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 May 2026, the average rent in Oak Bay, BC is $3,700 per month, which is 94% higher than the national average rent of $1,910 per month.
AVERAGE RENT
$3,700
48.3%$1,205 increase month-over-month
$3,700 increase year-over-year
AVAILABLE RENTALS
5
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,695 |
| 2 Bedrooms | $3,700 |
| 3 Bedrooms | — |
| 4 Bedrooms | $9,722 |
| All | $2,495 |
As of May 2026, the average rent for a 1 bedroom rental in Oak Bay, BC is $1,695 per month, followed by $3,700 for a 2 bedroom rental, and $9,722 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,695 |
| 2 Bedrooms | — |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,695 |
As of May 2026, the average rent for a 1 bedroom apartment in Oak Bay, BC is $1,695 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $3,700 |
| 3 Bedrooms | — |
| 4 Bedrooms | $9,722 |
| All | $3,700 |
As of May 2026, the average rent for a 2 bedroom house in Oak Bay, BC is $3,700 per month, followed by $9,722 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
This year (2026)
Last year (2025)
Rent distribution
40% of rentals have rent of $3,000-$3,799/month
Rental price range
The price range for rentals is $1,695 to $9,500.
