Average rent in B.C. over $2,000 in January

British Columbians are paying the highest average rent for housing in Canada.

The February 2022 Rent Report from Rentals.ca put the average rent for B.C. at $2,181 in January.

That marks an annual increase of 9.6 per cent from the average of $1,990 in January of 2021. However it is noted that the rent is relatively unchanged from the average of $2,182 recorded in December of 2021.

Vancouver was the primary factor in that increase as the rent was recorded at $2,550 in January, up 16.2 per cent from the same month the year prior. The average rent recorded in Vancouver was also the highest in the country.