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Sep 24, 2024 · With very few new rental constructions, the vacancy rate hit lows of 0.2 per cent in 2017 and 0.6 per cent in 2021. In 2022 and 2023, it was pegged at 1.2 and 1.3 per cent respectively. However ...
6 days ago · Household data are provided by the US Census Bureau. The monthly rent for an apartment in Kelowna, BC is $2,240. A 1-bedroom apartment in Kelowna, BC costs about $2,056 on average, while a 2-bedroom apartment is $2,580. Houses for rent in Kelowna, BC are more expensive, with an average monthly cost of $2,500.
Feb 18, 2022 · The official Canada Mortgage and Housing rental vacancy rate shows Kelowna's fell to a 0.6% in 2021 from 2.1% the year before.That’s the lowest rate amongst all the Census Metropolitan Areas in ...
In 2022, the average rent for a two-bedroom unit in Kelowna was $1,665 per month and the average rent for a three-bedroom unit was $2,193 per month. The vacancy rate for apartment structures of six units and over was 1.2%, down from 2.1% in 2020. From January to June 2023, there were 1,765 housing starts and 967 completions in Kelowna. Both ...
Between three and five per cent is considered a healthy vacancy rate; however, in 2021 Kelowna’s vacancy rate dipped to 0.6 per cent, the lowest since 2017 (Figure 11)i. ... Rental rates also ...
Jan 27, 2023 · Story continues below advertisement. Kelowna’s vacancy rate is currently at 1.2 per cent, a slight increase from last year. Elsewhere around the Okanagan, rates are also low. Vernon is at 0.7 ...
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Although 2019 saw a record number of new rental units built in Kelowna, the vacancy rate for the primary rental market decreased from 2.7 per cent in 2019 to 2.1 per cent in 2020 (Figure 7)12.
