Bedroom count

Property type

Last updated on January 30, 2026

Average rent in
Oak Bay, BC

Last updated on January 30, 2026

Last updated on January 30, 2026

Bedroom count

Property type

As of January 2026, the median rent for all bedroom counts and property types in Oak Bay, BC is $1,670. This is -12%, or $230, lower than the national average.

$2.16

average price per square foot

Median rent

$1,670

decreased by16%
over the previous yearvs previous year

Total rentals

12

for rent on Zumper.com

As of January 2026, the median rent for all bedroom counts and property types in Oak Bay, BC is $1,670. This is -12%, or $230, lower than the national average.

$2.16

average price per square foot

Rent ranges

21%
42%
16%
21%
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000
$3,001+$3,001+

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 price trends in
Oak Bay, BC

Rent price trends

Rent prices for all bedroom counts and property types in Oak Bay, BC have increased by 4% in the last month and have decreased by 16% in the last year.

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

Rent comparables in
Oak Bay, BC

The monthly rent for an apartment in Oak Bay, BC is $2,372. A 1-bedroom apartment in Oak Bay, BC costs about $2,000 on average, while a 2-bedroom apartment is $2,424. Houses for rent in Oak Bay, BC are cheaper, with an average monthly cost of $1,695.

Comparables

1 bedroom

$1,997

1%

2%

2 bedroom

$2,449

23%

6%

3 bedroom

$4,197

No Change

-

4 bedroom

$9,000

20%

-

Studio

$1,635

-

-

Studio

Average rent

$1,635

1 bedroom

Average rent

$1,997

Last 30 days

1%

Last year

2%

2 bedroom

Average rent

$2,449

Last 30 days

23%

Last year

6%

3 bedroom

Average rent

$4,197

4 bedroom

Average rent

$9,000

Last 30 days

20%

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$1,670
decreased by12%

lower than the national median

Median rent price$2,000
increased by5%

higher than the national median

Takeaway

The median rent for all rentals in Oak Bay, BC is 17% lower than the median rent in Capital H Part 1, BC.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby cities

Explore rent trends in other markets

Capital H Part 1

$2,000

N/A

Last year

Central Saanich

$1,999

decreased by15%

Last year

Colwood

$2,350

increased by4%

Last year

Cowichan Valley B

$2,113

increased by39%

Last year

Cowichan Valley C

$2,395

N/A

Last year

Esquimalt

$2,075

decreased by1%

Last year

Langford

$2,245

decreased by5%

Last year

North Saanich

$2,395

decreased by60%

Last year

Saanich

$2,189

decreased by1%

Last year

Sidney

$2,195

decreased by5%

Last year

Sooke

$2,125

increased by7%

Last year

View Royal

$2,547

increased by36%

Last year

Apartments for rent in Bellingham

Discover rentals in Oak Bay, BC

The Seacrest Apartments - Photo 1 of 1

22h ago

8.3

Very good

The Seacrest Apartments

2565 Beach Dr, Oak Bay, BC V8R 6K3

2 beds

1 bath

$2,399–$2,450

Apartment for rent

Newport Apartments - Photo 1 of 1

22h ago

9

Excellent

Newport Apartments

2314 Oak Bay Avenue ##205, Oak Bay, BC V8R 1G9

1 bed

1 bath

$1,865

Apartment for rent

Available Mar 1

1526 Beach Drive - Photo 1 of 1

3d ago

North Oak Bay house for rent in Oak Bay

House for rent

Available Jul 1