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 decreased by 15% in the last month and have decreased by 1% 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 $1,899. A 1-bedroom apartment in Downtown Nanaimo, Nanaimo, BC costs about $1,695 on average, while a 2-bedroom apartment is $2,165. Houses for rent in Downtown Nanaimo, Nanaimo, BC are more expensive, with an average monthly cost of $2,100.


1 bedroom	$1,725	14%	7%
2 bedroom	$2,330	20%	11%
3 bedroom	$3,250	No Change	-
4 bedroom	$2,800	-	-
Studio	$1,945	No Change	21%

		Comparables
Buttertubs	$1,915
Hospital Area	$1,850
Marlborough	$1,895
Nanaimo Country Club	$1,924
Newcastle	$1,800
Uplands	$2,120

				Comparables
Apartments	$1,899	19%	No Change
Houses	$2,100	No Change	-

Studio

Average rent

$1,945

Last year

21%

1 bedroom

Average rent

$1,725

Last 30 days

14%

Last year

2 bedroom

Average rent

$2,330

Last 30 days

20%

Last year

11%

3 bedroom

Average rent

$3,250

4 bedroom

Average rent

$2,800

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$1,795

lower than the national median

Median rent price$1,915

lower than the national median

Takeaway

The median rent for all rentals in Downtown Nanaimo, Nanaimo, BC is 6% lower 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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