Looking for a cheap place to rent in Â鶹´«Ã½Ó³»this March?
While there are some less expensive listings for rent on the market, the lion's share of available apartments costs significantly more than they do in other Canadian cities.
, an online rental company, has released average rental prices for Â鶹´«Ã½Ó³»in March 2022. This month the average rent for a one-bedroom apartment in Vancouver is $2,200, which represents a staggering 16 per cent increase compared to March 2021.
With this in mind, the company notes that the average price to rent a one-bedroom apartment in the city has remained flat since last month; the average rent for a 2-bedroom apartment also remained flat since February.
The average rent for a studio apartment has also remained flat in Â鶹´«Ã½Ó³»this month over last.
Quilchena was the most expensive neighbourhood to rent an apartment in the city, with one-bedrooms costing an average of $2,870. Perhaps unsurprisingly, Downtown Â鶹´«Ã½Ó³»was the second-most expensive place to rent an apartment in the city, with average one-bedroom apartments costing $2,450 this month.
The Cambie and Mt. Pleasant neighbourhoods tied for third, with rentals averaging $2,350. Riley Park-Little Mountain had the fourth-most expensive apartments, with rentals averaging $2,145.
The West End rounded out the top five, with apartments averaging $2,100.
Here are the average rents for Vancouver's neighbourhoods.
$2,450 | |
$2,100 | |
$2,350 | |
$2,095 | |
$2,000 | |
$1,500 | |
$1,965 | |
$1,800 | |
$2,050 | |
$2,050 | |
$2,145 | |
$2,080 | |
$1,850 | |
$1,975 | |
$1,800 | |
$2,000 | |
$2,350 | |
$1,795 | |
$2,870 | |
$1,500 | |
$1,750 | |
$1,898 | |
$1,750 | |
$1,600 |