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

submitted 1 year 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 1 year ago

Waiting for the surrounding areas to start densifying as well. Surrey, Richmond, and Coquitlam can do better.