LANDLORDS, SAVE UP TO 40% ON OUR MOST POPULAR TOOLS THIS HOLIDAY

Vancouver Rent Reports 2024

Explore Vancouver’s rental market insights from 2024 with our comprehensive archive of monthly rent reports. Each report captures key details on average rental costs by unit type, vacancy conditions, and shifting market dynamics across the Metro Vancouver area. Whether you’re a renter, landlord, or industry observer, these reports provide a clear month-by-month view of how Vancouver’s rental landscape evolved throughout the year.

Vancouver Rent Report December 2024

Download PDF
Read Report

Vancouver Rent Report November 2024

Download PDF
Read Report

Vancouver Rent Report October 2024

Download PDF
Read Report

Vancouver Rent Report September 2024

Download PDF
Read Report

Vancouver Rent Report August 2024

Download PDF
Read Report

Vancouver Rent Report July 2024

Download PDF
Read Report

Vancouver Rent Report June 2024

Download PDF
Read Report

Vancouver Rent Report May 2024

Download PDF
Read Report

Vancouver Rent Report April 2024

Download PDF
Read Report

Vancouver Rent Report March 2024

Download PDF
Read Report

Vancouver Rent Report February 2024

Download PDF
Read Report

Vancouver Rent Report January 2024

Download PDF
Read Report

Frequently Asked Questions

What was the average rent in Vancouver in 2024?

In 2024, the average rent in Vancouver was approximately $2,650–$2,750/month for a one-bedroom and $3,600–$3,700 for a two-bedroom. The overall average across all unit types was around $2,900/month, keeping Vancouver at the top of Canada’s most expensive rental markets. Rental rates showed signs of softening by mid to late 2024, particularly for one-bedroom units.

How was the Vancouver rental market in 2024?

The Vancouver rental market in 2024 remained tight and highly competitive, with a low vacancy rate of around 1.6%. While rent growth slowed and some prices dipped, affordability remained a major concern due to persistently high rent levels. Turnover units often saw significant rent increases, further contributing to cost pressures for new tenants.