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Summary

Vancouver's Rent Is Getting Spicy & Here's How Much You'd Pay In Different Spots

Vancouver has the most expensive rent in Canada.

Vancouver's Rent Is Getting Spicy & Here's How Much You'd Pay In Different Spots
Russ Heinl | Dreamstime
Contributor

It's certainly no secret that rent prices in Vancouver aren't easy on the wallet. In fact, the city has the most expensive rent in Canada.

According to a report sent to Narcity from liv.rent, rental prices are going up steadily in most of the neighbourhoods and recovering from price drops due to COVID-19.

As of the beginning of June 2021, the monthly cost of a furnished 1-bedroom is $1,842 and an unfurnished 1-bedroom is $1,704. Prices in Toronto, for example, fall just below.

Here's how much rent costs for unfurnished 1-bedroom apartments in various Vancouver neighbourhoods.

In Downtown Vancouver, you're looking at a cost of $2,051. In South Vancouver, it's $1,704. Over in Burnaby, it will cost you $1,660.

Surrey renters are paying an average of $1,393, in Richmond, the monthly bill is $1,692, in North Vancouver, it's $1,950, and in West Vancouver, you're looking at $1,727. Finally, the same type of place is going for $1,501 in Coquitlam and $1,663 in New Westminster.

So, where will you be renting in and around Vancity?

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    • Britanny Burr
      Britanny Burr was a Staff Writer at Narcity Canada, who drove growth within Narcity's Western coverage and readership. Having lived between her hometown, Canmore, Alberta and Calgary, Montreal, Vancouver, and NYC over the past 10 years, she is obsessed with finding the best local hot spots. She holds a B.A. in English and has over six years of professional writing experience as Head Writer and Editor for YUL.Buzz in Montreal, and Creative Copywriter at JAKT in NYC. News by day, poetry by night — the written word is Britanny's nearest and dearest.

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