Vancouver · Fairview
4 Bedroom House for Rent in Vancouver
$3,500 / month
A four-bedroom in Vancouver, asking $3,500 a month. It leaves 5 obvious questions unanswered, starting with: what floor is it on?
That is $1,650 below the middle of the 70 comparable rentals we are tracking in Vancouver, where most ask between $4,025 and $6,375.
The details
Highlights
Ask before you view
The advertisement doesn’t say, and it matters:
- What floor is it on?
- Which way does it face?
Roughly where it is
Approximate — listings rarely give an exact address, so treat this as the block, not the door.
Renting in Vancouver
Vancouver is the tightest rental market in Canada, and the good units are gone within a day or two of being posted. Refreshing listings by hand is how most people lose the apartment they wanted.
How this compares
What we’d expect it to ask
$4,615 / month
8 times in ten the answer lands between $3,434 and $6,142. That is the width of what we actually know, measured against listings this model had never seen — not a margin we chose.
Asking $3,500 is $1,115 below that — further below than the ±13.3% 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 4-bedrooms disagree with each other by about 40% from quartile to quartile, so the estimate is only as sharp as they are.
What moves that number
Nothing about this home pulls the estimate far from what its neighbours ask.
The advertisement does not state a floor area, so size is not priced in.
Each line is the difference this one thing makes, holding everything else where it is. They do not add up to the rent.
Location
23 min on foot to King Edward (Canada Line), about 32 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
$3,500 is $1,650 below the middle of the 70 4-bedrooms we are tracking in Vancouver right now ($5,150). Most of them ask between $4,025 and $6,375.
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 ad does not give a floor area either, so size is not in it.
This one is unusually forthcoming. It does state:
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?
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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