The latest numbers are in here is what is happening across Metro Vancouver

Three Bedroom Rentals Are Up From the Previous Month
North Vancouver, West Vancouver, Coquitlam, Richmond, New Westminster, Surrey, and Langley all posted month over month increases in rent for three bedroom units, despite declines in most one and two bedroom segments. Three bedroom homes make up just 11.76 percent of current active listings, indicating that limited supply is driving this upward pressure.

Compared to November 2024, Rent Prices Are Down Across Metro Vancouver’s Most Expensive Cities
Vancouver, Burnaby, Richmond, and North Vancouver all recorded year over year rent declines across every bedroom type. Vancouver saw the sharpest drops in two bedroom at 12.49 percent and three bedroom at 11.97 percent.

Compared to November 2024, Rent Prices Are Down Across Nearly All Vancouver Neighbourhoods
With the exception of Shaughnessy, every Vancouver neighbourhood saw year over year declines in unfurnished one bedroom rents. The hardest hit areas were Dunbar Arbutus at 18.10 percent, Killarney at 14.92 percent, and Marpole at 14.17 percent.

Vancouver
One Bedroom: $2,353
Two Bedroom: $2,874
Three Bedroom: $3,570

North Vancouver
One Bedroom: $2,437
Two Bedroom: $3,268
Three Bedroom: $4,204

West Vancouver
One Bedroom: $2,519
Two Bedroom: $3,409
Three Bedroom: $4,766

Burnaby
One Bedroom: $2,228
Two Bedroom: $2,726
Three Bedroom: $3,198

Coquitlam
One Bedroom: $2,047
Two Bedroom: $2,522
Three Bedroom: $3,259

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