The latest numbers are in – here’s what’s happening across Metro Vancouver

Downtown reclaims top spot for most expensive one-bedroom rent: After three months behind West Point Grey/UBC, Downtown Vancouver reclaimed the top spot for one-bedroom unfurnished rentals in October at $2,760/month, just above West Point Grey/UBC ($2,735/month).

Several cities saw notable changes in average rent prices this month: Looking at one-bedroom furnished units, Burnaby (-3.08%), Langley (-1.87%), and Vancouver (-1.00%) saw the biggest decreases. Meanwhile, North Vancouver (6.58%), Richmond (6.47%), and Coquitlam (5.15%) saw significant increases.

Cities with the least expensive rent per square foot: The least expensive cities for square footage are Surrey ($2.32), West Vancouver ($2.65/sq. ft.), and Langley ($2.81). Meanwhile, the most expensive cities for square footage are Vancouver ($4.11/sq. ft.), Burnaby ($3.27/sq. ft.), and North Vancouver ($3.24/sq. ft.).

Vancouver
1-Bedroom: $2,390
2-Bedroom: $2,970
3-Bedroom: $3,649

North Vancouver
1-Bedroom: $2,589
2-Bedroom: $3,290
3-Bedroom: $4,175

West Vancouver
1-Bedroom: $2,708
2-Bedroom: $3,614
3-Bedroom: $4,016

Burnaby
1-Bedroom: $2,198
2-Bedroom: $2,810
3-Bedroom: $3,214

Coquitlam
1-Bedroom: $2,074
2-Bedroom: $2,412
3-Bedroom: $3,222

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