Rental market
Vancouver rental market
Rents and vacancy from CMHC's annual Rental Market Survey (purpose-built rentals, October) and Statistics Canada's quarterly experimental asking and paid rent estimates.
Rental vacancy rate
3.70%
+2.1 pts vs prior year
October 2025 survey · CMHC
Purpose-built apartments (6+ units); annual October survey.
Average rent, 2-bedroom
$2,364
+2.2% vs prior year
October 2025 survey · CMHC
Purpose-built rentals (row and apartment, 3+ units); annual October survey.
Asking rent, 2-bedroom apartment
$3,030
−4.1% vs 12 months earlier
Apr 1, 2026 · Statistics Canada
Experimental estimate from new listings; not what sitting tenants pay.
Paid rent, 2-bedroom apartment
$2,470
+7.4% vs 12 months earlier
Apr 1, 2026 · Statistics Canada
Experimental estimate of rent paid by all renter households.
Average rent by unit size (CMHC, 2025 survey)
| Unit | Average rent |
|---|---|
| Bachelor | $1,667 |
| One bedroom | $1,807 |
| Two bedroom | $2,364 |
| Three bedroom | $2,820 |
Asking vs paid rent (Statistics Canada, experimental)
Asking rents come from new listings; paid rents cover all renter households, including long-term tenants.
| Apartment | Asking | Paid | Reference |
|---|---|---|---|
| 1 bedroom | $2,280 | $1,890 | Apr 1, 2026 |
| 2 bedrooms | $3,030 | $2,470 | Apr 1, 2026 |