2023: Metro Vancouver's average rent for a one-bedroom apartment decreased, with West Vancouver the priciest.

In July 2023, the average rent for a newly listed, unfurnished one-bedroom apartment in Metro Vancouver, Canada, decreased by $16 to $2,361, marking the first year-over-year rental price decrease since March 2021. West Vancouver remains the priciest city at $2,669, followed by North Vancouver ($2,641) and Vancouver ($2,607). Surrey had the lowest average rent prices for unfurnished one-, two-, and three-bedroom units for two consecutive months.

July 05, 2024
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