We can’t believe it’s already May and here we are almost halfway into 2021. This month, we’re looking at the latest realities of the cost of rent in Metro Vancouver and we have a fresh crop of new data to share.<\/p>\n\n\n\n
You can get the latest updates on the Vancouver rental market straight to your inbox when you <\/em><\/strong>subscribe<\/em><\/strong><\/a> to keep on top of the latest rent trends.<\/em><\/strong><\/p>\n\n\n\n Our monthly rent reports always identify and share key market data that supports our community of tenants and landlords by helping them to stay informed. Knowing the latest rental averages helps tenants navigate the rental landscape while helping landlords price their units according to the market.<\/p>\n\n\n\n Let’s take a look now at the cost of rent in Metro Vancouver<\/a> in May 2021. This data was manually gathered both from our own liv.rent<\/a> platform and other listings websites. Plus, you can also download a one-pager PDF to review it at a glance.<\/p>\n\n\n\n Jump to the following May Vancouver Rent Report sections: <\/em><\/strong><\/p>\n\n\n\n Average rent<\/a><\/p>\n\n Month-to-month rent change<\/a><\/p>\n\n Income to rent ratio<\/a><\/p>\n\n Rent per square foot<\/a><\/p>\n\n Renter demographics<\/a><\/p>\n\n Pet-friendly rentals<\/a><\/p>\n\n Unfurnished vs. furnished averages<\/a><\/p>\n\n Neighbourhood breakdown<\/a><\/p>\n\n