Property Prices in Vancouver, Canada

Index Info
Price to Income Ratio: 12.65
Mortgage as Percentage of Income: 111.17%
Loan Affordability Index: 0.90
Price to Rent Ratio - City Centre: 22.95
Price to Rent Ratio - Outside of Centre: 19.75
Gross Rental Yield (City Centre): 4.36%
Gross Rental Yield (Outside of Centre): 5.06%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,812.51 C$ 2,500.00-3,200.00
Apartment (1 bedroom) Outside of Centre 2,362.89 C$ 2,000.00-2,700.00
Apartment (3 bedrooms) in City Centre 4,772.00 C$ 4,000.00-6,000.00
Apartment (3 bedrooms) Outside of Centre 3,785.71 C$ 3,000.00-4,900.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 1,274.82 C$ 999.99-1,849.98
Price per Square Feet to Buy Apartment Outside of Centre 899.15 C$ 743.22-1,199.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,623.48 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.27 5.00-6.90

These data are based on 383 entries in the past 18 months from 68 different contributors.
Last update: December 2024

Sources and References
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4 Comments so far
Michael from Vancouver on Nov 23, 2024:
1room$500 1br.apt$2,100 minvac.rate1/1,000mo.freefood1hr.wait, cheap meal$2. eggs$5-$8/doz. cados$1.50-$3 bread$5 pork/beef$7-8.lb. water1.50 10oz. Free Medical 4 hours at clinics & hospitals doctors unskilled liars Homeless,pop friendly Drug/crack trade run by cops crime under $5,000 ignored Potlegal$5gram 20cigs$5 Transit3hr/$3.50 dollarstore$1.50 publicwififree privatewifi$40 cheapbeer$2 Dec.-Mar.50%freeze, 50%Rain8mo/yr. dogshit! freeclothingexceptshoes&socks
Calamoroki on Aug 05, 2023:
Income needs to be at 100k+ to be sustainable in West End as a single person. Bottom line. Traffic; laughable. Homelessness.. insane. OD every day i guarantee it, and it's probably because they're stuck here with nowhere else to go, no where to live even if they work full time sometimes.. so they'd rather be dead.
Anonymous on Apr 19, 2021:
Housing costs do not match salaries. Vancouver is experiencing a housing crisis and an overdose crisis.
Briannaa on Apr 16, 2021:
I would like to know what is going rate in West Vancouver for commercial store retail average par square foot to sell