Port Moody · PORT MOODY
1 Bedroom Apartment for Rent in Port Moody
$1,900 / month
A 1,200 ft² one-bedroom in Port Moody, asking $1,900 a month. The listing mentions den and basement suite. It leaves 4 obvious questions unanswered, starting with: are pets allowed?
At $1,900 for 1,200 square feet, the asking rent works out to $1.58 per square foot.
That is $100 below the middle of the 21 comparable rentals we are tracking in Port Moody, where most ask between $1,800 and $2,100.
The details
Highlights
Ask before you view
The advertisement doesn’t say, and it matters:
- Which way does it face?
- Is parking included or extra?
- 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 Port Moody
Port Moody is small and walkable. Rocky Point Park sits at the head of the inlet, and the trails start immediately behind the buildings.
How this compares
What we’d expect it to ask
$2,563 / month
8 times in ten the answer lands between $1,907 and $3,410. That is the width of what we actually know, measured against listings this model had never seen — not a margin we chose.
Asking $1,900 is $663 below that — further below than the ±11.4% 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
Nearby one-bedrooms disagree with each other by about 54% from quartile to quartile, so the estimate is only as sharp as they are.
What moves that number
Each line is the difference this one thing makes, holding everything else where it is. They do not add up to the rent.
Location
30 min on foot to Moody Centre (Millennium Line), about 64 min to Waterfront.
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
$1,900 is $100 below the middle of the 21 one-bedrooms we are tracking in Port Moody right now ($2,000). Most of them ask between $1,800 and $2,100.
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.
The advertisement doesn’t say, and it matters:
- Which way does it face?
- Is parking included or extra?
- 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 Port Moody
Posted by a third party on Craigslist. Firstlook is not affiliated with or endorsed by them, and does not reproduce advertisement text or landlord contact details. To have this removed, email [email protected].