What's the average rent in Oak Bay, BC?
Rental Market Trends in Oak Bay, BC
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SOURCE: TRULIA DATA
Rental market highlights
As of September 2026, the average rent in Oak Bay, BC is $2,100 per month, which is 8% higher than the national average rent of $1,948 per month.
AVERAGE RENT
$2,100
0.0%No change month over month
7.7%$150 increase year-over-year
AVAILABLE RENTALS
3
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,795 |
| 2 Bedrooms | $6,500 |
| 3 Bedrooms | $5,000 |
| 4 Bedrooms | — |
| All | $2,100 |
As of September 2026, the average rent for a 1 bedroom rental in Oak Bay, BC is $1,795 per month, followed by $6,500 for a 2 bedroom rental, and $5,000 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,795 |
| 2 Bedrooms | — |
| 3 Bedrooms | $5,000 |
| 4 Bedrooms | — |
| All | $1,795 |
As of September 2026, the average rent for a 1 bedroom apartment in Oak Bay, BC is $1,795 per month, followed by $5,000 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,100 |
| 2 Bedrooms | $6,500 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $2,100 |
As of September 2026, the average rent for a 1 bedroom house in Oak Bay, BC is $2,100 per month, followed by $6,500 for a 2 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +156% compared to the previous year, which is a +$3,050 increase.
This year (2026)
Last year (2025)
Rent distribution
60% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $1,795 to $6,500.