Victoria indicators

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Rent for a 2-bedroom

Area: Greater Victoria (CMA) October 2025 survey · Where this covers

$2,127 a month

Getting worse

Was $2,001 in Oct 2024

Source: CMHC, via Statistics Canada, Oct 2025 · Full source

What it measures

The average monthly rent paid by current tenants of two-bedroom apartments in purpose-built rental buildings, surveyed each October.

Why it matters

Rent is the largest monthly cost for many households. This figure shows what sitting tenants pay; people looking for a place today usually see higher asking rents.

Over time

Line chart, 12 periods from 2014 to 2025. Rent for a 2-bedroom: starts at $1,095 a month (2014), ends at $2,127 a month (2025); highest $2,127 a month (2025), lowest $1,095 a month (2014). Every value is in the table.$0$1,000$2,000$3,0002016201920222025$2,127$1,0952014: $1,095 a month2015: $1,127 a month2016: $1,187 a month2017: $1,288 a month2018: $1,413 a month2019: $1,452 a month2020: $1,514 a month2021: $1,578 a month2022: $1,706 a month2023: $1,847 a month2024: $2,001 a month2025: $2,127 a month

The scale starts at $0. Tap, hover or drag along the chart to see each value.

How we decided “getting worse”

A lower number means the average monthly rent is lower. $2,127 in 2025 compared with $2,001 in 2024 (+6.3%). The rules.

Source

Period
October 2025 survey
Updated by agency
Annually (survey in October, published in December); latest release Dec 17, 2025
Retrieved
Nov 10, 2026, 11:52 PM B.C. time

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.

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.

Show the numbers as a table
Rent for a 2-bedroom, Greater Victoria (CMA) (newest first)
PeriodValue
2025$2,127
2024$2,001
2023$1,847
2022$1,706
2021$1,578
2020$1,514
2019$1,452
2018$1,413
2017$1,288
2016$1,187
2015$1,127
2014$1,095

Keep in mind

  • 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.

Where this covers

Area: Greater Victoria (CMA)

Statistics Canada’s Victoria metropolitan area: 13 municipalities plus nearby electoral-area and reserve lands.

Included

  • Victoria
  • Saanich
  • Oak Bay
  • Esquimalt
  • View Royal
  • Langford
  • Colwood
  • Highlands
  • Metchosin
  • Sooke
  • Central Saanich
  • North Saanich
  • Sidney
  • Juan de Fuca electoral area, part 1 (for example East Sooke, Jordan River and Shirley)
  • First Nations reserves: Cole Bay 3, Union Bay 4, East Saanich 2, South Saanich 1, Becher Bay 1, Esquimalt, New Songhees 1A and T'Sou-ke

Not included

  • Salt Spring Island
  • Southern Gulf Islands (Galiano, Mayne, Pender and Saturna islands)
  • Port Renfrew area (Juan de Fuca electoral area, part 2)

Official definition

How the agency describes it: Victoria census metropolitan area (Greater Victoria).

Connected to: Market (private landlords), Provincial rules on rent increases. This is a label, not a judgement.

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