Victoria sees largest increase in available rentals in Canada’s top 10 markets
Available rental listings jumped 63% year over year in Victoria, while page views and favourites fell as renters became more selective.
- Available rental listings in Victoria increased 63 per cent year over year, the largest expansion among Canada's top 10 rental markets. RentCafe Canada ranked the city sixth nationally for renter interest in the first quarter of 2026.
- Rising inventory aligns with broader housing supply growth across British Columbia. Apartment completions in the province increased 43 per cent in 2025, according to data from Yardi and the Canada Mortgage and Housing Corporation.
- While page views of Victoria listings dropped 26 per cent and favorites fell 20 per cent, saved-search activity climbed 30 per cent, the highest growth rate among top cities.
- Nationally, Moncton ranked first for renter interest, followed by Hamilton, Ont., and Kingston, Ont. Victoria remains the highest-ranked city on Vancouver Island and one of two British Columbia communities in the top 10.
- RentCafe Canada notes that Victoria's climate, lifestyle, and proximity to Vancouver remain key factors driving demand. The city stays one of Canada's most sought-after rental markets despite the shift in search patterns.
11 Articles
11 Articles
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Victoria remains one of Canada’s most sought-after rental markets, despite signs that renters are becoming more selective in their housing searches. According to RentCafe Canada’s Renter Interest report for the first quarter of 2026, Victoria ranked sixth nationally for renter interest, maintaining its position from the previous quarter. The report found available rental listings in Victoria increased 63 per cent year over year, the largest incr…
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Victoria remains one of Canada’s most sought-after rental markets, despite signs that renters are becoming more selective in their housing searches. According to RentCafe Canada’s Renter Interest report for the first quarter of 2026, Victoria ranked sixth nationally for renter interest, maintaining its position from the previous quarter. The report found available rental listings in Victoria increased 63 per cent year over year, the largest incr…

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