A New Study Shows Rent In Vancouver Is Now So Expensive Even Toronto Can't Keep Up

If you thought Toronto was expensive, look away now.

Editor

Vancouver rent prices are known for being out of control, but now we can see just how much.

Zumper released a national rent report and Vancouver is at the very top of the list — beating out Toronto by $330 a month for a one-bedroom.

Zumper

The study looked at thousands of listings across 23 of the largest Canadian cities. Vancouver took first place with an average rent of $2,130 for a one-bedroom — growing 1.4% from this time last year.

Toronto took second place with rent climbing 1.7%, to an average of $1,800.

Two bedrooms in Vancouver go for an average of $2,900 now.

Barrie, Ont. took the third spot on the list, and Kelowna, B.C. was fourth.

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  • Editor

    Morgan Leet (she/her) is an Editor for Narcity Media Group. After graduating from Carleton University’s School of Journalism and Communication, she jumped into fulfilling her dream as a journalist, merging her passion for travelling with writing. She got her start working in the print media world on Canada’s East Coast, then joined Narcity with a move to B.C., leading the launch of West Coast coverage. Her focus now is managing a large group of freelance writers, bringing human-forward and opinion content to the site.

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