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.

A New Study Shows Rent In Vancouver Is Now So Expensive Even Toronto Can't Keep Up
Volodymyr Kyrylyuk | Dreamstime, Jerry Coli | Dreamstime
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.

From Your Site Articles
rent in vancouverbc renthouse prices in vancouvercanadian housing market
VancouverCanadaReal EstateReal Estate
  • Morgan Leet

    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. After working in the print media world on Canada’s East Coast, she joined Narcity with a move to B.C., drawn to the beauty of Western Canada. Since then, she's documented her experience moving to Vancouver, covering everything from local events to bucket-list travel destinations across Canada's West Coast.

Canada's 'best city for renters' is this bustling spot with 1-bedroom apartments under $1,400

It beat Toronto by over 50 spots on the list!

How much does it actually cost to live in Toronto in 2025? We crunched the numbers

Here's what you can expect shell out.

These are the cheapest places to live in Canada and the income you need for a comfortable life

Vancouver isn't the most expensive, either! 😮

Canada's housing market is set to get cheaper and 5 cities are dropping more than Toronto

A buyer's market is finally taking shape across much of Canada. 🏡

Ontario's weather forecast says there'll be 20 cm of snow and 'shots of arctic air' this week

It's going to feel like -20 C in Toronto! 🥶

This Canadian city has the 'best quality of life' in North America — and it's not even close

The best cities to live in Canada were revealed, #1 probably isn't what you expect. 👀

A $1.85M Keurig K-Cup class action settlement has been approved and you can claim money now

Proof of purchase isn't required to get a payment!

This Ontario spa hidden in a snow-covered forest was named one of the best in North America

Who's ready to get pampered?

Canada's highest-paying job fields for 2026 were revealed and #1 isn't law or medicine

Before you submit that med school application, you might want to read this... 👀

Canada keeps slipping down this ranking of the world's most powerful passports

But the Canadian passport is still better than the American passport!

Cineplex has free popcorn for National Popcorn Day and the deal isn't just for one day

Here's how you can get free popcorn. 🍿

I lived in this dreamy small town that Canadians named as a top spot they want to move to

Here's what life in one of the best Canadian towns is actually like.👇

Canada Child Benefit payments for January 2026 go out soon — Here's how much you can get

The first CCB payments of 2026 land next week! 📅