Cities

British Columbia

Vancouver

Mountains, ocean and a dense, walkable core, with some of Canada's highest home prices.

Residents
740,454
Statistics Canada estimate, July 2025
Median assessed home
$1.42M
2026 assessment
Households renting
54%
2021 census
Homes that are apartments
62%
2021 census

What renting costs in Vancouver1

Vancouver CMA, October 2025. Average monthly rent for apartments newly rented in the past year.

Studio
$1,886
new lease
1 bedroom
$2,107
new lease
2 bedroom
$2,696
new lease
3 bedroom or more
$3,455
new lease

A vacancy rate of 3.7% means a balanced market. Rents for existing two-bedroom units rose 2.2% over the year. A rental condo is pricier than a purpose-built apartment: the average two-bedroom condo rents for $2,900, about 23% more than the $2,363 average for all two-bedroom apartments.

Where they are2

Click an area to open its guide.

22 neighbourhoods to start

Filter by part of the city, price or safety, or sort to compare.

Downtown (2)

Dense high-rise living around the downtown peninsula.

Central (5)

Between downtown and the city's east and west sides, mostly along Broadway and Main.

West side (8)

Quieter, mostly detached-house neighbourhoods west of Cambie, with the highest values.

Established westside · West side

Arbutus Ridge

Quiet, mature westside area with houses and a lot of retirees, next to the Arbutus Greenway

Median home
$2.91M
Renters
41%
Crime vs city
Lower
Explore Arbutus Ridge →
Established westside · West side

Dunbar-Southlands

Detached homes, Dunbar Village and Pacific Spirit Park on the doorstep

Median home
$3.19M
Renters
26%
Crime vs city
Lower
Explore Dunbar-Southlands →
Established westside · West side

Kerrisdale

Village-style 41st Avenue shopping and quiet streets of large houses

Median home
$3.26M
Renters
40%
Crime vs city
Lower
Explore Kerrisdale →
Established westside · West side

Kitsilano

Beaches, West 4th and classic westside apartment living

Median home
$1.60M
Renters
58%
Crime vs city
Lower
Explore Kitsilano →
Established westside · West side

Marpole

Canada Line, river views and a mix of old and new housing at the city's south edge

Median home
$1.39M
Renters
59%
Crime vs city
Similar
Explore Marpole →
Established westside · West side

Oakridge

Oakridge Centre's redevelopment, two Canada Line stops and Langara College nearby

Median home
$2.60M
Renters
43%
Crime vs city
Lower
Explore Oakridge →
Established westside · West side

Shaughnessy

Heritage mansions, big lots and the highest home values in the city

Median home
$4.41M
Renters
28%
Crime vs city
Higher
Explore Shaughnessy →
Established westside · West side

West Point Grey

Beaches, Point Grey Road and UBC next door

Median home
$3.20M
Renters
40%
Crime vs city
Lower
Explore West Point Grey →

East side (7)

Larger, more affordable neighbourhoods east of Main with duplexes and houses.

Sources and notes

  1. Source: CMHC Rental Market Survey, privately initiated apartment buildings of three or more units. Figures cover the whole metro area, not individual neighbourhoods: expect less in older buildings farther out and more in new towers near transit or downtown. Houses, basement suites and rooms are not in the survey, and asking rents on listing sites can be higher than these averages. Each neighbourhood page shows the average rent for its CMHC survey zone. ↩
  2. Map boundaries load live from City of Vancouver open data. ↩