Primary Rental Market

Vacancy Rate (%)

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Vancouver — Vacancy Rates by Rent Quartile by Zone

	Vacancy Rate (Q1)		Vacancy Rate (Q2)		Vacancy Rate (Q3)		Vacancy Rate (Q4)
Vancouver	1.1	a	2.2	a	5.0	b	6.7	b
West End/Stanley Park	0.0	d	1.6	c	**		2.5	c
English Bay	1.6	c	1.8	b	1.3	d	**
Downtown	1.3	d	3.5	c	6.2	c	6.3	b
South Granville/Oak	1.2	a	**		2.4	c	3.1	d
Kitsilano/Point Grey	0.5	b	**		1.9	c	2.5	c
Westside/Kerrisdale	0.2	b	0.9	a	2.9	c	4.7	c
Marpole	**		0.4	b	**		4.8	d
Mount Pleasant/Renfrew Heights	0.1	b	0.7	a	1.6	c	**
East Hastings	2.8	c	1.6	c	2.9	c	8.2	b
Southeast Vancouver	0.1	b	2.2	c	4.2	c	3.2	c
University Endowment Lands	0.9	a	**		**		0.0	d
Central Park/Metrotown	**		1.2	d	3.1	d	**
Southeast Burnaby	0.4	b	0.4	b	2.0	c	**
North Burnaby	1.1	d	**		**		4.3	c
New Westminster	0.4	b	1.0	a	6.1	c	**
North Vancouver CY	0.8	a	1.4	a	4.2	d	6.0	c
North Vancouver DM	0.6	b	1.5	a	5.6	b	4.6	c
West Vancouver	1.4	d	0.0	d	**		2.8	c
Richmond	3.1	c	2.0	c	4.3	c	3.8	d
Delta	**		**		0.2	b	1.0	a
Surrey	0.3	b	4.1	c	6.4	b	6.4	b
White Rock	**		**		7.8	c	9.4	c
Langley City and Langley DM	0.8	d	3.3	d	2.1	b	4.5	d
Tri-Cities	1.1	d	3.0	c	12.1	d	**
Maple Ridge/Pitt Meadows	0.0	d	2.8	c	3.2	c	3.1	d

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