Summary Statistics

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Vancouver — Rental Market Statistics Summary by Census Subdivision

  Vacancy Rate (%) Availability Rate (%) Average Rent ($) Median Rent ($) % Change Units
Vancouver 3.7 a ** 1,970 a 1,875 a 2.0 b 129,351
Bowen Island (IM) ** ** ** ** ** 39
Burnaby (CY) 5.9 c ** 1,856 a 1,726 a ++ 11,771
Coquitlam (CY) ** ** 1,909 b 1,800 b ** 4,562
Delta (CY) 1.5 a ** 1,676 a 1,800 b ** 1,735
First Nations (Vancouver) (R) ** ** ** ** ** 505
Langley (CY) 2.4 b ** 1,909 b 1,918 b ++ 2,854
Langley (DM) 3.9 c ** 2,185 a 2,200 a ++ 1,211
Maple Ridge (CY) 2.3 b ** 1,465 a 1,478 b ** 1,469
Metro Vancouver A (RDA) 1.3 a ** 2,805 a 2,760 b 2.9 c 2,082
New Westminster (CY) 5.8 d ** 1,794 a 1,738 a ++ 10,622
North Vancouver (CY) 2.9 b ** 2,127 a 2,000 a ++ 7,848
North Vancouver (DM) 3.3 b ** 2,683 b 2,551 a ++ 2,049
Pitt Meadows (CY) ** ** 1,721 a 1,650 a ** 327
Port Coquitlam (CY) ** ** 1,918 b 1,788 a ** 809
Port Moody (CY) 2.4 c ** 2,284 d 2,380 d 0.9 a 737
Richmond (CY) 3.1 b ** 1,887 a 1,868 a ++ 3,311
Surrey (CY) 4.3 b ** 1,728 a 1,740 a 2.4 c 8,201
Vancouver (CY) 2.7 a ** 1,994 a 1,900 a 2.4 b 65,611
West Vancouver (DM) 1.6 c ** 2,577 b 2,300 c ** 2,203
White Rock (CY) 5.1 c ** 1,547 b 1,448 b ** 1,405
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).
  • CMA, CA and CSD definitions are based on 2021 Census Geography Definitions
Source: CMHC Rental Market Survey (opens in new window)