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 decreased by 3% over the last month and have decreased by 16% 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 $2,065, whereas a house costs $1,900. 1-bedroom apartments in Downtown New Westminster run $2,000 on average, while 2-bedroom apartments are $2,735.


Studio	$1,490	4%	16%
1 bedroom	$1,924	4%	6%
2 bedroom	$2,449	1%	15%
3 bedroom	$3,225	No Change	22%
4 bedroom	$5,500	-	-

		Listings
Brow Of The Hill	$1,774
Queen's Park	$1,880
Richmond Park	$1,800
South Westminster	$1,850
Stride Avenue	$2,000
Uptown	$1,800


Apartments	$2,065	3%	No Change
Condos	$2,650	2%	9%
Houses	$1,900	6%	No Change
Rooms	$930	No Change	-

Studio

Average rent

$1,490

Last 30 days

Last year

16%

1 bedroom

Average rent

$1,924

Last 30 days

Last year

2 bedroom

Average rent

$2,449

Last 30 days

Last year

15%

3 bedroom

Average rent

$3,225

Last 30 days

No Change

Last year

22%

4 bedroom

Average rent

$5,500

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$2,055

higher than the national median

Median rent price$1,800

lower than the national median

Takeaway

The median rent for all rentals in Downtown New Westminster, New Westminster, BC is 14% higher than the median rent in Richmond Park, Burnaby, BC.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,800

$2,000

$1,774

$1,880

$1,800

$1,850

Discover rentals in Downtown New Westminster, New Westminster, BC

1d ago

Verified

335 Carnarvon Street, New Westminster, BC V3L 1B9

1 bed

1 bath

$1,650

Condo for rent

Available Jun 4

Prince Charles Apartments - Photo 1 of 1

2d ago

8.8

Very good

Prince Charles Apartments

321 Agnes St, New Westminster, BC V3L 1E7

1 bed

1 bath

$1,685

Apartment for rent

22h ago

9.4

Excellent

Redwood Manor

101 Royal Ave, New Westminster, BC V3L 1H1

1 bed

1 bath

$1,690

Apartment for rent

Available Jul 1

3d ago

Excellent

Royal Ridge Apartments

315 Agnes St, New Westminster, BC V3L 1E7

1 bed

1 bath

$1,690

Apartment for rent

Available May 1

5h 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

2d ago

Verified

680 Clarkson Street #807, New Westminster, BC V3M 6X9

2 beds

1 bath

$2,250

$2,150

Price drop

Condo for rent

Available Jul 1

5d+ ago

Downtown New Westminster condo for rent in New Westminster

550 Royal Ave, New Westminster, BC V3L 5H9

2 beds

1 bath

$2,295

Condo for rent

Available Jun 5

5d+ ago

Verified

1150 Quayside Drive #105, New Westminster, BC V3M 6E1

2 beds

2 baths

$3,195

$3,095

Price drop

Condo for rent

Available Jun 1

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 $2,055 per month as of May 30, 2026.

Is rent up or down in Downtown New Westminster?

Average rent prices in Downtown New Westminster have decreased by 3% over the last month and have decreased by 16% 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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