Edmonds Heights
7907 Edmonds St,
Burnaby, BC V3N 0J9
Studio | Call for Rent
Rental Market Trends in New Westminster, BC
What is the average rent in New Westminster, BC?
C$2,077/month
Average Rent
542 Sq Ft
Average Apartment Size
-1.2%
Decrease in the Last Year
As of January 2025, the average rent in New Westminster, BC was C$2,077/month. When you rent an apartment in New Westminster, you can expect to pay as little as C$1,757 to as much as C$3,066, depending on the location and size of the apartment.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in New Westminster, BC?
In the past year, rent has decreased by 1.2%, which averages out to C$25 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2025
Legend
2024
2025
Rent Ranges in New Westminster, BC
Last Updated January 2025
Above C$2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below C$700/month
2%
C$700 - C$1,000/month
8%
C$1,001 - C$1,500/month
23%
C$1,501 - C$2,000/month
68%
Above C$2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in New Westminster?
Based on current rent prices, New Westminster is the most affordable neighborhood in New Westminster.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in New Westminster?
Based on current rent prices, New Westminster is the most expensive neighborhood in New Westminster.
Neighborhood
Average Rent
Average Sq Ft
Which New Westminster neighborhoods have the most rentals available?
The neighborhood in New Westminster with the most apartments available is New Westminster .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in New Westminster, BC?
Because the average rent in New Westminster is C$2,077, you’ll want to make about C$6,923 per month or C$83,076 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does New Westminster, BC compare to other nearby cities and neighborhoods?
Use the tool below to compare New Westminster, BC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
C$1,783/month
C$1,783/month
One Bedroom
C$2,076/month
C$2,076/month
Two Bedroom
C$2,682/month
C$2,682/month
Three Bedroom
C$2,911/month
C$2,911/month
Nearby City Rent Trends
Apartment communities in New Westminster we think you'll love
Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.