Average Rent in Oak Bay, BC and Rent Price Trends

Rent price summary for
Oak Bay, BC

As of September 2025, the median rent for all bedroom counts and property types in Oak Bay, BC is $1,924. This is -3% lower than the national average.

$3.91

average price per square foot

Median rent

$1,924

As of September 2025, we do not have enough inventory to generate median rent for all bedroom counts and property types in Oak Bay, BC. Please check back soon.

Total rentals

13

for rent on Zumper.com

As of September 2025, the median rent for all bedroom counts and property types in Oak Bay, BC is $1,924. This is -3% lower than the national average.

$3.91

average price per square foot

Rent ranges

63%

31%

$751-$1,500$751 - $1,500

$1,501-$2,250$1,501 - $2,250

$2,251-$3,000$2,251 - $3,000

Households

At this time, we don't have information to generate a distribution. Please check back soon.

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Oak Bay, BC, in the last 30 days, rent estimates may not represent the actual market.

Rent comparables in
Oak Bay, BC
The monthly rent for an apartment in Oak Bay, BC is $1,924. A 1-bedroom apartment in Oak Bay, BC costs about $1,950 on average, while a 2-bedroom apartment is $2,685. Houses for rent in Oak Bay, BC are more expensive, with an average monthly cost of $2,700.


1 bedroom	$1,932	No Change	-
2 bedroom	$2,697	5%	-
3 bedroom	$2,978	No Change	-
Studio	$1,728	-	-

		Comparables
Estevan	$1,975
Henderson	$2,074
North Oak Bay	$2,012
South Oak Bay	$1,945


Apartments	$1,924	10%	No Change
Condos	$2,950	-	-
Houses	$2,700	1%	-

Studio

Average rent

$1,728

1 bedroom

Average rent

$1,932

2 bedroom

Average rent

$2,697

Last 30 days

3 bedroom

Average rent

$2,978

The table above reflects average rent prices in Oak Bay, 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 Oak Bay, BC to other cities

Median rent prices in Oak Bay, BC for all bedroom counts and property types compared to Capital H Part 1, BC.

Oak Bay

Median rent price$1,924

lower than the national median

Median rent price$2,495

26%

higher than the national median

Takeaway

The median rent for all rentals in Oak Bay, BC is 23% lower than the median rent in Capital H Part 1, BC.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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