Rental market update - Downtown two bedroom apartment median rent is now $3495

Downtown Vancouver's rental market continues to see pressure on pricing as low vacancy rates persist.  According to data collected by Zumper studio apartments are now fetching $2,025 a month, one bedroom's $2,380, two bedroom's  $3,495, and three bedroom's $5,650.

Here's a breakdown by region:

The data below are from Zumper. Data is aggregated on a monthly basis to calculate median asking rents in Greater Vancouver areas, providing a comprehensive view of the current state of the market.