BCAOMA RENTALS

Post Your Vancancies on BCAOMA Rentals and Rent BC

• BURNABY
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• SURREY

Rental Rates in Vancouver

The rental apartment vacancy rate in Vancouver increased to 2.1% following several years of vacancies below 1%. The condo rental vacancy rate increased to 1.7%. Renters had an easier time finding rental accommodation in Vancouver during the fall of 2009, compared to the previous year. Higher rental apartment vacancy rates mean renters have more choice. Although higher than the previous year, Vancouver's vacancy rate is still below the national average and among the lowest in the country.

The following are the average vacancy rates and rents for townhomes and apartments combined:

City	Renter Occupied	Vacancy Rate	Studio	1 Bedroom	2 Bedroom	3+ Bedroom
City of Vancouver Average	--	0.2%	$840	$990	$1,405	$2,410
Sub Area	Renter Occupied	Vacancy Rate	Studio	1 Bedroom	2 Bedroom	3+ Bedroom
Downtown	--	1.2%	$979	$1,144	$1,773	$2,410
East Hastings	--	1.8%	$734	$817	$1,085	$1,296
English Bay	--	0.7%	$863	$1,032	$1,577	$2,592
Kitsilano / Point Grey	--	1.0%	$825	$1,017	$1,420	$1,952
Marpole	--	2.4%	$684	$800	$1,039	$1,092
Mt Pleasant / Renfrew Hts	--	0.9%	$721	$796	$1,040	$1,430
South Granville / Oak	--	1.1%	$794	$1,070	$1,427	$1,835
Southeast Vancouver	--	1.1%	$753	$849	$1,172	$1,160
West End, Stanley Park	--	0.6%	$847	$1,070	$1,637	$2,589
Westside / Kerrisdale	--	1.1%	$753	$849	$1,172	$1,160

Renting a private condo is generally higher than renting an apartment of equal size and age. Average condo rents in the Greater Vancouver Area are:

City	Renter Occupied	Vacancy Rate	Studio	1 Bedroom	2 Bedroom	3+ Bedroom
City of Vancouver Average	19,412	1.9%	$839	$1,262	$1,754	$1,781
Sub Area	Renter Occupied	Vacancy Rate	Studio	1 Bedroom	2 Bedroom	3+ Bedroom
Burrard Peninsula	12,850	2.1%	$923	$1,325	$1,830	$2,521
Vancouver East/Westside	6,613	1.5%	$767	$1,141	$1,510	$1,659