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 11% in the last month and have increased by 12% 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 $1,875. A 1-bedroom apartment in Downtown Nanaimo, Nanaimo, BC costs about $1,757 on average, while a 2-bedroom apartment is $2,248. Houses for rent in Downtown Nanaimo, Nanaimo, BC are cheaper, with an average monthly cost of $1,495.


1 bedroom	$1,695	8%	2%
2 bedroom	$2,254	2%	15%
3 bedroom	$2,895	No Change	-
4 bedroom	$3,500	-	-
Studio	$1,945	2%	29%

		Comparables
Buttertubs	$1,950
Hospital Area	$1,806
Marlborough	$1,945
Nanaimo Country Club	$1,995
Newcastle	$1,780
Uplands	$1,935


Apartments	$1,875	1%	No Change
Condos	$1,700	No Change	-
Houses	$1,495	No Change	No Change

Studio

Average rent

$1,945

Last 30 days

Last year

29%

1 bedroom

Average rent

$1,695

Last 30 days

Last year

2 bedroom

Average rent

$2,254

Last 30 days

Last year

15%

3 bedroom

Average rent

$2,895

4 bedroom

Average rent

$3,500

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$1,875

lower than the national median

Median rent price$1,950

higher than the national median

Takeaway

The median rent for all rentals in Downtown Nanaimo, Nanaimo, BC is 4% 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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