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Looking for cheap rent in Vancouver? Here's how much it costs in each neighbourhood

Hint: It isn't cheap.
Metro Vancouver, B.C. rental prices have increased dramatically over in May 2022, according to Zumper, an online platform you can use to compare neighbourhoods.

If you're looking to catch a break from soaring Vancouver rental prices by moving to another neighbourhood, you might be out of luck. 

While prices vary across the city, most Vancouver neighbourhoods cost significantly more than their regional counterparts. 

Zumper, an online rental company, has released average rental prices for Vancouver in May 2022, which shows an increase in prices for nearly all categories. To compile the data, the company analyzes its active inventory to find trends in rent prices.

Prices rose sharply over the past month, with one-bedroom apartments increasing by 3 per cent to $2,275 and two-bedroom apartments rising by 6 per cent to $3,300. Studio apartments remained flat, however.

Three-bedroom apartments cost an average of $4,287 this May, marking a staggering 34 per cent increase year-over-year. Folks in the market for a four-bedroom rental face an average of $5,995, marking a jaw-dropping increase of 67 per cent.

Since 2021, one-bedroom apartments have seen an increase of 17 per cent and two-bedroom units have increased by a whopping 22 per cent. 

Photo via Zumper

Here are the average rents for Vancouver's neighbourhoods.

Downtown Vancouver $2,500
West End $2,175
Mt. Pleasant $2,250
Fairview $2,000
Marpole $1,950
Renfrew-Collingwood $2,000
Kitsilano  $1,963
Sunset $1,914
Killarney $2,050
Kensington-Cedar Cottage $2,000
Riley Park - Little Mountain $2,360
Oakridge $1,995
West Point Grey $2,040
University Endowment Lands $2,218
Kerrisdale $2,075
Grandview-Woodland $1,748
Cambie $2,350
Dunbar $2,000
Quilchena $2,870
Hastings-Sunrise $1,500
South Granville $1,750
Strathcona $1,973
Victoria-Fraserview $1,750
Arbutus $1,600
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