East Vancouver · Vancouver

3 Bedroom Apartment for Rent in East Vancouver

$2,150 / month

A 1,000 ft² three-bedroom apartment in East Vancouver, asking $2,150 a month. The listing mentions laundry in building, parking included and EV charging. It leaves 4 obvious questions unanswered, starting with: are pets allowed?

At $2,150 for 1,000 square feet, the asking rent works out to $2.15 per square foot.

That is $850 below the middle of the 201 comparable rentals we are tracking in East Vancouver, where most ask between $2,800 and $3,600.

The details

Rent$2,150
Bedrooms3
Size1000 ft²
FloorNot stated
ExposureNot stated
LaundryIn building
ParkingComes with the unit
Property typeApartment
AvailableNot stated
AreaEast Vancouver

Highlights

Parking includedLaundry in buildingEV charging

Ask before you view

The advertisement doesn’t say, and it matters:

  • What floor is it on?
  • Which way does it face?
  • Are pets allowed?
  • When is it available?

Roughly where it is

Approximate — listings rarely give an exact address, so treat this as the block, not the door.

Renting in East Vancouver

East Van is the most affordable part of the city proper, and the most house-suite-dependent. A large share of what rents here is a basement or upper floor of someone's home rather than an apartment building.

TransitExpo and Millennium Lines along the southern and eastern edges; heavy bus coverage on Commercial, Hastings and Kingsway.
Green spaceTrout Lake, Hastings Park and the PNE grounds, Central Park at the Boundary Road edge, New Brighton.

More about renting in East Vancouver

How this compares

What we’d expect it to ask

$2,549 / month

8 times in ten the answer lands between $1,896 and $3,392. That is the width of what we actually know, measured against listings this model had never seen — not a margin we chose.

Asking $2,150 is $399 below that — further below than the ±13.5% we can put down to our own error. On size and location alone, it asks less than its neighbours do.

Asks less than we’d expect

Low confidence20 three-bedrooms within 2 kmTypically within 14.3%

Nearby 3-bedrooms disagree with each other by about 38% from quartile to quartile, so the estimate is only as sharp as they are.

What moves that number

This block asks less than the rest of the area−$167
1000 ft², smaller than most three-bedrooms nearby (typically 1130 ft²)−$144
3.0 km from the nearest SkyTrain (29th Avenue)−$118

Each line is the difference this one thing makes, holding everything else where it is. They do not add up to the rent.

Location

27 / 100fair

No SkyTrain station within walking distance, about 42 min to Waterfront.

Walk to SkyTrainNearest station is 29th Avenue, 3.0 km away — not a walk0
Transit to downtownAbout 42 min to Waterfront: bus to 29th Avenue, then Expo Line straight through14
Town centre1.6 km from the centre of Fraser Street — the nearest town centre to this address12
More than one lineNo SkyTrain line is within walking distance0
Green space21 min walk to Memorial South Park (14 ha)1

Scored from the map pin alone — rapid transit, town centres and parks, in straight lines. It knows nothing about the street, the hill, the building or the neighbours, and buses and the SeaBus are not in it, so places served by those score lower here than they deserve.

Against the ones next to it

$2,150 is $850 below the middle of the 201 3-bedrooms we are tracking in East Vancouver right now ($3,000). Most of them ask between $2,800 and $3,600.

A straight count of asking prices in the area, with nothing adjusted for — unlike the estimate above, it does not care that this one is bigger or closer to a station.

What the estimate cannot see

Floor, view, condition, noise and everything inside the walls are missing from all but a handful of the advertisements we index, so none of them are priced in above. Two identical floor plans, one renovated and one not, get the same estimate from us.

This one is unusually forthcoming. It does state:

ApartmentLaundry: in buildingParking: comes with the unit

Worth reading — but too rare across the feed for us to put a number on.

The advertisement doesn’t say, and it matters:

  • What floor is it on?
  • Which way does it face?
  • Are pets allowed?
  • When is it available?

Estimated from the listings on this site, not a market survey, and from asking rents — what a home is advertised at, not what it lets for.

Similar in East Vancouver

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