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AreaScore

Downtown Victoria

Neighbourhood in Victoria · British Columbia · Population 7,189

Approximate boundaries

Victoria doesn't publish neighbourhood boundaries, so AreaScore draws from the Census areas nearest where the name is placed by Natural Resources Canada, Wikidata, OpenStreetMap or AreaScore's own research. The outline follows Census lines and may not match how residents draw it. Figures marked city-wide are for all of Victoria.

Housing and jobs

Housing costs, rents, incomes and jobs in Downtown Victoria, with comparisons and sources.

Affordability

21 · Below average
Average monthly rent$1,496/month

Victoria: $1,378/month · Canada: $1,209/month · 2006: $892/month (estimated) · 2016: $1,184/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,349/month

City-wide figure for Victoria · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,624/month

City-wide figure for Victoria · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,121/month

City-wide figure for Victoria · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,742/month

City-wide figure for Victoria · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.3.1%

City-wide figure for Victoria · CMHC, 2025

Median dwelling value (owner-estimated)$585,993

Victoria: $750,000 · Canada: $472,000 · Estimated · 2016: $468,740 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing40.1%

Victoria: 34% · Canada: 20.9% · 2006: 43.8% (estimated) · 2016: 43.5% (estimated) · Statistics Canada, 2021

Economy

64 · Good
Median household income$61,976

Victoria: $67,500 · Canada: $84,000 · Estimated · 2006: $38,154 (estimated) · 2016: $52,723 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)7.1%

Canada: 5.2% · City-wide figure for Victoria · Statistics Canada, 2021

Unemployment rate8.3%

Victoria: 8.1% · Canada: 10.3% · 2006: 6.9% (estimated) · 2016: 7.2% (estimated) · Statistics Canada, 2021

Sources

Adapted from Statistics Canada, Census of Population 2021 (Census Profile). This does not constitute an endorsement by Statistics Canada.

Adapted from CMHC, Rental Market Survey / Housing Market Information Portal. This does not constitute an endorsement by CMHC.