Vancouver

City · British Columbia · Population 662,248

Compare with another place Save this place

Housing and jobs

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

Affordability

1 · Poor

Average monthly rent$1,660/month

BC: $1,494/month · Canada: $1,209/month · 2006: $1,166/month · 2016: $1,429/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,667/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,807/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,364/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,820/month

Metro area average · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.3.7%

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$1,450,000

BC: $785,000 · Canada: $472,000 · 2016: $1,216,219 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing33.5%

BC: 25.5% · Canada: 20.9% · 2006: 37.1% · 2016: 36.6% · Statistics Canada, 2021

Economy

52 · Average

Median household income$82,000

BC: $85,000 · Canada: $84,000 · 2006: $60,560 · 2016: $70,694 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)4.9%

BC: 7.6% · Canada: 5.2% · 2016: 4.6% · Statistics Canada, 2021

Unemployment rate9%

BC: 8.4% · Canada: 10.3% · 2006: 6% · 2016: 5.6% · Statistics Canada, 2021