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News / Business / Business Briefs

Vancouver rents up 6.7 percent, website finds

By The Columbian
Published: March 3, 2017, 5:26pm

Rents in Vancouver rose 6.7 percent year over year, according to the March report from a rental listing website.

Apartment List, headquartered in San Francisco, reports that Vancouver outpaces the national year-over-year increases of 1 percent. Median rents in the city range from $950 for a one-bedroom apartment to $1,130 for a two-bedroom.

The U.S. Department of Housing and Urban Development puts those average costs at $946 for a one-bedroom apartment and $1,053 for a two-bedroom apartment in the Portland-Vancouver-Hillsboro, Ore. metropolitan statistical area.

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