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Here's how much it costs to rent a one-bedroom apartment in Metro Â鶹´«Ã½Ó³»­this April

Â鶹´«Ã½Ó³»­continues to see the most expensive rent in the country.
downtown-vancouver-rent
Liv.rent has released its monthly rent report for the Metro Vancouver, B.C. region for April 2022. It includes a breakdown of costs across the region.

Locals looking to see some relief from soaring rental costs will not find many options this April. 

A new report finds that Metro Vancouver’s average rental rates for an unfurnished, one-bedroom unit have risen to $1,908 this April from $1,856 in March. While the increase is negligible, it follows several increases over the past few months — and the region continues to see the highest rental prices in the country. 

, a rental platform based in Vancouver, finds that the average price of unfurnished, one-bedroom units in the City of Â鶹´«Ã½Ó³»­is also up 2.50 per cent.

All of the Metro Â鶹´«Ã½Ó³»­municipalities saw an in rental prices in April, with notably large increases in West Vancouver and North Vancouver, according to the report. 

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Photo via liv.rent

Metro Â鶹´«Ã½Ó³»­rent by city/municipality

North Â鶹´«Ã½Ó³»­has the highest rental rates for unfurnished, one-bedroom units in April at an average of $2,344. West Â鶹´«Ã½Ó³»­is the second most costly, with unfurnished apartments going for $2,196. 

The City of Â鶹´«Ã½Ó³»­had the region's third-highest unfurnished, one-bedroom units, with prices averaging $2,090.

Surrey has the region's most affordable rates, with one-bedroom apartments listed for $1,453 this month. 

Liv.rent notes that unfurnished rentals "saw steady increases almost across the board, while furnished rentals were quite a bit more volatile than in previous months."

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Photo via liv.rent

Downtown Â鶹´«Ã½Ó³»­is the most expensive neighbourhood in which to rent an unfurnished, one-bedroom unit, at $2,348. Mount Pleasant and Point Grey/UBC aren’t far behind, at $2,213 and $2,181 respectively.

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Photo via liv.rent

Where are the cheapest neighbourhoods to rent in Metro Vancouver? Have a look at this rental map to find the lowest price listings in the region.