Average Rent in Downtown Nanaimo, Nanaimo, BC and Rent Price Trends

Rent price trends in
Downtown Nanaimo, Nanaimo, BC

Rent price trends

Rent prices for all bedroom counts and property types in Downtown Nanaimo, Nanaimo, BC have increased by 4% in the last month and have increased by 17% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Downtown Nanaimo, Nanaimo, BC
The monthly rent for an apartment in Downtown Nanaimo, Nanaimo, BC is $1,895. A 1-bedroom apartment in Downtown Nanaimo, Nanaimo, BC costs about $1,795 on average, while a 2-bedroom apartment is $2,299. Houses for rent in Downtown Nanaimo, Nanaimo, BC are more expensive, with an average monthly cost of $2,250.


1 bedroom	$1,695	1%	2%
2 bedroom	$2,195	2%	5%
3 bedroom	$2,575	5%	-
4 bedroom	$3,750	-	-
Studio	$1,536	12%	13%

		Comparables
Buttertubs	$1,760
Hospital Area	$1,595
Marlborough	$1,750
Nanaimo Country Club	$1,832
Newcastle	$1,900
Uplands	$1,965


Apartments	$1,895	2%	No Change
Condos	$2,300	7%	-
Houses	$2,250	1%	No Change

Studio

Average rent

$1,536

Last 30 days

12%

Last year

13%

1 bedroom

Average rent

$1,695

Last 30 days

Last year

2 bedroom

Average rent

$2,195

Last 30 days

Last year

3 bedroom

Average rent

$2,575

Last 30 days

4 bedroom

Average rent

$3,750

The table above reflects average rent prices in Downtown Nanaimo, Nanaimo, BC, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Downtown Nanaimo, Nanaimo, BC to other neighborhoods

Median rent prices in Downtown Nanaimo, Nanaimo, BC for all bedroom counts and property types compared to Buttertubs, Nanaimo, BC.

Downtown Nanaimo

Median rent price$1,872

lower than the national median

Median rent price$1,760

lower than the national median

Takeaway

The median rent for all rentals in Downtown Nanaimo, Nanaimo, BC is 6% higher than the median rent in Buttertubs, Nanaimo, BC.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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