What is the Standard Rent in Vancouver? The average monthly rent for a one-bedroom apartment in the City of Vancouver is roughly $2600, while the average monthly rent for a two-bedroom apartment is about $3800, according to the July 2023 rental report from Rentals.ca and liv.rent. Although the majority of students won't rent private apartments for themselves while they are in school, these rental expenses have an impact on alternative housing options like communal living and homestay.

In order to estimate the cost of rent in Vancouver, we will examine various choices for student housing in this part, icomprisinh of market rental purposes, on-campus student housing, off-campus student housing, and home stay options.
The most popular choice in Vancouver is market rental because it is open to everyone seeking a place to reside.

Students must, however, contend with working professionals, who landlords frequently favour because of their consistent income.

The fact that they can rent or share an apartment with friends, classmates, or family, however, may make it the greatest choice for students. The most popular websites in Vancouver for finding rental properties are;

• Zumper
• Rental.ca
• Liv.rent
• Craigslist

Of the aforementioned rental marketplaces
Craigslist and Zumper have the most alternatives, but they are also the places where consumers run into rental scams the most frequently. You should definitely read our two posts because they can make the rental procedure simpler:

Student Accommodation in Vancouver: In Vancouver, there are three primary possibilities for student housing:

Housing for students on campuses: UBC, SFU, BCIT, CapU, GEC Living and other off-campus subletting providers homestay.

The Primary distinctions between these three solutions are pretty clear. On-campus housing is the closest to the college and has low rental costs, but it exclusively provides housing for its own students. All students are eligible to apply for off-campus student housing, which has flexible lease periods and slightly higher rental fees.

The least expensive alternative would be a homestay, but it can be far from university and not live up to expectations. We'll provide you some fundamental details about the many alternatives for student living below. There are four main universities in Vancouver that offer on-campus housing options for students: UBC, SFU, BCIT, and CapU.

These places are ideally positioned close to the university and provide students with inexpensive rental rates. On-campus housing does have several drawbacks, including its small capacity and exclusivity to its own students.

UBC Student Housing ( On-campus) Housing for Students at UBC, two people studying together in a dorm at UBC. UBC is the biggest On-campus student housing community in Canada. Private rooms and shared townhouses are both options for lodging. The following rental rates are available for both shares and private bedrooms in apartments, according to UBC student residences:

Sharing a bedroom Varying from $960-$1,182 per month per bed, or $11521.9 -$14191.96 per year per bed.

Private Bedroom Varying between $1134 -$1260 per month or $13612-$151122.99 annually.

Homestay It is the least expensive option and gives international students the chance to live with a local family in Vancouver. However, for university and college students, this might not be the greatest choice. The majority of homestays are located far from colleges and universities, and they frequently include a number of requirements and norms that students must follow, like a curfew that forces them to return home by a particular hour.

Another important drawback is that there is no set standard for homestays, which makes it a gamble for students as they might not know how good a homestay will be until they get there.

We'll use Vancouver Central Homestay Ltd, as an example because homestay rates vary depending on the agency companies:

• $1000 for four weeks of homestay (no meals, lowest)
• Homestay for two meals: $1200 for 4 weeks.
• The cost of a homestay for 3 meals for four weeks is around $1600.