Rent for a 2-bedroom
$2,120 a month
Related limit only. A target exists for a nearby measure, not for this one, so no gap is shown. Targets and comparisons
Source: CMHC. We read it on Nov 11, 2026.
Over time
Average two-bedroom rent, private apartments (3+ units)
2025 A month, by year
- $2,120 a month
M municipal election: Oct 15, 2022P provincial election: Oct 24, 2020; Oct 19, 2024F federal election: Sep 20, 2021; Apr 28, 2025
Average two-bedroom rent, private apartments (3+ units)
2025 A month, by year
- Greater Victoria $2,120
- City of Victoria $2,078
M municipal election: Oct 15, 2022P provincial election: Oct 24, 2020; Oct 19, 2024F federal election: Sep 20, 2021; Apr 28, 2025
Average two-bedroom rent, private apartments (3+ units)
2025 A month, by year
- $2,120 a month
M municipal election: Oct 20, 2018; Oct 15, 2022P provincial election: May 9, 2017; Oct 24, 2020; Oct 19, 2024F federal election: Oct 19, 2015; Oct 21, 2019; Sep 20, 2021; Apr 28, 2025
Average two-bedroom rent, private apartments (3+ units)
2025 A month, by year
- Greater Victoria $2,120
- City of Victoria $2,078
M municipal election: Oct 20, 2018; Oct 15, 2022P provincial election: May 9, 2017; Oct 24, 2020; Oct 19, 2024F federal election: Oct 19, 2015; Oct 21, 2019; Sep 20, 2021; Apr 28, 2025
Average two-bedroom rent, private apartments (3+ units)
2025 A month, by year
- $2,120 a month
M municipal election: Nov 19, 2011; Nov 15, 2014; Oct 20, 2018; Oct 15, 2022P provincial election: May 17, 2005; May 12, 2009; May 14, 2013; May 9, 2017; Oct 24, 2020; Oct 19, 2024F federal election: Jan 23, 2006; Oct 14, 2008; May 2, 2011; Oct 19, 2015; Oct 21, 2019; Sep 20, 2021; Apr 28, 2025Local elections before 2011 are not marked.
Average two-bedroom rent, private apartments (3+ units)
2025 A month, by year
- Greater Victoria $2,120
- City of Victoria $2,078
M municipal election: Nov 19, 2011; Nov 15, 2014; Oct 20, 2018; Oct 15, 2022P provincial election: May 17, 2005; May 12, 2009; May 14, 2013; May 9, 2017; Oct 24, 2020; Oct 19, 2024F federal election: Jan 23, 2006; Oct 14, 2008; May 2, 2011; Oct 19, 2015; Oct 21, 2019; Sep 20, 2021; Apr 28, 2025Local elections before 2011 are not marked.
Average two-bedroom rent, private apartments (3+ units)
2025 A month, by year
- $2,120 a month
M municipal election: Nov 19, 2011; Nov 15, 2014; Oct 20, 2018; Oct 15, 2022P provincial election: May 28, 1996; May 16, 2001; May 17, 2005; May 12, 2009; May 14, 2013; May 9, 2017; Oct 24, 2020; Oct 19, 2024F federal election: Oct 25, 1993; Jun 2, 1997; Nov 27, 2000; Jun 28, 2004; Jan 23, 2006; Oct 14, 2008; May 2, 2011; Oct 19, 2015; Oct 21, 2019; Sep 20, 2021; Apr 28, 2025Local elections before 2011 are not marked.
Average two-bedroom rent, private apartments (3+ units)
2025 A month, by year
- Greater Victoria $2,120
- City of Victoria $2,078
M municipal election: Nov 19, 2011; Nov 15, 2014; Oct 20, 2018; Oct 15, 2022P provincial election: May 28, 1996; May 16, 2001; May 17, 2005; May 12, 2009; May 14, 2013; May 9, 2017; Oct 24, 2020; Oct 19, 2024F federal election: Oct 25, 1993; Jun 2, 1997; Nov 27, 2000; Jun 28, 2004; Jan 23, 2006; Oct 14, 2008; May 2, 2011; Oct 19, 2015; Oct 21, 2019; Sep 20, 2021; Apr 28, 2025Local elections before 2011 are not marked.
Targets and comparisons
Legal limit for sitting tenants, not drawn
Legal limit for sitting tenants, not drawn: the Province’s yearly limit on rent increases for existing tenants was 3% in 2025 and is 2.3% in 2026 (2.2% in 2027). CMHC’s average rent covers sitting tenants and new tenancies together, and this page shows rent in dollars, not a yearly change, so the limit is not drawn.
Source: Rent increases (Residential Tenancy Branch), Province of B.C., page updated August 27, 2026. Area: British Columbia. Updated: Yearly (limit announced each fall). Licence: Public document, not under an open licence. Quoted with attribution.
Show the numbers as a table
| Period | Greater Victoria | City of Victoria |
|---|---|---|
| 2025 | $2,120 | $2,078 |
| 2024 | $1,993 | $1,956 |
| 2023 | $1,839 | $1,833 |
| 2022 | $1,699 | $1,714 |
| 2021 | $1,571 | $1,580 |
| 2020 | $1,507 | $1,528 |
| 2019 | $1,448 | $1,464 |
| 2018 | $1,406 | $1,438 |
| 2017 | $1,288 | – |
| 2016 | $1,188 | – |
| 2015 | $1,128 | – |
| 2014 | $1,095 | – |
| 2013 | $1,068 | – |
| 2012 | $1,059 | – |
| 2011 | $1,045 | – |
| 2010 | $1,024 | – |
| 2009 | $1,001 | – |
| 2008 | $965 | – |
| 2007 | $907 | – |
| 2006 | $874 | – |
| 2005 | $837 | – |
| 2004 | $799 | – |
| 2003 | $789 | – |
| 2002 | $771 | – |
| 2001 | $751 | – |
| 2000 | $731 | – |
| 1999 | $728 | – |
| 1998 | $722 | – |
| 1997 | $724 | – |
| 1996 | $717 | – |
| 1995 | $715 | – |
| 1994 | $713 | – |
| 1993 | $703 | – |
| 1992 | $684 | – |
How it compares
CMHC, 2025, a month. Comparisons are not goals.
Who decides
Province of B.C. Limits rent increases during a tenancy. The yearly limit is set by regulation. Residential Tenancy Act, s. 43
Show the 2 other bodies and the laws
| Body | What it decides | Law or bylaw | Last decision | Next decision |
|---|---|---|---|---|
| Province of B.C. | Limits rent increases during a tenancy. The yearly limit is set by regulation. | Residential Tenancy Act, s. 43 | 2027 limit set at 2.2%, announced August 27, 2026 | |
| Municipal councils of Greater Victoria (13) | Each council decides zoning and approves new housing in its own area. | Local Government Act, s. 479 | ||
| Government of Canada and Parliament | Finances and insures housing loans through Canada Mortgage and Housing Corporation. | National Housing Act, s. 3 |
No government decides this directly. Landlords set rents within these rules.
Councils: last general local election October 17, 2026; next on October 19, 2030, the third Saturday of October set by the Local Government Act, s. 52. Province: last general election October 19, 2024; next set for October 21, 2028 unless called earlier (Constitution Act, s. 23). Canada: last general election April 28, 2025; next set for October 15, 2029 unless called earlier (Canada Elections Act, s. 56.1).
Each row says what a body decides and links to the law, order or bylaw that gives it that role. It does not say who caused a change: markets, households and other governments also move these numbers. Who decides what, for every measure · How we choose
What this number does not show
- The Province’s yearly limit on rent increases applies to rent increases during a tenancy, so it protects sitting tenants (Residential Tenancy Act, s. 43: “A landlord may impose a rent increase only up to the amount” set under the Act). The asking rent is what a new tenant is asked to pay for a place listed today.
One more limit
- This is CMHC's headline figure: the average rent paid by current tenants of two-bedroom units in purpose-built rental apartment buildings with three or more units, surveyed each October. Earlier versions of this site used the six-units-and-over series ($2,127 for 2025), which is not CMHC's headline.
Not measured yet in cost of living: rent in basement suites, rented condos and houses. See all 17 gaps
In plain words
Up 5.1% in a year (CMHC’s same-building comparison). Up 46% since 2019.
The average monthly rent paid by current tenants of two-bedroom apartments in purpose-built rental buildings of three or more units (CMHC’s headline figure), surveyed each October. The change shown is CMHC’s own same-sample estimate.
How we decide “Worse”
CMHC marks the +5.1% change as statistically significant (quality b)
A lower number means the average monthly rent is lower. $2,120 in October 2025 compared with $1,993 in October 2024. CMHC's own estimate of the change, using only buildings surveyed in both years, is +5.1%; the change in the two averages is +6.4%, partly because new, more expensive buildings joined the survey. City of Victoria (CMHC zones 1–4): $2,078 (was $1,956), same-sample change +5.7% (quality c).
Outcome measures read Better, Worse or About the same; published government targets read Ahead of, On or Behind target; value-judgement measures read Rising, Falling or Steady in a neutral colour. A change smaller than the agency's own margin of error, or otherwise smaller than 5% of the earlier value, is About the same (or Steady). No change is calculated across a marked break in a series. The rule.
All notes on this number
Why it matters. Rent is the largest monthly cost for many households. This figure shows what sitting tenants pay; see the asking rent for what people looking for a place today are asked to pay.
- The Province’s yearly limit on rent increases applies to rent increases during a tenancy, so it protects sitting tenants (Residential Tenancy Act, s. 43: “A landlord may impose a rent increase only up to the amount” set under the Act). The asking rent is what a new tenant is asked to pay for a place listed today.
- This is CMHC's headline figure: the average rent paid by current tenants of two-bedroom units in purpose-built rental apartment buildings with three or more units, surveyed each October. Earlier versions of this site used the six-units-and-over series ($2,127 for 2025), which is not CMHC's headline.
- The change shown is CMHC's same-sample estimate: it compares only buildings surveyed in both years, so new buildings joining the survey do not push it up. The change in the two averages is larger.
- It is not the asking rent for a place listed today, which is usually higher; see “Asking rent for a 2-bedroom”.
- It does not include basement suites, condos rented out by owners, houses or small buildings.
- The area is the Victoria census metropolitan area, which is larger than the City of Victoria. City figures come from CMHC's zones 1 to 4, which together make up the City.
- The Greater Victoria line goes back to 1992, the first year of this series in Statistics Canada table 34-10-0133-01. Rents are in dollars of each year, not adjusted for inflation (see “Rent after inflation”). Statistics Canada notes that the area is redrawn every five years to follow the latest census, so years far apart are not strictly comparable.
Which places
Area: Greater Victoria (CMA)
Statistics Canada’s Victoria metropolitan area: 13 municipalities plus nearby electoral-area and reserve lands.
Included
- Victoria
- Saanich
- Oak Bay
- Esquimalt
- View Royal
- Langford
- Colwood
- Highlands
- Metchosin
- Sooke
- Central Saanich
- North Saanich
- Sidney
- Juan de Fuca electoral area, part 1 (for example East Sooke, Jordan River and Shirley)
- First Nations reserves: Cole Bay 3, Union Bay 4, East Saanich 2, South Saanich 1, Becher Bay 1, Esquimalt, New Songhees 1A and T'Sou-ke
Not included
- Salt Spring Island
- Southern Gulf Islands (Galiano, Mayne, Pender and Saturna islands)
- Port Renfrew area (Juan de Fuca electoral area, part 2)
Official definition
Shown for comparison
- Comparison area: City of Victoria The City of Victoria municipality only, all neighbourhoods.
How the agency describes it: Victoria census metropolitan area (Greater Victoria), with the City of Victoria shown separately.
How we got it
This number is published by the agency as shown; it is not calculated here. The script reads it from the agency’s own file.
City of Victoria
- City of Victoria (CMHC zones 1–4): $2,078 a month (October 2025). Was $1,956 in October 2024. Same-sample change +5.7% (CMHC quality c).
Licence and credits
Published under an open licence: anyone may reuse it with credit. About licences.
- Licence
- CMHC Licence Agreement for the Use of Data; also listed as Open Government Licence - Canada
- Updated by agency
- Annually (survey in October, published in December); latest release Dec 17, 2025
- Retrieved
- Nov 11, 2026, 9:01 PM B.C. time
The open.canada.ca record lists this table under the Open Government Licence - Canada; the Statistics Canada table footnote says CMHC's licence governs. Both allow free reuse with attribution.
Adapted from Canada Mortgage and Housing Corporation, Rental Market Report data table, Victoria (average rent and same-sample change, two-bedroom, private apartments), October 2025. This does not constitute an endorsement by Canada Mortgage and Housing Corporation of this product. Adapted from Statistics Canada, table 34-10-0133-01. This does not constitute an endorsement by Statistics Canada of this product.
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