Vancouver · Vancouver

2 Bedroom Apartment for Rent in Vancouver

$4,700 / month

A 1,041 ft² two-bedroom in Vancouver, asking $4,700 a month. The listing mentions 2 bathrooms.

At $4,700 for 1,041 square feet, the asking rent works out to $4.51 per square foot.

That is $2,020 above the middle of the 431 comparable rentals we are tracking in Vancouver, where most ask between $2,295 and $3,215.

The details

Rent$4,700
Bedrooms2
Size1041 ft²
FloorNot stated
ExposureNot stated
LaundryNot stated
ParkingNot stated
Property typeNot stated
AvailableNot stated
AreaVancouver

Highlights

2 bathrooms

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 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.

TransitExpo, Millennium and Canada Lines; most of the city is inside a 30-minute commute to downtown.
Green spaceStanley Park, Queen Elizabeth Park, VanDusen, the seawall and False Creek greenway.

More about renting in Vancouver

How this compares

What we’d expect it to ask

$4,131 / month

8 times in ten the answer lands between $3,391 and $5,001. That is the width of what we actually know, measured against listings this model had never seen, not a margin we chose.

Asking $4,700 is $569 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.

Moderate confidence20 two-bedrooms within 500 mTypically within 9.6%

What moves that number

This block asks more than the rest of the area+$209
1041 ft², smaller than most two-bedrooms nearby (typically 1150 ft²)−$193
475 m from Yaletown-Roundhouse Station+$99

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

Location

73 / 100very good

8 min on foot to Yaletown-Roundhouse (Canada Line), about 15 min to Waterfront.

How the score breaks down
Walk to SkyTrain8 min walk to Yaletown-Roundhouse (Canada Line), about 480 m in a straight line33
Transit to downtownAbout 15 min to Waterfront: 8 min walk to Yaletown-Roundhouse, then Canada Line straight through23
Town centre1.3 km from the centre of Central Broadway, the nearest town centre to this address13
More than one line2 lines reachable on foot: Canada Line at Yaletown-Roundhouse (8 min), Expo Line at Granville (25 min)1
Green space16 min walk to Vanier Park (21 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

$4,700 is $2,020 above the middle of the 431 two-bedrooms we are tracking in Vancouver right now ($2,680). Most of them ask between $2,295 and $3,215.

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 Vancouver

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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