{"id":35567,"date":"2022-04-29T12:00:23","date_gmt":"2022-04-29T19:00:23","guid":{"rendered":"https:\/\/liv.rent\/blog\/?p=35567"},"modified":"2022-10-27T12:24:56","modified_gmt":"2022-10-27T19:24:56","slug":"may-2022-vancouver-rent-report","status":"publish","type":"post","link":"https:\/\/liv.rent\/blog\/rent-reports\/may-2022-vancouver-rent-report\/","title":{"rendered":"May 2022 Metro Vancouver Rent Report"},"content":{"rendered":"\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<div style=\"border: 1px solid black; text-align: left; margin: 20px 0;padding-top:15px;\">\n\n<ul><li><strong>\nAverage rent across the region is up $108 from April, at a new average of $2,194 per month for an unfurnished, one-bedrooom unit in Metro Vancouver. <\/strong>\n\n<\/li><li><strong>This month, the average price of unfurnished, one-bedroom units in Vancouver itself is up 7.97%.\n<\/strong>\n\n<\/li><li><strong>\nOn average, Metro Vancouver renters are now spending 38.09% of their monthly income on rent.\n<\/strong> <\/li><\/ul>\n<\/div>\n\n\n\n<p>Average rent across Metro Vancouver has soared this month, up a massive $108 since our April report. This May, we&#8217;ve seen huge increases in rental prices for the majority of communities in the region, leading Metro Vancouver&#8217;s average rent all the way to $2,016 this month. <\/p>\n\n\n\n<p style=\"text-align:center\"><strong><em>You can get the latest updates on the Vancouver rental market straight to your inbox when you <a href=\"https:\/\/315027fd.sibforms.com\/serve\/MUIEALxBmw-zX8J7nIDbE8Y0GsbO2XD2wyS5o8IJ7wVaedytZTfE-Ysnf2unVSDuBMQ_DiIreTYMftk3u84zjN-NZ459-r4fafSVJmvHqufcCZsHOdl9YPdQlyNO_8e-aEyO3JswcwrjPcNt9Ll22P85SQ6zAIiqlLhL9S2Es9edJgfjg0307yN6DptRbjGnHobRqNlUNRLczWrl\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">subscribe<\/a> to keep on top of the latest rent trends.<\/em><\/strong><\/p>\n\n\n\n<p>Let&#8217;s take a look now at the current rental costs and overarching trends in <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/vancouver\" target=\"_blank\">Vancouver<\/a> for May 2022. Don&#8217;t forget, you can download the entire report as a one-page infographic PDF below.<\/p>\n\n\n\n<p style=\"text-align:center\"><strong><em>Jump to the following Vancouver Rent Report sections: <\/em><\/strong><\/p>\n\n\n\n<div style=\"border: 1px solid black; text-align: center; margin: 20px 0;\">\n\n<p style=\"text-align: center;\"><a href=\"#average-rent\">Average rent<\/a><\/p>\n\n<p style=\"text-align: center;\"><a href=\"#month-to-month\">Month-to-month rent change<\/a><\/p>\n\n<p style=\"text-align: center;\"><a href=\"#income-to-rent\">Income to rent ratio<\/a><\/p>\n\n<p style=\"text-align: center;\"><a href=\"#square-foot\">Rent per square foot<\/a><\/p>\n\n<p style=\"text-align: center;\"><a href=\"#renter-demographics\">Renter demographics<\/a><\/p>\n\n<p style=\"text-align: center;\"><a href=\"#Pet-Friendly\">Pet-friendly rentals<\/a><\/p>\n\n<p style=\"text-align: center;\"><a href=\"#unfurnished-furnished\">Unfurnished vs. furnished averages<\/a><\/p>\n\n<p style=\"text-align: center;\"><a href=\"#city-breakdown\">City breakdown<\/a><\/p>\n\n<p style=\"text-align: center;\"><a href=\"#neighbourhood-breakdown\">Neighbourhood breakdown<\/a><\/p>\n\n<p style=\"text-align: center;\"><a href=\"#Most-Expensive-Cities-in-Canada\">Average rent in Canada<\/a><\/p>\n\n<p style=\"text-align: center;\"><a href=\"#Downloadable-Resources\">Downloadable resources<\/a><\/p><\/div>\n\n\n\n<style>\n  \n.background-downloadable-report-van-monthly-rent-report {\n  text-align: center;\n  color: #303030;\n  font-family: 'Inter', sans-serif;\n  font-size: 24px;\n}\n\n.cta-block-downloadable-report-van-monthly-rent-report p{\n  font-family: 'Inter', sans-serif;\n  color: #303030; \n  font-weight: 400;\n  text-align: center; \n  font-size: 16px;\n}\n\n.cta-block-downloadable-report-van-monthly-rent-report {\n  background-color: #F5F5F5;\n  border-radius: 16px;\n  padding: 30px;\n  text-align: center;\n  margin: 20px 0px;\n}\n.button-downloadable-report-van-monthly-rent-report{\n  margin-top: 20px;\n  padding: 12px 16px;\n  background: #1D415E;\n  border: 0px solid white;\n  box-shadow: 0px 6px 8px -2px rgba(29, 66, 94, 0.4), 0px 12px 16px rgba(32, 121, 193, 0.15);\n  border-radius: 6px;\n  cursor: pointer;\n  \n  font-family: 'Inter';\n  font-style: normal;\n  font-weight: 600;\n  font-size: 14px;\n  line-height: 16px;\n  text-align: center;\n  color: #FFFFFF;\n\n}\n  \n<\/style>\n\n\n<div class=\"background-downloadable-report-van-monthly-rent-report cta-block-downloadable-report-van-monthly-rent-report\">\n<h3><strong>Download The Latest Vancouver Rent Report<\/strong><\/h3>\n\n<p>For the complete Vancouver rent report including new neighbourhood breakdowns, download here.<\/p>\n\n<button id=\"downloadable-report-van-monthly-rent-report\" class=\"button-downloadable-report-van-monthly-rent-report\">Download Report<\/button>\n<\/div>\n\n\n\n<br><h2 id=\"average-rent\">Average rent across Metro Vancouver<\/h2>\n\n\n\n<p>May is looking to be a huge month for Metro Vancouver&#8217;s average rental prices, as prices have reached sky-high levels as we head into the peak rental season. This month, average rent for an unfurnished, one-bedroom unit across the region has risen as much as $108 to reach an all-time-high average of $2,016 per month. This month is also significant as most of the largest price increases once again came from <a rel=\"noreferrer noopener\" href=\"https:\/\/liv.rent\/rental-listings\/city\/vancouver\" target=\"_blank\">Vancouver<\/a> itself, as well as nearby communities like <a rel=\"noreferrer noopener\" aria-label=\"Burnaby (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/burnaby\" target=\"_blank\">Burnaby<\/a>, <a rel=\"noreferrer noopener\" href=\"https:\/\/liv.rent\/rental-listings\/city\/west-vancouver\" target=\"_blank\">West Vancouver<\/a> and <a rel=\"noreferrer noopener\" href=\"https:\/\/liv.rent\/rental-listings\/city\/north-vancouver\" target=\"_blank\">North Vancouver<\/a>. We&#8217;ll dive into some more detailed statistics and potential reasons for these hugely significant shifts throughout this report.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"717\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-3-1-1024x717.png\" alt=\"rental trends in Metro Vancouver for the May 2022 liv rent report\" class=\"wp-image-35641\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-3-1-1024x717.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-3-1-300x210.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-3-1-768x538.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-3-1-351x247.png 351w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-3-1.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<br>\n<style>\n.background-landlord-cta-free-rent-estimate {\n  text-align: center;\n  color: #303030;\n  font-family: 'Inter', sans-serif;\n  font-size: 24px;\n}\n\n.cta-block-landlord-cta-free-rent-estimate p{\n  font-family: 'Inter', sans-serif;\n  color: #303030; \n  font-weight: 400;\n  text-align: center; \n  font-size: 16px;\n}\n\n.cta-block-landlord-cta-free-rent-estimate {\n  background-color: #F5F5F5;\n  border-radius: 16px;\n  padding: 30px;\n  text-align: center;\n  margin: 20px 0px;\n}\n.button-landlord-cta-free-rent-estimate{\n  margin-top: 20px;\n  padding: 12px 16px;\n  background: #1D415E;\n  border: 0px solid white;\n  box-shadow: 0px 6px 8px -2px rgba(29, 66, 94, 0.4), 0px 12px 16px rgba(32, 121, 193, 0.15);\n  border-radius: 6px;\n  cursor: pointer;\n  \n  font-family: 'Inter';\n  font-style: normal;\n  font-weight: 600;\n  font-size: 14px;\n  line-height: 16px;\n  text-align: center;\n  color: #FFFFFF;\n\n}\n<\/style>\n\n<div class=\"background-landlord-cta-free-rent-estimate cta-block-landlord-cta-free-rent-estimate\">\n<h3><strong>Is your rental priced competitively?<\/strong><\/h3>\n\n<p>Find out with a <em>free<\/em> rent estimate. Our team of rental experts will calculate your unit&#8217;s true value based on your listing details &amp; current market trends.<\/p>\n\n<a href=\"https:\/\/landlords.liv.rent\/rentestimate\/\" target=\"_blank\" rel=\"noopener noreferrer\"><button id=\"button-landlord-cta-free-rent-estimate\" class=\"button-landlord-cta-free-rent-estimate\">Get Your Free Estimate<\/button><\/a>\n<\/div>\n<br>\n\n\n\n<br><h2 id=\"month-to-month\">Month-to-month rent change<\/h2>\n\n\n\n<p>Both furnished and unfurnished rental units experienced considerable volatility this month practically across the board, with significant increases in the majority of Metro Vancouver cities. <\/p>\n\n\n\n<p>In terms of unfurnished units, <a aria-label=\"Surrey (opens in a new tab)\" rel=\"noreferrer noopener\" href=\"https:\/\/liv.rent\/rental-listings\/city\/surrey\" target=\"_blank\">Surrey<\/a> (+12.25%), <a rel=\"noreferrer noopener\" aria-label=\"West Vancouver (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/west-vancouver\" target=\"_blank\">West Vancouver<\/a> (+9.63%), <a rel=\"noreferrer noopener\" aria-label=\"Burnaby (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/burnaby\" target=\"_blank\">Burnaby<\/a> (+9.55%) and <a rel=\"noreferrer noopener\" aria-label=\"Langley (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/langley\" target=\"_blank\">Langley<\/a> (+8.37%) saw the most significant increases this month, although many other communities weren&#8217;t far behind. Only <a rel=\"noreferrer noopener\" aria-label=\"North Vancouver (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/north-vancouver\" target=\"_blank\">North Vancouver<\/a> (-1.15%) and <a rel=\"noreferrer noopener\" aria-label=\"New Westminster (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/new-westminster\" target=\"_blank\">New Westminster<\/a> (-4.26%) saw declines for unfurnished, one-bedroom units this month. In the City of <a rel=\"noreferrer noopener\" aria-label=\"Vancouver (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/vancouver\" target=\"_blank\">Vancouver<\/a> itself, the average price for an unfurnished, one-bedroom unit is up a huge 7.97% this month.<\/p>\n\n\n\n<p>Furnished units were a bit more of a mixed bag this month, with some massive increases in price, matched by significant drops in other areas. West Vancouver is the most noticable among these changes, seeing a whopping +46.51% increase month-to-month. <a aria-label=\"Vancouver (opens in a new tab)\" rel=\"noreferrer noopener\" href=\"https:\/\/liv.rent\/rental-listings\/city\/vancouver\" target=\"_blank\">Vancouver<\/a> (+12.23%), <a rel=\"noreferrer noopener\" aria-label=\"North Vancouver (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/north-vancouver\" target=\"_blank\">North Vancouver<\/a> (+16.13%), and <a rel=\"noreferrer noopener\" aria-label=\"Burnaby (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/burnaby\" target=\"_blank\">Burnaby<\/a> (+9.26%) are also among the biggest movers this month. Elsewhere, <a rel=\"noreferrer noopener\" aria-label=\"Langley (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/langley\" target=\"_blank\">Langley<\/a> (-13.42%), <a rel=\"noreferrer noopener\" aria-label=\"Coquitlam (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/coquitlam\" target=\"_blank\">Coquitlam<\/a> (-12.68%), and <a rel=\"noreferrer noopener\" aria-label=\"Richmond (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/richmond\" target=\"_blank\">Richmond<\/a> (-10.42%) saw equally large drops in price this May.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"805\" height=\"1024\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-11-805x1024.png\" alt=\"percentage change in rental prices across metro vancouver via the May 2022 liv rent report\" class=\"wp-image-35574\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-11-805x1024.png 805w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-11-236x300.png 236w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-11-768x977.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-11.png 1200w\" sizes=\"(max-width: 805px) 100vw, 805px\" \/><\/figure>\n\n\n\n<div style=\"border: 2px solid lightcoral; text-align: center; margin: 20px 0%; padding: 20px; color: #BD8D7C;\">\n<p style=\"font-size: 16px;\"><b>Read More:<\/b> <a href=\"https:\/\/liv.rent\/blog\/2021\/07\/liv-rent-user-guide-for-renters\/\" target=\"_blank\" rel=\"noopener noreferrer\">The Ultimate Renter\u2019s Guide To Using liv.rent\n<\/a><\/p>\n<\/div>\n\n\n\n<br><h2 id=\"income-to-rent\">Income-to-rent ratio<\/h2>\n\n\n\n<p>We gather data on renters&#8217; income-to-rent ratio every month, and our most recent data shows that <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www2.gov.bc.ca\/gov\/content\/housing-tenancy\/residential-tenancies\" target=\"_blank\">renters in Vancouver<\/a> who use liv.rent are paying, on average, 38.09% of their income towards rent.<\/p>\n\n\n\n<p>While traditional financial advice would be to spend no more than 30% of your income on rent, this advice is perhaps not well suited to the realities of renting in cities like Vancouver \u2013 especially as prices continue their rapid ascent.<\/p>\n\n\n\n<p>Still, landlords and property managers should look to see that a tenant can reasonably afford rent compared to how much money they make as part of their <a href=\"https:\/\/liv.rent\/blog\/2021\/10\/how-to-screen-tenants\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">tenant screening process<\/a>.  <\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"473\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-7-1024x473.png\" alt=\"income to rent ratio for the vancouver May 2022 liv rent report\" class=\"wp-image-35578\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-7-1024x473.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-7-300x139.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-7-768x355.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-7.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<br><h2 id=\"square-foot\">Rent per square foot<\/h2>\n\n\n\n<p>Where&#8217;s the <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/2020\/10\/cheapest-neighbourhoods-for-rent-in-metro-vancouver\/\" target=\"_blank\">cheapest place to rent in Metro Vancouver<\/a> by how much space you get? This April, the least expensive cities for square footage are <a rel=\"noreferrer noopener\" aria-label=\"Surrey (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/surrey\" target=\"_blank\">Surrey<\/a>,  <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/west-vancouver\" target=\"_blank\">West Vancouver<\/a>, and <a rel=\"noreferrer noopener\" aria-label=\"Langley  (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/langley\" target=\"_blank\">Langley <\/a>while the most expensive remains <a rel=\"noreferrer noopener\" aria-label=\"Vancouver (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/vancouver\" target=\"_blank\">Vancouver<\/a> itself, with <a href=\"https:\/\/liv.rent\/rental-listings\/city\/burnaby\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Burnaby (opens in a new tab)\">Burnaby<\/a> not far behind.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"717\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-4-1-1024x717.png\" alt=\"average rent across metro vancouver for the May 2022 liv rent report\" class=\"wp-image-35642\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-4-1-1024x717.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-4-1-300x210.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-4-1-768x538.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-4-1-351x247.png 351w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-4-1.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div style=\"border: 2px solid lightcoral; text-align: center; margin: 30px 0; padding: 20px; color: #BD8D7C;\">\n<p style=\"font-size: 16px;margin: 0;\"><b>Read More:<\/b> <a href=\"https:\/\/liv.rent\/blog\/2021\/11\/how-much-to-charge-for-rent\/\" target=\"_blank\" rel=\"noopener noreferrer\">Landlord Guide: How Much Should I Charge For Rent?\n\n\n\n<\/a><\/p>\n<\/div>\n\n\n\n<br><h2 id=\"renter-demographics\">Renter demographics<\/h2>\n\n\n\n<p>Our liv.rent renter demographics have seen a significant shift in recent months, with more and more renters from different age groups now using the platform. We&#8217;re now seeing a much more even spread, particularly with the recent influx of renters aged 35+. With that being said, the majority of renters that make up our community are between the ages of 25-34.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"487\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-10-1024x487.png\" alt=\"renter demographics on the liv rent platform part of the May 2022 Vancouver rent report\" class=\"wp-image-35575\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-10-1024x487.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-10-300x143.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-10-768x365.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-10.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<br><h2 id=\"Pet-Friendly\">Pet-friendly rentals<\/h2>\n\n\n\n<p>We&#8217;re proud to say that liv.rent continues to be the rental platform with the most <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/vancouver?page=1&amp;pet_policy=ALLOWED\" target=\"_blank\">pet-friendly rentals<\/a>. This April, other rental platforms had just 29.00% of units available that were pet-friendly while on liv.rent, a whopping 56.00% of units were pet-friendly.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"454\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-6-1024x454.png\" alt=\"pet friendly rentals vs other platforms via the liv rent report for May 2022\" class=\"wp-image-35579\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-6-1024x454.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-6-300x133.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-6-768x340.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-6.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div style=\"border: 2px solid lightcoral; text-align: center; margin: 30px 0; padding: 20px; color: #BD8D7C;\">\n<p style=\"font-size: 16px;margin: 0;\"><b>&gt;&gt; Recommended Reading:<\/b> <a href=\"https:\/\/liv.rent\/blog\/2019\/07\/top-pet-friendly-neighbourhoods-in-vancouver\/\" target=\"_blank\" rel=\"noopener noreferrer\">The Top 8 Pet Friendly Neighbourhoods in Metro Vancouver<\/a><\/p>\n<\/div>\n\n\n\n<style type=\"text\/css\" style=\"display: none;\">\n  .featured-listings-wrapper {\n    margin: 40px auto;\n    padding: 30px 0;\n    border-top: 1px solid #e1e1e1;\n    border-bottom: 1px solid #e1e1e1;\n    max-width: 1094px;\n  }\n\n  .featured-listings-title {\n    font-family: \"Open Sans\", Arial, sans-serif;\n    font-size: 24px;\n    font-weight: 600;\n    letter-spacing: -0.58px;\n    line-height: 22px;\n    margin: 0 0 25px;\n  }\n\n  #featured-listings-root {\n    display: grid;\n    grid-template-columns: repeat(auto-fill, 245px);\n    grid-template-rows: repeat(1, 1fr);\n    grid-auto-rows: 0;\n    overflow-y: hidden;\n    grid-gap: 0 15px;\n    justify-content: center;\n    align-content: start;\n  }\n\n  .block-listing-card-wrapper {\n    width: 245px;\n    height: 175px;\n    cursor: pointer;\n    position: relative;\n    text-decoration: none;\n    display: flex;\n    align-items: flex-end;\n    overflow: hidden;\n    justify-self: center;\n    text-decoration: none !important;\n  }\n\n  .block-listing-card-body {\n    display: flex;\n    padding: 10px;\n    width: 100%;\n    background: linear-gradient(\n      180deg,\n      rgba(0, 0, 0, 0) 0%,\n      rgba(4, 4, 4, 0.8) 100%\n    );\n  }\n\n  .block-listing-card-detail-column {\n    display: flex;\n    flex: 1.2;\n    flex-direction: column;\n    white-space: nowrap;\n    overflow: hidden;\n    text-overflow: ellipsis;\n  }\n\n  .block-listing-card-pre-price-text {\n    font-family: \"Open Sans\", Arial, sans-serif;\n    text-shadow: rgba(0, 0, 0, 0.8) 0px 0px 3px;\n    font-size: 11px;\n    color: #fff !important;\n    margin: 0;\n  }\n\n  .block-listing-card-price-text {\n    font-family: \"Open Sans\", Arial, sans-serif;\n    text-shadow: rgba(0, 0, 0, 0.8) 0px 0px 3px;\n    font-size: 12px;\n    color: #fff !important;\n    margin: 0;\n    line-height: 18px;\n  }\n\n  .block-listing-card-price-text strong {\n    font-size: 18px;\n    font-weight: 600;\n  }\n\n  .block-listing-card-price-text-mobile {\n    display: none;\n  }\n\n  .block-listing-card-address-text {\n    font-family: \"Open Sans\", Arial, sans-serif;\n    text-shadow: rgba(0, 0, 0, 0.8) 0px 0px 3px;\n    font-size: 12px;\n    color: #fff !important;\n    line-height: 15px;\n    margin: 0;\n    text-overflow: ellipsis;\n    overflow: hidden;\n    white-space: nowrap;\n  }\n\n  .block-listing-card-detail-row {\n    display: none;\n  }\n\n  .block-listing-card-detail-text {\n    font-family: \"Open Sans\", Arial, sans-serif;\n    text-shadow: rgba(0, 0, 0, 0.8) 0px 0px 3px;\n 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25px;\n    }\n\n    .block-listing-card-wrapper {\n      width: 100%;\n      height: 130px;\n      max-width: 350px;\n      background-size: cover;\n    }\n\n    .block-listing-card-body {\n      padding: 4px;\n    }\n\n    .block-listing-card-detail-column {\n      flex: unset;\n    }\n\n    .block-listing-card-detail-row {\n      display: flex;\n      flex: 1;\n    }\n\n    .block-listing-card-pre-price-text {\n      display: none;\n    }\n\n    .block-listing-card-price-text {\n      display: none;\n    }\n\n    .block-listing-card-price-text-mobile {\n      display: block;\n      font-family: \"Open Sans\", Arial, sans-serif;\n      text-shadow: rgba(0, 0, 0, 0.8) 0px 0px 3px;\n      font-size: 12px;\n      color: #fff !important;\n      margin: 0;\n      line-height: 18px;\n    }\n\n    .block-listing-card-detail-text {\n      font-size: 12px;\n      line-height: 18px;\n      margin-left: 5px;\n      padding-left: 5px;\n      border-left: 1px solid #fff;\n    }\n\n    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fetch(url, options)\n        .then((res) => res.json())\n        .then((data) => {\n          const featured = data.data.listSearch.featured;\n          \/\/ const root = document.querySelector(\"div.related-post\");\n          \/\/ const root = document.querySelector(\"div.entry-content\");\n          const root = document.querySelector(\"#featured-block-root\");\n          let html = [];\n\n          featured.map((listing) => {\n            const isGroup = listing.gr_unit;\n\n            const ribbon = document.createElement(\"div\");\n            const ribbonText = document.createElement(\"p\");\n            ribbonText.innerHTML = \"Featured\";\n            ribbon.className = \"ribbon-wrapper\";\n            ribbon.style.background =\n              \"url('https:\/\/liv.rent\/blog\/wp-content\/uploads\/2020\/03\/ribbon.png') center no-repeat\";\n            ribbon.appendChild(ribbonText);\n\n            const prePriceText = isGroup\n              ? '<p class=\"block-listing-card-pre-price-text\">Starting at...<\/p>'\n              : \"\";\n            const price = isGroup\n              ? parseFloat(listing.gr_min_price)\n              : parseFloat(listing.price);\n            const priceFrequency = FREQUENCY[listing.price_frequency];\n            const mobilePriceFrequency =\n              FREQUENCY_MOBILE[listing.price_frequency];\n            const priceText =\n              '<p class=\"block-listing-card-price-text\"><strong>$' +\n              price +\n              \"<\/strong> \/ \" +\n              priceFrequency +\n              \"<\/p>\";\n            const mobilePriceText =\n              '<p class=\"block-listing-card-price-text-mobile\">$' +\n              price +\n              mobilePriceFrequency +\n              \"<\/p>\";\n            const address = listing.hide_unit_number\n              ? listing.street_name\n              : listing.full_street_name;\n            const addressText =\n              '<p class=\"block-listing-card-address-text\">' +\n              address +\n              \", \" +\n              listing.city +\n              \"<\/p>\";\n            const bedroomText =\n              '<p class=\"block-listing-card-detail-text\">' +\n              (listing.bedrooms > 0\n                ? parseFloat(listing.bedrooms) + \" Bed\"\n                : \"Studio\") +\n              \"<\/p>\";\n            const bathroomText =\n              '<p class=\"block-listing-card-detail-text\">' +\n              parseFloat(listing.bathrooms) +\n              \" Bath\" +\n              \"<\/p>\";\n\n            const cardBody =\n              '<div class=\"block-listing-card-body\"><div class=\"block-listing-card-detail-column\">' +\n              prePriceText +\n              priceText +\n              mobilePriceText +\n              addressText +\n              '<\/div><div class=\"block-listing-card-detail-row\">' +\n              bedroomText +\n              bathroomText +\n              \"<\/div><\/div><\/div>\";\n\n            const cardWrapper = document.createElement(\"a\");\n            cardWrapper.className = \"block-listing-card-wrapper\";\n            cardWrapper.setAttribute(\n              \"id\",\n              \"blog-featured-card-\" + listing.listing_id\n            );\n            cardWrapper.innerHTML = cardBody;\n            cardWrapper.setAttribute(\n              \"href\",\n              \"https:\/\/liv.rent\/rental-listings\/\" + listing.listing_id\n            );\n            const baseImageUrl = \"https:\/\/cdn.liv.rent\/350x262\/\";\n            const imageUrl = listing.cover_photo_aws_s3_key;\n            cardWrapper.style.background =\n              \"url(\" +\n              baseImageUrl +\n              imageUrl +\n              \") center center \/ cover no-repeat\";\n            cardWrapper.appendChild(ribbon);\n\n            return html.push(cardWrapper);\n          });\n\n          const listingsRoot = document.createElement(\"div\");\n          listingsRoot.setAttribute(\"id\", \"featured-listings-root\");\n          html.forEach((card) => {\n            listingsRoot.appendChild(card);\n          });\n\n          const titleText = document.createElement(\"h2\");\n          titleText.className = \"featured-listings-title\";\n          titleText.innerHTML = \"Featured Listings for Rent\";\n\n          const linkText = document.createElement(\"a\");\n          linkText.className = \"featured-listings-block-link\";\n          linkText.innerHTML = \"View all listings on liv.rent\";\n          linkText.setAttribute(\"href\", \"https:\/\/liv.rent\/rental-listings\/map\");\n\n          const innerWrapper = document.createElement(\"div\");\n          innerWrapper.className = \"featured-listings-grid-wrapper\";\n          innerWrapper.appendChild(listingsRoot);\n\n          const outterWrapper = document.createElement(\"div\");\n          outterWrapper.className = \"featured-listings-wrapper\";\n          outterWrapper.appendChild(titleText);\n          outterWrapper.appendChild(listingsRoot);\n          outterWrapper.appendChild(linkText);\n\n          \/\/ Insert Into\n          root.appendChild(outterWrapper);\n\n          \/\/ Insert Before\n          \/\/ root.parentNode.insertBefore(outterWrapper, root);\n\n          \/\/ Insert After\n          \/\/ root.parentNode.insertBefore(outterWrapper, root.nextSibling);\n        })\n        .catch(function (err) {\n          console.warn(\"Something went wrong.\", err);\n        });\n    },\n    false\n  );\n<\/script>\n\n<!-- Root div if not using existing or dynamic element as root -->\n<div id=\"featured-block-root\"><\/div>\n\n\n\n<br><h2 id=\"unfurnished-furnished\">Average unfurnished vs. furnished rates<\/h2>\n\n\n\n<p>The difference in average rent for furnished and unfurnished units is now $178 this April. At different points during the last year, furnished rentals were nearly level with unfurnished units in terms of average price \u2013 but now there&#8217;s a healthy gap in price between the two.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"657\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-2-1024x657.png\" alt=\"average rent for furnished vs unfurnished units via the May 2022 liv rent report\" class=\"wp-image-35583\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-2-1024x657.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-2-300x193.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-2-768x493.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-2.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<br>\n<style>\n.background-landlord-cta-free-rent-estimate {\n  text-align: center;\n  color: #303030;\n  font-family: 'Inter', sans-serif;\n  font-size: 24px;\n}\n\n.cta-block-landlord-cta-free-rent-estimate p{\n  font-family: 'Inter', sans-serif;\n  color: #303030; \n  font-weight: 400;\n  text-align: center; \n  font-size: 16px;\n}\n\n.cta-block-landlord-cta-free-rent-estimate {\n  background-color: #F5F5F5;\n  border-radius: 16px;\n  padding: 30px;\n  text-align: center;\n  margin: 20px 0px;\n}\n.button-landlord-cta-free-rent-estimate{\n  margin-top: 20px;\n  padding: 12px 16px;\n  background: #1D415E;\n  border: 0px solid white;\n  box-shadow: 0px 6px 8px -2px rgba(29, 66, 94, 0.4), 0px 12px 16px rgba(32, 121, 193, 0.15);\n  border-radius: 6px;\n  cursor: pointer;\n  \n  font-family: 'Inter';\n  font-style: normal;\n  font-weight: 600;\n  font-size: 14px;\n  line-height: 16px;\n  text-align: center;\n  color: #FFFFFF;\n\n}\n<\/style>\n\n<div class=\"background-landlord-cta-free-rent-estimate cta-block-landlord-cta-free-rent-estimate\">\n<h3><strong>Is your rental priced competitively?<\/strong><\/h3>\n\n<p>Find out with a <em>free<\/em> rent estimate. Our team of rental experts will calculate your unit&#8217;s true value based on your listing details &amp; current market trends.<\/p>\n\n<a href=\"https:\/\/landlords.liv.rent\/rentestimate\/\" target=\"_blank\" rel=\"noopener noreferrer\"><button id=\"button-landlord-cta-free-rent-estimate\" class=\"button-landlord-cta-free-rent-estimate\">Get Your Free Estimate<\/button><\/a>\n<\/div>\n<br>\n\n\n\n<br><h2 id=\"city-breakdown\">City&nbsp;breakdown&nbsp;<\/h2>\n\n\n\n<p>Metro Vancouver&#8217;s rental averages vary greatly across the region, so we&#8217;ve broken up our data by municipality\/city to compare the cost of one, two, and three-bedroom rates for both furnished and unfurnished units in different areas.<\/p>\n\n\n\n<ul><li><a rel=\"noreferrer noopener\" href=\"https:\/\/liv.rent\/rental-listings\/city\/west-vancouver\" target=\"_blank\">West Vancouver<\/a> has the most expensive unfurnished units on average, for one-, two-, and three-bedroom units.. <\/li><li><a rel=\"noreferrer noopener\" aria-label=\"Surrey (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/surrey\" target=\"_blank\">Surrey<\/a> remains the cheapest municiaplity for unfurnished, one-bedroom rental units at an average of $1,631 per month.<\/li><li><a rel=\"noreferrer noopener\" aria-label=\"West Vancouver (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/west-vancouver\" target=\"_blank\">North Vancouver<\/a> has the most expensive three-bedroom, furnished units at an average of $5,013 per month.<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"722\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-9-1024x722.png\" alt=\"average rent by listing type for unfurnished listings in Vancouver via the May 2022 liv rent report\" class=\"wp-image-35576\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-9-1024x722.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-9-300x212.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-9-768x541.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-9-351x247.png 351w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-9.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"722\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-8-1024x722.png\" alt=\"average rent by listing type for furnished listings in Vancouver via the May 2022 liv rent report\" class=\"wp-image-35577\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-8-1024x722.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-8-300x212.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-8-768x541.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-8-351x247.png 351w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-8.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<br>\n<style>\n.background-landlord-cta-landlord-dashboard {\n  text-align: center;\n  color: #303030;\n  font-family: 'Inter', sans-serif;\n  font-size: 24px;\n}\n\n.cta-block-landlord-cta-landlord-dashboard p{\n  font-family: 'Inter', sans-serif;\n  color: #303030; \n  font-weight: 400;\n  text-align: center; \n  font-size: 16px;\n}\n\n.cta-block-landlord-cta-landlord-dashboard {\n  background-color: #F5F5F5;\n  border-radius: 16px;\n  padding: 30px;\n  text-align: center;\n  margin: 20px 0px;\n}\n.button-landlord-cta-landlord-dashboard {\n  margin-top: 20px;\n  padding: 12px 16px;\n  background: #1D415E;\n  border: 0px solid white;\n  box-shadow: 0px 6px 8px -2px rgba(29, 66, 94, 0.4), 0px 12px 16px rgba(32, 121, 193, 0.15);\n  border-radius: 6px;\n  cursor: pointer;\n  \n  font-family: 'Inter';\n  font-style: normal;\n  font-weight: 600;\n  font-size: 14px;\n  line-height: 16px;\n  text-align: center;\n  color: #FFFFFF;\n\n}\n  \n<\/style>\n\n<div class=\"background-landlord-cta-landlord-dashboard cta-block-landlord-cta-landlord-dashboard\">\n<p><b>Gain comprehensive insights about your listings with the new liv.rent <a href=\"https:\/\/liv.rent\/blog\/livrent\/landlord-dashboard-digital-tools-for-landlords-property-managers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Landlord listing Dashboard<\/a>.<\/b> <a href=\"https:\/\/liv.rent\/app\/\" target=\"_blank\" rel=\"noopener noreferrer\">Sign in<\/a> to unlock live insights &#8211; find out the average rent for a comparable property, number of views your listing received and more!<\/p>\n\n<a href=\"https:\/\/liv.rent\/blog\/livrent\/landlord-dashboard-digital-tools-for-landlords-property-managers\/\" target=\"_blank\" rel=\"noopener noreferrer\"><button id=\"button-landlord-cta-landlord-dashboard\" class=\"button-landlord-cta-landlord-dashboard\">Learn More<\/button><\/a>\n<\/div>\n\n\n\n<br><h2 id=\"neighbourhood-breakdown\">Neighbourhood breakdown<\/h2>\n\n\n\n<p>We&#8217;ve broken down Vancouver into its individual neighbourhoods for a more complete look at the city&#8217;s rental markets. For a further breakdown of neighbourhoods in municipalities and cities outside of Vancouver, be sure to <a href=\"#Downloadable-Resources\">download<\/a> our complete Rent Report.<\/p>\n\n\n\n<p>Let&#8217;s take a look now at some of the latest averages from Vancouver&#8217;s many unique neighbourhoods. This May, Arbutus has become the most costly neighbourhood in the city at $2,339, compared to Downtown Vancouver&#8217;s average of $2,289. <\/p>\n\n\n\n<p>You can take a look at our neighbourhood breakdown for unfurnished units in Vancouver here. For the complete report, including furnished rentals for Vancouver neighbourhoods as well as full information for other cities in Metro Vancouver, be sure to download your copy below.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"684\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-12-1024x684.png\" alt=\"average rent by Vancouver neighbourhood via the May 2022 liv rent report\" class=\"wp-image-35573\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-12-1024x684.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-12-225x150.png 225w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-12-300x201.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-12-768x513.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-12-345x230.png 345w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-12-770x513.png 770w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-12-370x247.png 370w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-12-440x294.png 440w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-12-570x380.png 570w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-12-170x113.png 170w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-12.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<br><h2 id=\"Most-Expensive-Cities-in-Canada\">Most expensive cities in Canada<\/h2>\n\n\n\n<p>Vancouver remains the most expensive city in Canada to rent in terms of unfurnished one-bedroom units, with the average one-bedroom, unfurnished unit in the city going for $2,257. <a rel=\"noreferrer noopener\" href=\"https:\/\/liv.rent\/blog\/category\/rent-reports\/toronto\/\" target=\"_blank\">Average rent in Toronto<\/a> is up once again, and the city is now the second-most expensive city in Canada once again. <a href=\"https:\/\/liv.rent\/rental-listings\/city\/mississauga\">Mississauga<\/a> has interestingly emerged as Canada&#8217;s third-most expensive city to rent in, this month after seeing significant price increases, and <a href=\"https:\/\/liv.rent\/rental-listings?cities=Victoria\">Victoria<\/a> has moved to the fourth spot with an average of $1,835.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"441\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-5-1-1024x441.png\" alt=\"most expensive cities to rent in Canada via the May 2022 liv rent report\" class=\"wp-image-35661\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-5-1-1024x441.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-5-1-300x129.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-5-1-768x331.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-5-1-1164x500.png 1164w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-5-1.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"Downloadable-Resources\">Downloadable resources<\/h2>\n\n\n\n<ul class=\"wp-block-gallery columns-2 is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\"><li class=\"blocks-gallery-item\"><figure><img decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Vancouver-Avg-1024x1024.png\" alt=\"\" data-id=\"33578\" data-link=\"https:\/\/liv.rent\/blog\/2021-10-07_zoom_ig_vancouver-avg\/\" class=\"wp-image-33578\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Vancouver-Avg-1024x1024.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Vancouver-Avg-300x300.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Vancouver-Avg-768x768.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Vancouver-Avg-170x170.png 170w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Vancouver-Avg-370x370.png 370w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Vancouver-Avg-440x440.png 440w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Vancouver-Avg.png 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/li><li class=\"blocks-gallery-item\"><figure><img decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Vancouver-Trend-1024x1024.png\" alt=\"\" data-id=\"33577\" data-link=\"https:\/\/liv.rent\/blog\/2021-10-07_zoom_ig_vancouver-trend\/\" class=\"wp-image-33577\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Vancouver-Trend-1024x1024.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Vancouver-Trend-300x300.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Vancouver-Trend-768x768.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Vancouver-Trend-170x170.png 170w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Vancouver-Trend-370x370.png 370w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Vancouver-Trend-440x440.png 440w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Vancouver-Trend.png 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/li><\/ul>\n\n\n\n<p>Make Zoom calls fun and informative when you use the <a href=\"https:\/\/liv.rent\/blog\/category\/rent-reports\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">latest rental averages<\/a> and trends as your virtual background.<\/p>\n\n\n\n<style>\n.myDivDownload {\n  background-color: #FFF2E7;    \n  text-align: center;\n  padding: 30px 5px 30px 5px;\n  font-size: 18px;\n}\n<\/style>\n<div class=\"myDivDownload\">\n<p><strong>Free Virtual Backgrounds: <a href=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Zoom.zip\" target=\"_blank\" rel=\"noopener noreferrer\">Download Here<\/a><\/strong><\/p>\n<\/div>\n\n\n\n<style>\n  \n.background-downloadable-report-van-monthly-rent-report {\n  text-align: center;\n  color: #303030;\n  font-family: 'Inter', sans-serif;\n  font-size: 24px;\n}\n\n.cta-block-downloadable-report-van-monthly-rent-report p{\n  font-family: 'Inter', sans-serif;\n  color: #303030; \n  font-weight: 400;\n  text-align: center; \n  font-size: 16px;\n}\n\n.cta-block-downloadable-report-van-monthly-rent-report {\n  background-color: #F5F5F5;\n  border-radius: 16px;\n  padding: 30px;\n  text-align: center;\n  margin: 20px 0px;\n}\n.button-downloadable-report-van-monthly-rent-report{\n  margin-top: 20px;\n  padding: 12px 16px;\n  background: #1D415E;\n  border: 0px solid white;\n  box-shadow: 0px 6px 8px -2px rgba(29, 66, 94, 0.4), 0px 12px 16px rgba(32, 121, 193, 0.15);\n  border-radius: 6px;\n  cursor: pointer;\n  \n  font-family: 'Inter';\n  font-style: normal;\n  font-weight: 600;\n  font-size: 14px;\n  line-height: 16px;\n  text-align: center;\n  color: #FFFFFF;\n\n}\n  \n<\/style>\n\n\n<div class=\"background-downloadable-report-van-monthly-rent-report cta-block-downloadable-report-van-monthly-rent-report\">\n<h3><strong>Download The Latest Vancouver Rent Report<\/strong><\/h3>\n\n<p>For the complete Vancouver rent report including new neighbourhood breakdowns, download here.<\/p>\n\n<button id=\"downloadable-report-van-monthly-rent-report\" class=\"button-downloadable-report-van-monthly-rent-report\">Download Report<\/button>\n<\/div>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Rental resources for B.C. renters<\/h2>\n\n\n\n<p>You can read these comprehensive guides for more information on renting in B.C. and using liv.rent to streamline your rental process.<\/p>\n\n\n\n<ul><li><strong><a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/2019\/09\/residential-tenancy-agreement-explained\/\" target=\"_blank\">BC Residential Tenancy Agreement Explained<\/a><\/strong><\/li><li><strong><a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/2020\/08\/2020-guide-to-bc-tenancy-forms\/\" target=\"_blank\">Guide to BC Tenancy Forms<\/a><\/strong><br><\/li><li><a rel=\"noreferrer noopener\" aria-label=\"The Complete User Guide To liv.rent For Landlords &amp; Property Managers (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/2021\/06\/liv-rent-user-guide-landlords-and-property-managers\/\" target=\"_blank\"><strong>The Complete User Guide To liv.rent For Landlords &amp; Property Managers<\/strong><\/a><\/li><li><a rel=\"noreferrer noopener\" aria-label=\"The Ultimate Renter\u2019s Guide To Using liv.rent (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/2021\/07\/liv-rent-user-guide-for-renters\/\" target=\"_blank\"><strong>The Ultimate Renter\u2019s Guide To Using liv.rent<\/strong><\/a><\/li><\/ul>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<br>\n<style>\n.button-rethink-way-you-rent-monthly-report {\n  background-color: #7495AC;\n  border: 5px #26425C;\n  color: white;\n  padding: 10px 30px;\n  text-align: center;\n  text-decoration: none;\n  display: inline-block;\n  font-size: 15px;\n  margin: 5px 0px 20px 0px;\n}\n<\/style>\n<img decoding=\"async\" class=\"alignleft wp-image-23097\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2020\/08\/Digital-Contracts-Cropped-2.gif\" alt=\"Find apartments &amp; houses for rent with the liv.rent app\" width=\"196\" height=\"370\" style=\"float:left;\">\n\n<h2 style=\"color: #3E5B77;\">Rethink The Way You Rent<\/h2>\n\n<p>Not on <strong><a href=\"https:\/\/liv.rent\/\" target=\"_blank\" rel=\"noopener noreferrer\">liv.rent<\/a><\/strong> yet? Experience the ease of digital applications &amp; contracts, verified tenants &amp; landlords, virtual tours and more \u2013 all on one platform. <strong><a href=\"https:\/\/liv.rent\/pricing\" target=\"_blank\" rel=\"noopener noreferrer\">Sign up for free<\/a><\/strong> or <strong><a href=\"https:\/\/www.liv.rent\/download\" target=\"_blank\" rel=\"noopener noreferrer\">download the app<\/a><\/strong>.<\/p>\n\n<a href=\"https:\/\/liv.rent\/features\" target=\"_blank\" rel=\"noopener noreferrer\"><button class=\"button-rethink-way-you-rent-monthly-report\">Learn More<\/button><\/a>\n\n<p style=\"color: #3E5B77\"><strong><a href=\"https:\/\/315027fd.sibforms.com\/serve\/MUIEALxBmw-zX8J7nIDbE8Y0GsbO2XD2wyS5o8IJ7wVaedytZTfE-Ysnf2unVSDuBMQ_DiIreTYMftk3u84zjN-NZ459-r4fafSVJmvHqufcCZsHOdl9YPdQlyNO_8e-aEyO3JswcwrjPcNt9Ll22P85SQ6zAIiqlLhL9S2Es9edJgfjg0307yN6DptRbjGnHobRqNlUNRLczWrl\" target=\"_blank\" rel=\"noopener noreferrer\">Subscribe<\/a><\/strong> to receive these monthly updates on the Vancouver rental market. Discover last month&#8217;s Rent Reports below:<\/p><p>\n\n<a href=\"https:\/\/liv.rent\/blog\/2022\/04\/april-2022-metro-vancouver-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">April 2022 Vancouver Rent Report<\/a><br>\n\n<a href=\"https:\/\/liv.rent\/blog\/2022\/04\/april-2022-toronto-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">April 2022 Toronto Rent Report<\/a>\n\n<br>\n<a href=\"https:\/\/liv.rent\/blog\/2022\/04\/April-2022-montreal-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">April 2022 Montreal Rent Report<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Average rent across the region is up $108 from April, at a new average of $2,194 per month for an unfurnished, one-bedrooom unit in Metro Vancouver. This month, the average price of unfurnished, one-bedroom units in Vancouver itself is up 7.97%. On average, Metro Vancouver renters are now spending 38.09% of their monthly income on [&hellip;]<\/p>\n","protected":false},"author":28,"featured_media":35585,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false},"categories":[292,133],"tags":[399,349],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>May 2022 Metro Vancouver Rent Report | liv.rent blog<\/title>\n<meta name=\"description\" content=\"May 2022 brings significantly higher average rent across Metro Vancouver. Here&#039;s the latest rental data, statistics and trends for the area from liv.rent.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/liv.rent\/blog\/rent-reports\/may-2022-vancouver-rent-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"May 2022 Metro Vancouver Rent Report | liv.rent blog\" \/>\n<meta property=\"og:description\" content=\"May 2022 brings significantly higher average rent across Metro Vancouver. Here&#039;s the latest rental data, statistics and trends for the area from liv.rent.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/liv.rent\/blog\/rent-reports\/may-2022-vancouver-rent-report\/\" \/>\n<meta property=\"og:site_name\" content=\"liv.rent blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/liv.rent\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-29T19:00:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-27T19:24:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/04\/RentReport_Vancouver_May_2022_EN_Blog-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Greg Park\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@liv_rent\" \/>\n<meta name=\"twitter:site\" content=\"@liv_rent\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Greg Park\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/liv.rent\/blog\/rent-reports\/may-2022-vancouver-rent-report\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/liv.rent\/blog\/rent-reports\/may-2022-vancouver-rent-report\/\"},\"author\":{\"name\":\"Greg Park\",\"@id\":\"https:\/\/liv.rent\/blog\/#\/schema\/person\/06d5a70e14d7c8724842f55ecb819a06\"},\"headline\":\"May 2022 Metro Vancouver Rent Report\",\"datePublished\":\"2022-04-29T19:00:23+00:00\",\"dateModified\":\"2022-10-27T19:24:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/liv.rent\/blog\/rent-reports\/may-2022-vancouver-rent-report\/\"},\"wordCount\":1246,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/liv.rent\/blog\/#organization\"},\"keywords\":[\"Rent Report\",\"Vancouver\"],\"articleSection\":[\"Rent Reports\",\"Vancouver\"],\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/liv.rent\/blog\/rent-reports\/may-2022-vancouver-rent-report\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/liv.rent\/blog\/rent-reports\/may-2022-vancouver-rent-report\/\",\"url\":\"https:\/\/liv.rent\/blog\/rent-reports\/may-2022-vancouver-rent-report\/\",\"name\":\"May 2022 Metro Vancouver Rent Report | liv.rent blog\",\"isPartOf\":{\"@id\":\"https:\/\/liv.rent\/blog\/#website\"},\"datePublished\":\"2022-04-29T19:00:23+00:00\",\"dateModified\":\"2022-10-27T19:24:56+00:00\",\"description\":\"May 2022 brings significantly higher average rent across Metro Vancouver. 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