{"id":36204,"date":"2022-06-29T09:00:26","date_gmt":"2022-06-29T16:00:26","guid":{"rendered":"https:\/\/liv.rent\/blog\/?p=36204"},"modified":"2023-07-25T10:29:39","modified_gmt":"2023-07-25T17:29:39","slug":"july-2022-metro-vancouver-rent-report","status":"publish","type":"post","link":"https:\/\/liv.rent\/blog\/rent-reports\/july-2022-metro-vancouver-rent-report\/","title":{"rendered":"July 2022 Metro Vancouver Rent Report"},"content":{"rendered":"\n<hr class=\"wp-block-separator has-css-opacity\"\/>\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 prices across Metro Vancouver have dropped slightly from June, down $27 to a new average of $2,029 per month for an unfurnished, one-bedroom unit.<\/strong>\n\n<\/li><li><strong>North Vancouver has become Metro Vancouver&#8217;s, and Canada&#8217;s, most expensive city to rent unfurnished, one-bedroom units.\n<\/strong>\n\n<\/li><li><strong>\nDespite slight drop across Metro Vancouver, average monthly rent for unfurnished, one-bedroom units in the city of Vancouver did see a continual increase of $63 this July.\n<\/strong> <\/li><\/ul>\n<\/div>\n\n\n\n<p>Average rent prices across Metro Vancouver have fallen slightly this July, with a $27 drop since last month. Despite many significant price increases in individual communities, prices have cooled off slightly on the aggregate as we head deeper into the busy summer renting months.<\/p>\n\n\n\n<p class=\"has-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 July 2022. Don&#8217;t forget, you can download the entire report as a one-page infographic PDF below.<\/p>\n\n\n\n<p class=\"has-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>\n\n<p style=\"text-align: center;\"><a href=\"#methodology\">Data collection methodology<\/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>July brings a welcome cool-off period for Metro Vancouver&#8217;s rent prices, with a slight drop from $2,056 in June to a new average of $2029. This $27 decrease comes after months of steady increases, signalling that the region&#8217;s rental prices may have peaked \u2014 or at least temporarily settled in at these new highs. <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 saw moderate increases in rental prices, with more significant shifts in a variety of Metro Vancouver cities. We&#8217;ll cover these changes and potential catalysts as we dive deeper into this month&#8217;s data, statistics and trends.<\/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\/06\/RentReport_Vancouver_July_2022_EN_Blog-3-1024x717.png\" alt=\"rental trends for unfurnished one bedroom units in Metro Vancouver part of the July 2022 Vancouver rent report\" class=\"wp-image-36216\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-3-1024x717.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-3-300x210.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-3-768x538.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-3-351x247.png 351w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-3.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>July saw some large changes in rent prices in many Metro Vancouver communities, with both furnished and unfurnished units experiencing more pronounced changes than in previous months.<\/p>\n\n\n\n<p>Looking more closely at unfurnished units, <a rel=\"noreferrer noopener\" href=\"https:\/\/liv.rent\/rental-listings\/city\/new-westminster\" target=\"_blank\">New Westminster<\/a> (+11.68%), <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> (+8.29%), and Vancouver itself (+7.70%) saw the most notable price increases this month. The most notable decreases this month were in <a rel=\"noreferrer noopener\" href=\"https:\/\/liv.rent\/rental-listings\/city\/coquitlam\" target=\"_blank\">Coquitlam<\/a> (-7.85%), <a rel=\"noreferrer noopener\" href=\"https:\/\/liv.rent\/rental-listings\/city\/langley\" target=\"_blank\">Langley<\/a> (-6.49%), 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> (-4.90%).<\/p>\n\n\n\n<p>Furnished units were much more volatile this July, as we&#8217;ve become accustomed to seeing. <a aria-label=\"North Vancouver (opens in a new tab)\" rel=\"noreferrer noopener\" href=\"https:\/\/liv.rent\/rental-listings\/city\/north-vancouver\" target=\"_blank\">North Vancouver<\/a> saw a massive +40.87% increase month-to-month, with similarly large increases in <a rel=\"noreferrer noopener\" aria-label=\"Surrey (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/surrey\" target=\"_blank\">Surrey<\/a> (+26.19%). The only major decrease this month occurred in <a rel=\"noreferrer noopener\" aria-label=\"Burnaby (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/burnaby\" target=\"_blank\">Burnaby<\/a> (-14.52%), with primarily smaller changes in the remaining Metro Vancouver communities.<\/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\/06\/RentReport_Vancouver_July_2022_EN_Blog-11-805x1024.png\" alt=\"percentage change in rental prices across metro vancouver via the July 2022 liv rent report\" class=\"wp-image-36210\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-11-805x1024.png 805w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-11-236x300.png 236w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-11-768x977.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_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, 37.44% 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\/06\/RentReport_Vancouver_July_2022_EN_Blog-7-1024x473.png\" alt=\"income to rent ratio for the Vancouver July 2022 liv rent report\" class=\"wp-image-36207\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-7-1024x473.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-7-300x139.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-7-768x355.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_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 July, the least expensive cities for square footage are <a rel=\"noreferrer noopener\" href=\"https:\/\/liv.rent\/rental-listings\/city\/surrey\" target=\"_blank\">Surrey<\/a>, <a rel=\"noreferrer noopener\" aria-label=\"Langley  (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/langley\" target=\"_blank\">Langley<\/a>, and <a aria-label=\"Coquitlam (opens in a new tab)\" rel=\"noreferrer noopener\" href=\"https:\/\/liv.rent\/rental-listings\/city\/coquitlam\" target=\"_blank\">Coquitlam<\/a> while the most expensive this month is <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 rel=\"noreferrer noopener\" href=\"https:\/\/liv.rent\/rental-listings\/city\/new-westminster\" target=\"_blank\">New Westminster<\/a>, <a aria-label=\"North Vancouver (opens in a new tab)\" rel=\"noreferrer noopener\" href=\"https:\/\/liv.rent\/rental-listings\/city\/north-vancouver\" target=\"_blank\">North Vancouver<\/a>, and <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/richmond\" target=\"_blank\">Richmond<\/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\/06\/RentReport_Vancouver_July_2022_EN_Blog-4-1024x717.png\" alt=\"average rent across metro vancouver for the July 2022 liv rent report\" class=\"wp-image-36215\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-4-1024x717.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-4-300x210.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-4-768x538.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-4-351x247.png 351w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-4.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\/06\/RentReport_Vancouver_July_2022_EN_Blog-10-1024x487.png\" alt=\"renter demographics on the liv rent platform part of the July 2022 Vancouver rent report\" class=\"wp-image-36211\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-10-1024x487.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-10-300x143.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-10-768x365.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_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 July, other rental platforms had just 25.00% of units available that were pet-friendly while on liv.rent, as much as 48.00% 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\/06\/RentReport_Vancouver_July_2022_EN_Blog-6-1024x454.png\" alt=\"pet friendly rentals vs other platforms via the liv rent report for July 2022\" class=\"wp-image-36214\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-6-1024x454.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-6-300x133.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-6-768x340.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_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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'<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 gap in price between furnished and unfurnished rentals has widened this July, with furnished units now $320 more expensive than unfurnished ones this month. This is a much more typical price difference than we&#8217;ve seen in previous months, so landlords who are able to rent their units furnished will be able to charge significantly more for rent \u2014 especially during the busy summer months and as students return to school.<\/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\/06\/RentReport_Vancouver_July_2022_EN_Blog-2-1024x657.png\" alt=\"average rent for furnished vs unfurnished units via the July 2022 liv rent report\" class=\"wp-image-36217\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-2-1024x657.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-2-300x193.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-2-768x493.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_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>\n<li><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> has taken the title of Metro Vancouver&#8217;s most expensive municipality for both furnished and unfurnished one-bedroom units.<\/li>\n\n\n\n<li><a rel=\"noreferrer noopener\" aria-label=\"Langley (opens in a new tab)\" href=\"https:\/\/liv.rent\/rental-listings\/city\/Langley\" target=\"_blank\">Langley<\/a> has replaced Surrey as the cheapest place to rent unfurnished, one-bedroom units at an average of $1,622 per month.<\/li>\n\n\n\n<li>Three-bedroom, unfurnished units in <a href=\"https:\/\/liv.rent\/rental-listings\/city\/vancouver\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Vancouver (opens in a new tab)\">Vancouver<\/a> have soared to an average of $4,705 per month <\/li>\n<\/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\/06\/RentReport_Vancouver_July_2022_EN_Blog-9-1024x722.png\" alt=\"average rent by listing type for unfurnished listings in Vancouver via the July 2022 liv rent report\" class=\"wp-image-36212\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-9-1024x722.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-9-300x212.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-9-768x541.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-9-351x247.png 351w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_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\/06\/RentReport_Vancouver_July_2022_EN_Blog-8-1024x722.png\" alt=\"average rent by listing type for furnished listings in Vancouver via the July 2022 liv rent report\" class=\"wp-image-36213\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-8-1024x722.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-8-300x212.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-8-768x541.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-8-351x247.png 351w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_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 July, Fairview has taken the title of Vancouver&#8217;s most costly neighbourhood at an average of $2,618 per month for an unfurnished, one-bedroom unit. <\/p>\n\n\n\n<p>You can take a look at our neighbourhood breakdown for unfurnished units in Vancouver <a href=\"#Downloadable-Resources\">here<\/a>. 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\/06\/RentReport_Vancouver_July_2022_EN_Blog-12-1024x684.png\" alt=\"average rent by Vancouver neighbourhood via the July 2022 liv rent report\" class=\"wp-image-36209\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-12-1024x684.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-12-225x150.png 225w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-12-300x201.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-12-768x513.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-12-345x230.png 345w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-12-770x513.png 770w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-12-370x247.png 370w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-12-440x294.png 440w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-12-570x380.png 570w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-12-170x113.png 170w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_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><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> has become Canada&#8217;s most expensive city to rent in terms of unfurnished one-bedroom units, with the average one-bedroom, unfurnished unit in the municipality going for $2,509. <a href=\"https:\/\/liv.rent\/rental-listings\/city\/burnaby\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Burnaby (opens in a new tab)\">Burnaby<\/a> has also made it onto the list this month with a monthly average rent of $1,997, and <a rel=\"noreferrer noopener\" href=\"https:\/\/liv.rent\/blog\/category\/rent-reports\/toronto\/\" target=\"_blank\">average rent in Toronto<\/a> has risen slightly to $1,959 this month to make it Canada&#8217;s fourth-most expensive city this July.<\/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\/06\/RentReport_Vancouver_July_2022_EN_Blog-5-1024x441.png\" alt=\"most expensive cities to rent in Canada via the July 2022 liv rent report\" class=\"wp-image-36208\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-5-1024x441.png 1024w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-5-300x129.png 300w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-5-768x331.png 768w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-5-1164x500.png 1164w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2022\/06\/RentReport_Vancouver_July_2022_EN_Blog-5.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"Downloadable-Resources\">Downloadable resources<\/h2>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"1024\" data-id=\"33578\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Vancouver-Avg-1024x1024.png\" alt=\"\" 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>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"1024\" height=\"1024\" data-id=\"33577\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2021\/11\/2021-10-07_Zoom_IG_Vancouver-Trend-1024x1024.png\" alt=\"\" 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>\n<\/figure>\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\/06\/RentReport_Vancouver_July_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 has-css-opacity\"\/>\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>\n<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>\n\n\n\n<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>\n\n\n\n<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>\n\n\n\n<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>\n<\/ul>\n\n\n\n<br><h2 id=\"methodology\">Data collection methodology<\/h2>\n\n\n\n<font size= \"2\"><i>\n<p>Our monthly rent reports use data from our own liv.rent listings, as well as data our team manually collects from other popular listing sites &#8211; looking at available basement suites, apartments, condos, townhouses, semi-detached houses, and single-detached houses for each area.<\/p>\n\n<p>When collecting this data, we do exclude luxury properties listed at over $5,000, as well as rooms for rent and shared accommodation.  Investing in manual data collection means that we only consider the current month\u2019s listing, since we can filter out duplicate listings and older ads that haven\u2019t been removed. <\/p>\n\n<p>Another key difference between our data collection methods and some government agencies like the CMHC is that we only include current asking rent prices. Many official reports will include data for entire buildings in their reports, which tends to skew numbers lower since many units are already occupied, and may be rent-controlled or rented for significantly lower than the current rates. <\/p>\n\n<p>As we are a Canadian rental platform founded and based in Vancouver, we want to ensure that we\u2019re providing a completely accurate depiction of the rental market in the cities we look at. <\/p>\n<\/p><\/font><\/i>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\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\/06\/june-2022-metro-vancouver-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">June 2022 Vancouver Rent Report<\/a><br>\n\n<a href=\"https:\/\/liv.rent\/blog\/2022\/06\/june-2022-toronto-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">June 2022 Toronto Rent Report<\/a>\n\n<br>\n<a href=\"https:\/\/liv.rent\/blog\/2022\/06\/june-2022-montreal-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">June 2022 Montreal Rent Report<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Average rent prices across Metro Vancouver have dropped slightly from June, down $27 to a new average of $2,029 per month for an unfurnished, one-bedroom unit. North Vancouver has become Metro Vancouver&#8217;s, and Canada&#8217;s, most expensive city to rent unfurnished, one-bedroom units. Despite slight drop across Metro Vancouver, average monthly rent for unfurnished, one-bedroom units [&hellip;]<\/p>\n","protected":false},"author":28,"featured_media":36218,"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>July 2022 Metro Vancouver Rent Report | liv.rent blog<\/title>\n<meta name=\"description\" content=\"July 2022 once sees a slight cool-off for Metro Vancouver&#039;s rent prices. 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