How much is rent in Victoria?

The average two-bedroom apartment in Victoria rents for about $2,121 a month ($1,624 for a one-bedroom), per CMHC. Whether that's affordable depends on your income — the common guideline is to keep rent under 30% of gross income.

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Cost of living

Cost of living in Victoria

Average rent and household spending in Victoria — and a quick check of whether your rent is reasonable for your income.

Average rent in Victoria

CMHC, apartment structures of three units and over.

Bachelor	$1,349/mo
1 bedroom	$1,624/mo
2 bedroom	$2,121/mo
3 bedroom	$2,742/mo

Is your rent reasonable?

Check your rent in Victoria

Unit size

Your monthly rent

Your gross monthly income

Optional — to check the 30% affordability guideline.

That's about average for Victoria ($2,121).

Household spending in British Columbia

Average household, per year (Survey of Household Spending).

Living costs

$82,657

Shelter

$28,739

Total

$108,172

Educational information only — not financial advice. Rents are CMHC averages; actual options vary by neighbourhood and building.

What's next

Rent vs buyWhen buying beats renting.What home can you afford?The max price your income supports.Salary to buy a homeThe income a lender would require.