It won’t surprise you to hear that Vancouver is the most expensive city to rent in Canada. But now we’re breaking records.
According to Padmapper, a website that collects rental data from 25 of Canada’s biggest cities, the average price of rent for a one-bedroom apartment in Vancouver just hit $2,090 a month.
The first time this type of property has cracked the $2,000 mark since Padmapper started tracking rental data.
In June the average price for renting a one-bedroom was $1,950. That’s a 2.5% jump in cost from June to July and year-over-year price of a one-bedroom in Vancouver has increased by 15.5%.
Similarly, rent for a two-bedroom grew by 2.5% in July to $3,230 a month.
Question: Do these numbers hold true for Kitsilano? Comment on this blog post with some real world information so that people new to the neighbourhood know what to expect.
Last modified: July 20, 2017
Kits may be a little cheaper than downtown Vancouver. I pay $1,600 for a one bedroom at York & Maple.
I pay 1165 for an older one bedroom (tiny kitchen) near 3rd and vine. Mind you, I’ve been there for five plus years and the rent has only been raised marginally since I moved in
I’ve lived in my 1+ den for 5 years and I pay 1550 It’s an older building, but it’s great.
$1600 for a basic 60+ years old apartment; rent jumped 25% from previous tenant
We pay $2175 for a 2 bed apartment in kits on 7th + yew
We pay $1,550 for a 2 bedroom at Arbutus and 5th. Been here 8.5 yrs. Was $1,250 when we moved in.