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Vancouver rent hits all-time high with $2,700 average for 1 bedroom (vancouver.citynews.ca)

submitted 2 years ago by [email protected] to c/[email protected]

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According to the latest Canadian Rental Report from Zumper, the median rental price has hit an all-time high in the city.

It says a one-bedroom rental in Vancouver will now set you back $2,700 per month — an increase of about 20.5 per cent year over year.

Zumper says compared to last month, rents in June have risen almost four per cent.

Lots more info in the Zumper report.

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[–] [email protected] 2 points 2 years ago (1 children)

You’d have to dig into the report to check the methodology but anecdotally I know friends who have moved here recently and pay rents in this range.

[–] [email protected] 1 points 2 years ago

Thanks. Damn then, looks like these prices will stick.