Rental Market | Blog - Knowledge Blog

Wednesday, August 7, 2024   /   by Janine Thomson

Victoria, BC Home Rentals: Trends and Tips for 2024

Victoria, BC, is known for its picturesque landscapes, vibrant culture, and an ever-growing real estate market. Whether you're a student, a young professional, or a family looking to settle down, understanding the rental market is crucial. This blog will provide an overview of the rental trends in Victoria, comparing different types of rentals and how they've evolved over the past year. We'll also share a valuable tip on how to get accepted by a landlord more easily.

Average Monthly Rent in Victoria, BC

June 2023 vs. June 2024

1. Bachelor Apartments:


June 2023: $1,400



June 2024: $1,500



Percentage Change: +7.1%


2. 1-Bedroom Apartments:


June 2023: $1,800



June 2024: $1,950



Percentage Change: +8.3%


3. 2-Bedroom Apartments:


June 2023: $2,300



June 2024: $2,500



Percentage Change: +8.7%


4. Basement Suites:


June 2023: $1,600



June 2024: $1,700



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