What's the average rent in Nanaimo, BC?

Rental Market Trends in Nanaimo, BC

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Nanaimo, BC is $1,949 per month, which is about the same as the national average rent of $1,965 per month.

AVERAGE RENT

$1,949
-7.4%
-$156 decrease month-over-month
-2.3%
-$46 decrease year-over-year

AVAILABLE RENTALS

40

APARTMENTS

$1,913

HOUSES

$4,575

TOWNHOUSES

$1,802
As of August 2026, townhomes are the most affordable rental option in Nanaimo, BC at $1,802 per month, while houses are the most expensive at $4,575 per month. Apartments average $1,913 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,871
2 Bedrooms$2,219
3 Bedrooms$2,321
4 Bedrooms
All$1,949
As of August 2026, the average rent for a 1 bedroom rental in Nanaimo, BC is $1,871 per month, followed by $2,219 for a 2 bedroom rental, and $2,321 for a 3 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -3% compared to the previous year, which is a $59 decrease.
This year (2026)
Last year (2025)

Rent distribution

79% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $1,475 to $2,575.
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