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 3.7 a ** 1,970 a 1,875 a 2.0 b 129,351
West End/Stanley Park 1.7 c ** 1,914 b 1,950 b ** 3,915
English Bay 2.7 b ** 2,020 a 2,000 a 3.5 d 6,773
Downtown 4.3 b ** 2,198 a 2,140 a 3.2 c 12,303
South Granville/Oak 1.8 b ** 1,929 a 1,839 a ++ 9,174
Kitsilano/Point Grey 1.7 b ** 2,051 a 1,931 a 3.4 d 7,632
Westside/Kerrisdale 2.4 b ** 2,385 b 2,300 b ++ 3,559
Marpole 2.6 c ** 1,540 b 1,532 b ++ 3,799
Mount Pleasant/Renfrew Heights 2.5 c ** 1,903 a 1,800 a ++ 8,249
East Hastings 3.8 b ** 1,827 a 1,750 a ++ 6,335
Southeast Vancouver 2.4 b ** 1,968 a 1,920 b 2.8 c 3,872
University Endowment Lands 1.3 a ** 2,805 a 2,760 b 2.9 c 2,082
Central Park/Metrotown ** ** 1,958 b 1,800 c 2.6 c 5,191
Southeast Burnaby 3.6 d ** 1,641 b 1,600 a ++ 2,324
North Burnaby 5.6 d ** 1,847 a 1,800 a ++ 4,256
New Westminster 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
West Vancouver 1.6 c ** 2,577 b 2,300 c ** 2,747
Richmond 3.1 b ** 1,887 a 1,868 a ++ 3,311
Delta 1.5 a ** 1,676 a 1,800 b ** 1,735
Surrey 4.3 b ** 1,728 a 1,740 a 2.4 c 8,201
White Rock 5.1 c ** 1,547 b 1,448 b ** 1,405
Langley City and Langley DM 3.0 a ** 2,007 a 2,000 a ++ 4,065
Tri-Cities ** ** 1,936 b 1,825 b ** 6,108
Maple Ridge/Pitt Meadows 2.3 b ** 1,514 a 1,600 b ** 1,796
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)