Apartments in Vancouver
Iona Apartments - Hollyburn1370 Clyde AveVancouver, BC V7V 3V5 | |
 | from $1,650 per month |
Rental Rates in Vancouver
The rental apartment vacancy rate in Vancouver increased to 2.1% following several years of vacancies below 1%. The condo rental vacancy rate increased to 1.7%. Renters had an easier time finding rental accommodation in Vancouver during the fall of 2009, compared to the previous year. Higher rental apartment vacancy rates mean renters have more choice. Although higher than the previous year, Vancouver's vacancy rate is still below the national average and among the lowest in the country.
The following are the average vacancy rates and rents for townhomes and apartments combined:
| City | Renter Occupied | Vacancy Rate | Studio | 1 Bedroom | 2 Bedroom | 3+ Bedroom |
| City of Vancouver Average | -- | 0.2% | $840 | $990 | $1,405 | $2,410 |
| Sub Area | Renter Occupied | Vacancy Rate | Studio | 1 Bedroom | 2 Bedroom | 3+ Bedroom |
| Downtown | -- | 1.2% | $979 | $1,144 | $1,773 | $2,410 |
| East Hastings | -- | 1.8% | $734 | $817 | $1,085 | $1,296 |
| English Bay | -- | 0.7% | $863 | $1,032 | $1,577 | $2,592 |
| Kitsilano / Point Grey | -- | 1.0% | $825 | $1,017 | $1,420 | $1,952 |
| Marpole | -- | 2.4% | $684 | $800 | $1,039 | $1,092 |
| Mt Pleasant / Renfrew Hts | -- | 0.9% | $721 | $796 | $1,040 | $1,430 |
| South Granville / Oak | -- | 1.1% | $794 | $1,070 | $1,427 | $1,835 |
| Southeast Vancouver | -- | 1.1% | $753 | $849 | $1,172 | $1,160 |
| West End, Stanley Park | -- | 0.6% | $847 | $1,070 | $1,637 | $2,589 |
| Westside / Kerrisdale | -- | 1.1% | $753 | $849 | $1,172 | $1,160 |
Renting a private condo is generally higher than renting an apartment of equal size and age. Average condo rents in the Greater Vancouver Area are:
| City | Renter Occupied | Vacancy Rate | Studio | 1 Bedroom | 2 Bedroom | 3+ Bedroom |
| City of Vancouver Average | 19,412 | 1.9% | $839 | $1,262 | $1,754 | $1,781 |
| Sub Area | Renter Occupied | Vacancy Rate | Studio | 1 Bedroom | 2 Bedroom | 3+ Bedroom |
| Burrard Peninsula | 12,850 | 2.1% | $923 | $1,325 | $1,830 | $2,521 |
| Vancouver East/Westside | 6,613 | 1.5% | $767 | $1,141 | $1,510 | $1,659 |