Port Moody · PORT MOODY

2 Bedroom Apartment for Rent in Port Moody

$3,450 / month

A 970 ft² two-bedroom in Port Moody, asking $3,450 a month.

At $3,450 for 970 square feet, the asking rent works out to $3.56 per square foot.

That is $800 above the middle of the 14 comparable rentals we are tracking in Port Moody, where most ask between $2,275 and $2,875.

The details

Rent$3,450
Bedrooms2
Size970 ft²
FloorNot stated
ExposureNot stated
LaundryNot stated
ParkingNot stated
Property typeNot stated
AvailableNot stated
AreaPort Moody

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.

TransitMillennium Line at Moody Centre and Inlet Centre, plus West Coast Express. Roughly 50 minutes to downtown Vancouver.
Green spaceRocky Point Park, Bert Flinn Park, Sasamat and Buntzen Lakes, the Shoreline Trail.

More about renting in Port Moody

How this compares

What we’d expect it to ask

$2,437 / month

8 times in ten the answer lands between $1,881 and $3,115. That is the width of what we actually know, measured against listings this model had never seen, not a margin we chose.

Asking $3,450 is $1,013 above that, further above than the ±10% we can put down to our own error. Something about it may justify that; the ad may also simply be ambitious.

Low confidence20 two-bedrooms within 2 kmTypically within 12%

Nearby two-bedrooms disagree with each other by about 42% 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−$209
970 ft², larger than most two-bedrooms nearby (typically 850 ft²)+$144

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

26 min on foot to Burquitlam (Millennium Line), about 60 min to Waterfront.

How the score breaks down
Walk to SkyTrain25 min walk to Burquitlam (Millennium Line), about 1570 m in a straight line6
Transit to downtownAbout 60 min to Waterfront: bus to Burquitlam, then Millennium Line then Expo Line, 1 transfer6
Town centre1.6 km from the centre of Burquitlam, the nearest town centre to this address12
More than one lineOnly the Millennium Line is within walking distance0
Green space15 min walk to Westhill Park (13 ha)3

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

$3,450 is $800 above the middle of the 14 two-bedrooms we are tracking in Port Moody right now ($2,650). Most of them ask between $2,275 and $2,875.

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

Laundry, parking, air conditioning, the bathroom count and whether the home sits below ground are priced in wherever the advertisement states them. The floor, the view, the light, the condition and the noise are not, and nothing we hold measures them: two identical floor plans, one renovated and one not, get the same estimate from us.

Where an advertisement says nothing, we price it as unsaid rather than as absent. A short ad is not a worse home, and scoring it as one would price the landlord’s writing instead of the flat.

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.

Similar in Port Moody

Before you pay anything, read how to spot a rental scam. We record what an advertisement says; we cannot verify who posted it.

Worth reading before you view it

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Subletting and Assignment in BC: What Section 34 Requires

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