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.

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

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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Morgan Leet
Western Canada Editor
Morgan Leet is the Western Canada Editor for Narcity Canada's Western Desk focused on interprovincial travel, and is based in Vancouver.
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