Port Moody · PORT MOODY
2 Bedroom Apartment for Rent in Port Moody
$2,000 / month
A 848 ft² two-bedroom in Port Moody, asking $2,000 a month. It leaves 5 obvious questions unanswered, starting with: are pets allowed?
At $2,000 for 848 square feet, the asking rent works out to $2.36 per square foot.
That is $800 below the middle of the 17 comparable rentals we are tracking in Port Moody, where most ask between $2,600 and $3,000.
The details
Ask before you view
The advertisement doesn’t say, and it matters:
- What floor is it on?
- 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
$2,643 / month
8 times in ten the answer lands between $1,966 and $3,517. That is the width of what we actually know, measured against listings this model had never seen — not a margin we chose.
Asking $2,000 is $643 below that — further below than the ±11.8% 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 two-bedrooms disagree with each other by about 40% from quartile to quartile, so the estimate is only as sharp as they are.
Location
27 min on foot to Moody Centre (Millennium Line), about 63 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
$2,000 is $800 below the middle of the 17 two-bedrooms we are tracking in Port Moody right now ($2,800). Most of them ask between $2,600 and $3,000.
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:
- What floor is it on?
- 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.
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