Does Parking Increase Rent?
In Rent Reveal's Vancouver dataset, 1 bedroom apartments advertising parking have a median rent of $2,450 per month against $2,200 for those without. That is an observed difference between two groups of listings, not a measured price for parking on its own.
Based on 427 Vancouver-area rental listings for this guide, collected up to August 2026. Rent Reveal's full dataset currently holds 427 listings across 17 neighbourhoods.
What the listings show
Among 1 bedroom apartments, listings advertising parking have a median rent of $2,450 per month (109 listings) versus $2,200 for listings without it (19 listings) — $250 higher than.
Among 2 bedroom apartments, listings advertising parking have a median rent of $3,100 per month (102 listings) versus $2,300 for listings without it (10 listings) — $800 higher than.
Why this is a difference, not a price
Listings that include parking also tend to differ in other ways — newer buildings, larger floor plans, different neighbourhoods. The figures above compare two groups of advertised listings, so they show how the market prices those groups overall, not the isolated value of parking.
To see the effect on a specific apartment, the calculator compares your unit against the closest matching listings, holding neighbourhood, bedroom count and size as the heaviest factors.
Data behind these numbers
Based on 427 Vancouver-area rental listings collected up to August 2026. Comparisons are only shown where at least eight listings sit on each side of the split.
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