If you are thinking of renting an apartment, or an entire house in Vancouver and Lower Mainland (collective name of all Vancouver area cities) check out the latest average for monthly rent to start you off with a right budget in mind.

Prices for Vancouver rental apartments vary greatly depending on the neighborhood, building amenities, age, and any extras that come with a rental (such as partially paid utilities, extra parking spots, storage, and interior furnishings). However, there is an average monthly rent that can guide you towards the right expectation as to how much you should pay for a rental condo in Vancouver.

Below, you can find current monthly averages for renting an apartment in Vancouver downtown neighborhoods, as well as Burnaby, Surrey, and New Westminster.  Once again, these should be taken as a comparison table that outlines the average monthly rent, in order to help actively looking tenants to have an approximate budget in mind.  This information will also be helpful to people who are new to Vancouver, and new immigrants.

Vancouver Rental Apartments

Yaletown:                                        Marinaside:

Studio -- $1150 - 1250                    1bdrm -- $1800 - 2200

1bdrm -- $1300 - 1600                    2bdrm -- $2450 - 3500

2bdrm -- $1900 +                            Penthouse -- $4000 +

Burnaby Rental Apartments

Brentwood:                                     Highgate Village:

1bdrm -- $950 - 1150                      1bdrm -- $800 - 1200

2bdrm -- $1200 - 1500                    2bdrm -- $1100 - 1500

3bdrm -- $1400 - 1800                    Townhouse -- $1400 +

Surrey Rental Apartments

Guildford:

1bdrm -- $650 - 800

2bdrm -- $850 - 1200

House  -- $1500 +

New Westminster Rental Apartments

Royal City Center / 6th Avenue

1bdrm -- $750 - 950

2bdrm -- $1100 - 1400

House -- $1600 +