What Is Rent per Square Foot in Vancouver?
Across the advertised listings that state a size, Vancouver rent averages about $3.86 per square foot, on an average unit of 811 sq ft. Rent per square foot is the monthly rent divided by the advertised floor area.
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.
Rent per square foot by neighbourhood
Only listings that advertise a floor area are included:
- Burnaby: $3.21/sq ft, average 966 sq ft
- Cambie: $3.58/sq ft, average 987 sq ft
- Coal Harbour: $4.70/sq ft, average 734 sq ft
- Downtown Vancouver: $4.40/sq ft, average 699 sq ft
- East Vancouver: $3.19/sq ft, average 902 sq ft
- Fairview: $3.34/sq ft, average 1020 sq ft
- Gastown: $3.93/sq ft, average 651 sq ft
- Kerrisdale: $3.75/sq ft, average 863 sq ft
- Kitsilano: $3.57/sq ft, average 903 sq ft
- Mount Pleasant: $4.13/sq ft, average 712 sq ft
- North Vancouver: $4.01/sq ft, average 662 sq ft
- Olympic Village: $4.70/sq ft, average 703 sq ft
- South Vancouver: $2.89/sq ft, average 967 sq ft
- Strathcona: $3.43/sq ft, average 843 sq ft
- UBC: $3.61/sq ft, average 1043 sq ft
- West End: $4.01/sq ft, average 559 sq ft
- Yaletown: $4.47/sq ft, average 837 sq ft
Why smaller units cost more per square foot
Fixed costs — kitchen, bathroom, building services — are spread over less floor area in a studio or one-bedroom, so the per-square-foot figure rises as unit size falls. Comparing a studio to a three-bedroom on rent per square foot alone will always favour the larger unit.
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