Average Rent in Downtown New Westminster, New Westminster, BC and Rent Price Trends

Rent trends in Downtown New Westminster, New Westminster, BC

Average rent prices in Downtown New Westminster have increased by 5% over the last month and have decreased by 18% since last year.

Rent trends

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

Compare rent prices in
Downtown New Westminster, New Westminster, BC

Rent prices in Downtown New Westminster vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Downtown New Westminster is $1,900, whereas a house costs $2,399. 1-bedroom apartments in Downtown New Westminster run $1,900 on average, while 2-bedroom apartments are $2,712.


Studio	$1,761	3%	6%
1 bedroom	$1,995	3%	1%
2 bedroom	$2,775	4%	3%
3 bedroom	$3,050	2%	25%
4 bedroom	$5,200	-	-

		Listings
Brow Of The Hill	$1,695
Queen's Park	$1,900
Richmond Park	$1,990
South Westminster	$1,843
Stride Avenue	$2,395
Uptown	$1,892


Apartments	$1,900	1%	No Change
Condos	$2,375	1%	No Change
Houses	$2,399	34%	No Change
Rooms	$945	No Change	No Change

Studio

Average rent

$1,761

Last 30 days

Last year

1 bedroom

Average rent

$1,995

Last 30 days

Last year

2 bedroom

Average rent

$2,775

Last 30 days

Last year

3 bedroom

Average rent

$3,050

Last 30 days

Last year

25%

4 bedroom

Average rent

$5,200

The table above reflects average rent prices in Downtown New Westminster, New Westminster, 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.

How does rent in Downtown New Westminster, New Westminster, BC compare to other neighborhoods?

Compare median rent prices in Downtown New Westminster and Richmond Park by all bedroom counts and property types.

Downtown New Westminster

Median rent price$2,050

higher than the national median

Median rent price$1,990

higher than the national median

Takeaway

The median rent for all rentals in Downtown New Westminster, New Westminster, BC is 3% higher than the median rent in Richmond Park, Burnaby, BC.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,990

$2,395

$1,695

$1,900

$1,892

$1,843

Discover rentals in Downtown New Westminster, New Westminster, BC

5d+ ago

8.6

Very good

Crown Towers

52 4th Street, New Westminster, BC V3L 2T6

1 bed

1 bath

$1,495

Apartment for rent

Available Jul 9

3d ago

8.9

Very good

737 Carnarvon Street

737 Carnarvon St, New Westminster, BC V3M 5X1

1–2 beds

1 bath

$1,843–$2,093

Apartment for rent

3d ago

8.6

Very good

Skyline Towers

120 Agnes Street, New Westminster, BC V3L 5C8

1–2 beds

1 bath

$1,900–$2,650

Apartment for rent

Available Mar 20

5d+ ago

Downtown New Westminster condo for rent in New Westminster

550 Royal Ave, New Westminster, BC V3L 5H9

2 beds

1 bath

$1,995

Condo for rent

Available Jul 20

420 Carnarvon Street #1505 - Photo 1 of 1

5d+ ago

Downtown New Westminster apartment for rent in New Westminster

420 Carnarvon Street #1505, New Westminster, BC V3L 5P1

2 beds

2 baths

$2,800

Apartment for rent

Available Aug 1

11h ago

Downtown New Westminster condo for rent in New Westminster

2 beds

2 baths

$2,850

Condo for rent

Available Aug 1

1d ago

Downtown New Westminster apartment for rent in New Westminster

82 First St, New Westminster, BC V3L 2G1

2 beds

2 baths

$2,900

Apartment for rent

Available Jul 19

3d ago

Downtown New Westminster condo for rent in New Westminster

2 beds

2 baths

$3,000

Condo for rent

Available Jul 17

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

Annual Rent Report

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Frequently asked questions for Downtown New Westminster, New Westminster, BC

Quick answers to common questions about the Downtown New Westminster rental market.

How much is rent in Downtown New Westminster?

The average rent in Downtown New Westminster is $2,050 per month as of July 18, 2026.

Is rent up or down in Downtown New Westminster?

Average rent prices in Downtown New Westminster have increased by 5% over the last month and have decreased by 18% since last year.

How does Downtown New Westminster rent compare to the national average?

Rent in Downtown New Westminster is 5% above the national average, which means renters are paying approximately $105 more per month.

What salary do I need to afford rent in Downtown New Westminster?

To comfortably afford rent in Downtown New Westminster, you'd need to earn approximately $82,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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