The latest numbers are in — here’s what’s happening across Metro Vancouver.
Metro Vancouver average rents down $114/month compared to this time last year
Rents for unfurnished one-bedrooms in Metro Vancouver continue to decline, with the average price falling by $52 in June alone. Compared to the same time last year, that’s a total drop of $114/month.
The average price for unfurnished 1-bedroom units fell by over 2%
This is now sitting at an average of $2,333 across Metro Vancouver.
$869/month separates Vancouver’s most vs least expensive neighbourhoods: At the high end, Downtown tops the list with an average rent of $2,764/month, while Hastings-Sunrise remains the most budget-friendly at just $1,895/month for a one-bedroom unfurnished unit.
June 2025 Average Rent Prices:
Vancouver
1-Bedroom: $2,436
2-Bedroom: $3,043
3-Bedroom: $3,682
North Vancouver
1-Bedroom: $2,473
2-Bedroom: $3,460
3-Bedroom: $4,249
West Vancouver
1-Bedroom: $2,598
2-Bedroom: $3,578
3-Bedroom: $5,011
Burnaby
1-Bedroom: $2,249
2-Bedroom: $2,782
3-Bedroom: $3,632
Coquitlam
1-Bedroom: $1,995
2-Bedroom: $2,505
3-Bedroom: $3,475
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