{
  "id": "average-rent-2-bedroom",
  "category": "Housing and homelessness",
  "title": "Average rent for a two-bedroom apartment",
  "geography": "Victoria census metropolitan area (Greater Victoria)",
  "scope": "region",
  "levels": [
    "Market (private landlords)",
    "Provincial rules on rent increases"
  ],
  "plain_question": "What do tenants in a typical two-bedroom apartment pay in rent each month?",
  "value": 2127.0,
  "display_value": "$2,127",
  "unit": "dollars per month (average)",
  "period": "October 2025 survey",
  "period_start": "2025-01-01",
  "period_end": "2025-01-01",
  "comparison": {
    "previous_period": "October 2024 survey",
    "previous_value": 2001.0,
    "change_percent": 6.3
  },
  "trend": "worsening",
  "trend_basis": "$2,127 in 2025 compared with $2,001 in 2024 (+6.3%).",
  "direction_good": "down",
  "right_direction": "A lower number means the average monthly rent is lower.",
  "caveats": [
    "This is the average rent paid by current tenants in purpose-built rental apartment buildings with six or more units, surveyed each October. It is not the asking rent for a place listed today, which is usually higher.",
    "It does not include basement suites, condos rented out by owners, houses or small buildings.",
    "The average also depends on which units are in the survey, and long-time tenants pay less than new tenants.",
    "The area is the Victoria census metropolitan area, which is larger than the City of Victoria."
  ],
  "series": [
    {
      "period": "2014",
      "value": 1095.0
    },
    {
      "period": "2015",
      "value": 1127.0
    },
    {
      "period": "2016",
      "value": 1187.0
    },
    {
      "period": "2017",
      "value": 1288.0
    },
    {
      "period": "2018",
      "value": 1413.0
    },
    {
      "period": "2019",
      "value": 1452.0
    },
    {
      "period": "2020",
      "value": 1514.0
    },
    {
      "period": "2021",
      "value": 1578.0
    },
    {
      "period": "2022",
      "value": 1706.0
    },
    {
      "period": "2023",
      "value": 1847.0
    },
    {
      "period": "2024",
      "value": 2001.0
    },
    {
      "period": "2025",
      "value": 2127.0
    }
  ],
  "refresh_frequency": "Annually (survey in October, published in December)",
  "data_published": "2025-12-17",
  "source": {
    "name": "Canada Mortgage and Housing Corporation (CMHC), Rental Market Survey, published by Statistics Canada",
    "url": "https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/housing-data/data-tables/rental-market",
    "dataset_url": "https://open.canada.ca/data/en/dataset/1146388b-a150-4e70-98ec-eb40cb9083c8",
    "table_url": "https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3410013301",
    "table": "34-10-0133-01"
  },
  "licence": {
    "name": "CMHC Licence Agreement for the Use of Data",
    "url": "https://www.cmhc-schl.gc.ca/about-us/terms-conditions/hmip-terms-conditions",
    "also_listed_as": {
      "name": "Open Government Licence - Canada",
      "url": "https://open.canada.ca/en/open-government-licence-canada"
    },
    "note": "The open.canada.ca record lists this table under the Open Government Licence - Canada; the Statistics Canada table footnote says CMHC's licence governs. Both allow free reuse with attribution."
  },
  "attribution": "Adapted from Canada Mortgage and Housing Corporation, Rental Market Survey (average rent, two-bedroom, apartments of six units and over), October 2025. This does not constitute an endorsement by Canada Mortgage and Housing Corporation of this product. Adapted from Statistics Canada, table 34-10-0133-01. This does not constitute an endorsement by Statistics Canada of this product.",
  "retrieved_at": "2026-11-11T06:52:33Z"
}