Vancouver building rent estimates

Compares the building's average rent to similar units in the same neighbourhood, adjusting for bedrooms, unit type, amenities, and building type. A building that prices fairly for its category scores well here, whether it is affordable or upscale.

Comes from the transit access recorded for the building. Where that is not recorded, the component scores in the middle rather than guessing. Walkability, distance to downtown and campus proximity are not currently inputs, despite what an earlier version of this page said.

Scores the amenities renters actually care about: in-unit laundry, parking, air conditioning, gym, concierge, elevator, balcony, pet friendliness, and storage.

Compares the building's average reported rent against the neighbourhood benchmark. It is the same comparison as rent fairness on a different scale, not a separate comparison against nearby listings.

Scores how reliable the estimate is based on how much renter data FairRent has collected for that building. More recent submissions from more renters means a more reliable estimate.

Derived from the same rent-to-benchmark ratio as the first and fourth components. It does not use income data, and it does not look at student budgets. An earlier version of this page said it did, which was not true of the code.

Each building gets a score out of 100 from six components: rent fairness (35 points), value for location (15 points), building features and amenities (15 points), market competitiveness (15 points), renter data confidence (10 points), and affordability pressure (10 points). Three of those, worth 60 points together, are all derived from one figure: the building's average reported rent against the neighbourhood benchmark. Read the score as one price comparison with an amenities and transit adjustment, not as six independent measurements. Scores are estimates. They are not official ratings and nothing about them is verified.

A score only appears when FairRent has at least 5 renter submissions for that building. Fewer than that and we show Limited data to protect renter privacy and avoid misleading averages. The easiest way to improve your building's score is to submit your own rent anonymously.

Yes. We do not punish a building just because it is expensive. A luxury building can still score well if its rent is fair compared to similar luxury buildings in the same neighbourhood. The score compares like with like, not luxury buildings to student apartments.

FairRent Canada focuses on rent data, not reviews. We collect anonymous rent amounts and building details from current and past tenants to build a data picture of what renters actually pay. We do not publish reviews, complaints, or accusations about landlords.

We do not collect your name, unit number, email, or any details that could identify you, and we never show an individual report on its own. Nothing renter-derived is published for a building with fewer than 5 reports, because a building is a much narrower group than a neighbourhood and a figure built from one or two reports points at those households directly. What we will not claim is that identification is impossible: someone who already knew a great deal about a specific home might still recognise it, and no anonymous dataset can rule that out.

No. FairRent Canada scores are estimates for general comparison only. They are based on available market data and anonymous submissions. Nothing on this page is legal advice, an official building rating, or a finding about any landlord or property.