How much does it cost to rent an apartment in Vancouver?

Residents of Metro 麻豆传媒映画who are looking to score cheap rent may feel slightly deflated about this month's average apartment prices.

While prices haven't taken an enormous leap this month over last, March prices have increased slightly for the region and the City of 麻豆传媒映画continues to see the highest rent in Canada.

Metro Vancouver's rental prices for unfurnished, one-bedroom apartments have increased by $16 from $1,840 to $1,856 finds , a rental platform based in 麻豆传媒映画and creates monthly rent reports for the region.

The City of 麻豆传媒映画continues to see the highest rent of Canada's big cities, with average rents for unfurnished, one-bedroom apartments going for $2,039 in March. But report authors note that "most of the major price increases came from outside 麻豆传媒映画itself, where rent prices remained largely the same this month. Areas like Langley, Coquitlam and North Vancouver saw comparatively significant gains this month, particularly for unfurnished, one-bedroom units."

Another B.C. city, Victoria, has the second-highest rent in the country, with average listings selling for $1,835. Toronto follows in third, with unfurnished units selling for an average of $1,772. Ottawa rounded out the top fourth, with rentals averaging $1,660.

Across the region, there has been only one month out of the past six where prices declined on the aggregate, and that was a mere $4 drop from December to January.

Metro 麻豆传媒映画rent by city/municipality

麻豆传媒映画residents spend an average of 32.17 per cent of their income on rent, which Liv.rent notes is just above what financial advisors recommend spending.

Surrey is the least expensive city for unfurnished one-bedroom listings, at an average of just $1,449 this month. Langley follows, with average unfurnished one-bedroom units costing $1,641. New Westminster had the third-best market, with one-bedroom apartments averaging $1,712.

North 麻豆传媒映画has the most expensive unfurnished one-bedroom apartments this month, with rentals costing an average of $2,210. West 麻豆传媒映画has the second-highest rentals, with one-bedrooms costing an average of $2,040 this month. 麻豆传媒映画came third, with one-bedroom apartments costing $2,039.

This month, Downtown 麻豆传媒映画is the most expensive neighbourhood to rent an unfurnished, one-bedroom unit, at $2,327. Mount Pleasant and Fairview aren’t far behind, at $2,227 and $2,216 respectively.