Average Rent for a 2-Bedroom in Vancouver
What CMHC's survey of the existing rental stock shows for 2-bedroom units.
Last updated: October 2026
Quick answer
Vancouver's average two-bedroom asking rent was $3,248/month in August 2026, down about 4.4% year-over-year, per the Rentals.ca and Urbanation National Rent Report (September 2026 edition). CMHC's Rental Market Survey (October 2025 survey), which averages the entire existing purpose-built rental stock rather than only new listings, put Vancouver's average two-bedroom rent at $2,363/month, up about 2.1% year-over-year on that stock-wide basis.
How this compares to the rest of the market
CMHC's $2,363 stock-wide figure sits between Vancouver's average one-bedroom ($1,806) and three-bedroom-or-more ($2,820) stock-wide rents, and reflects a mix of long-tenured tenancies protected by BC's annual rent-increase cap (2.3% for 2026, 2.2% for 2027). Rentals.ca's $3,248 asking-rent figure reflects what a prospective tenant signing a new two-bedroom lease today should actually expect to pay, which runs well above the stock-wide average -- the same asking-versus-stock gap seen in Vancouver's other unit sizes.
Frequently Asked Questions
What is the average rent for a 2-bedroom apartment in Vancouver?
$3,248/month for a new listing as of August 2026 (Rentals.ca asking rents), or $2,363/month averaged across the existing purpose-built rental stock, per CMHC's October 2025 survey.
Is 2-bedroom rent in Vancouver going up or down?
On new listings, down about 4.4% year-over-year as of August 2026 (Rentals.ca). On CMHC's stock-wide survey, which is published annually and includes long-tenured tenancies, Vancouver's 2-bedroom average was actually up about 2.1% year-over-year as of the October 2025 survey -- the two measures can move in different directions since one tracks new-listing prices and the other tracks the full existing rental stock.
Sources
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