Primary Rental Market
Summary Statistics

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  2. Census Subdivisions
  3. Historical Time Periods

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Vancouver — Historical Rental Market Statistics Summary

  Vacancy Rate (%) Availability Rate (%) Average Rent ($) Median Rent ($) % Change Units
1990 October 0.9 a ** 622 a 585 a ** 115,899
1991 October 2.2 a ** 633 a 600 a 3.3 b 118,749
1992 October 1.6 a ** 643 a 625 a 1.8 a 116,086
1993 October 1.1 a ** 660 a 625 a 2.6 a 114,129
1994 October 0.8 a ** 675 a 635 a 2.6 b 112,076
1995 October 1.2 a ** 691 a 652 a 2.6 a 110,483
1996 October 1.1 a ** 712 a 675 a 2.5 a 110,600
1997 October 1.7 a ** 724 a 690 a 1.5 a 110,415
1998 October 2.7 a ** 730 a 690 a 0.9 a 109,970
1999 October 2.6 a ** 733 a 700 a 0.9 a 110,409
2000 October 1.4 a ** 749 a 705 a 2.1 a 110,302
2001 October 1.0 a ** 778 a 735 a 4.3 a 110,136
2002 October 1.4 a ** 801 a 750 a 2.6 a 109,899
2003 October 2.0 a ** 815 a 765 a 2.1 b 110,871
2004 October 1.3 a ** 831 a 775 a 1.6 b 109,733
2005 October 1.4 a 2.7 a 845 a 795 a 2.0 a 109,942
2006 October 0.8 a 1.4 a 876 a 815 a 3.9 a 108,216
2007 October 0.8 a 1.4 a 908 a 845 a 4.6 a 107,246
2008 October 0.6 a 1.1 a 948 a 880 a 4.3 a 106,395
2009 October 2.2 a 2.9 a 986 a 900 a 2.9 a 107,455
2010 October 1.9 a 2.7 a 1,006 a 930 a 2.6 a 107,587
2011 October 1.4 a 2.2 a 1,037 a 950 a 2.3 a 107,806
2012 October 1.8 a 2.7 a 1,058 a 975 a 2.3 a 108,146
2013 October 1.7 a 2.5 a 1,078 a 1,000 a 2.2 a 108,666
2014 October 1.0 a 1.6 a 1,110 a 1,035 a 2.5 a 109,217
2015 October 0.8 a 1.2 a 1,156 a 1,073 a 3.9 a 110,024
2016 October 0.7 a 1.2 a 1,236 a 1,150 a 6.4 a 110,973
2017 October 0.9 a 1.5 a 1,308 a 1,213 a 5.8 a 111,551
2018 October 1.0 a ** 1,394 a 1,300 a 6.1 a 112,228
2019 October 1.1 a ** 1,480 a 1,400 a 4.7 a 113,648
2020 October 2.6 a ** 1,519 a 1,436 a 2.0 a 115,949
2021 October 1.2 a ** 1,546 a 1,475 a 2.1 a 117,168
2022 October 0.9 a ** 1,675 a 1,575 a 6.4 a 120,472
2023 October 0.9 a ** 1,828 a 1,715 a 9.5 a 123,867
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)