Average rent for one-bedroom in Victoria nears $1,400: PadMapper

Victoria sixth in Canada for most expensive rent

A Canadian rent report puts Victoria in sixth place for the highest one-bedroom median rent prices in the country.

The July 2019 report comes from PadMapper, a location-based apartment rental search engine, and lists 10 cities with the most expensive median rent. Toronto topped the chart with $2,290 for a one bedroom apartment, followed by Vancouver at $2,200.

All of the cities on the top ten list had an average above $1,000 per month – the lowest prices were in Ottawa and Hamilton where the average price is $1,250.

READ ALSO: Victoria City Council approves inclusionary housing policy

READ ALSO: Vancouver, Victoria, Kelowna home to Canada’s most expensive rentals: report

In Victoria, the average cost to rent a one-bedroom apartment is $1,390 – up nearly nine per cent since July, 2018.

The average cost of a two-bedroom unit in Victoria is up 13.8 per cent to $1,730 per month.

PadMapper analyzes rental prices from active listings across the country and aggregates the data month-to-month to calculate media asking rent for the top 24 most popular metro areas.

In June, Victoria city council recently voted to implement a mandate for developers to include 20 per cent of their units as affordable housing options in projects with 60 units or more.

Like us on Facebook and follow us on Twitter

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Comments are closed

Just Posted

Victoria Flamenco Festival goes virtual for 2020 event

The show will go online from July 23 to 26

Metchosin bird card project finds its wings

On display at Metchosin ArtPod from July 10 to 12

UVic research team creating virus-resistant washbasins for post-pandemic world

Civil engineer Rishi Gupta hopes basins will be installed in public spaces

Walk for Peace takes a virtual turn for Victoria Hospice

Residents can still register for Gordy Dodd’s 11th annual fundraiser

United Way Greater Victoria launches Hi Neighbour program in Esquimalt

Feedback sought from residents about funding for micro community projects

B.C. accommodators need phone lines to light up as in-province travel given green light

Travel restrictions during the COVID-19 pandemic have decimated the tourism and hospitality industries

300 Cache Creek residents on evacuation alert due to flood risk as river rises

Heavy rainfall on Canada Day has river rising steadily, threatening 175 properties

First glimpse of Canada’s true COVID-19 infection rate expected mid-July

At least 105,000 Canadians have tested positive for COVID-19 since the coronavirus was identified

Annual music event in Comox Valley celebrates online instead

Vancouver Island MusicFest holds virtual celebration set for July 10

Police ramp up efforts to get impaired drivers off B.C. roads this summer

July is dedicated to the Summer CounterAttack Impaired Driving Campaign

Migrant workers stage multi-city action for full status amid COVID-19 risks

‘COVID-19 has exacerbated an existing crisis’

Okanagan school drops ‘Rebels’ sports team name, citing links with U.S. Civil War

Name and formerly-used images “fly in the face” of the district’s human rights policy, says board chair

PHOTOS: B.C.’s top doc picks up personalized Fluevog shoes, tours mural exhibition

Murals of Gratitude exhibit includes at least one portrait of Henry alongside paintings of health-care workers

In troubled times: Independence Day in a land of confusion

Buffeted by invisible forces and just plain worn out, the United States of America celebrates its 244th birthday

Most Read