Fair Rent Canada / Vancouver / Gastown

Average Rent in Gastown, Vancouver (2025)

Gastown is Vancouver's oldest neighbourhood, a National Historic Site known for its cobblestone streets, heritage brick buildings, and growing mix of upscale condos and rental conversions.

Gastown rents are 15% above the Vancouver average
Estimated fair rent ranges: Gastown
Unit typeEstimated range / mo
Bachelor / Studio$2,000 to $2,450
1 Bedroom$2,700 to $3,300
2 Bedroom$3,500 to $4,300
3 Bedroom$4,450 to $5,450
3+ Bedroom$5,400 to $6,600

Source: CMHC Rental Market Survey (October 2024) and community submissions. Updated March 2026.

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Frequently asked questions about rent in Gastown

What is the average rent for a 1-bedroom in Gastown?

Based on CMHC data and local renter submissions, the estimated fair range for a 1-bedroom in Gastown is $2,700 to $3,300 per month. This is 15% above the Vancouver average.

Does rent control apply in Gastown?

Yes. BC caps annual rent increases for existing tenants at the provincial guideline (3.0% for 2026). This applies to all residential tenancies in Gastown.

How do I check if my Gastown rent is fair?

Use the Vancouver Rent Calculator at https://vancouverfairrent.ca. Enter your neighbourhood, unit type, and monthly rent. You will receive a Fair Rent Canada Score from 1 to 10 showing how your rent compares to the local market.

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