"We are never leaving": Victoria residents compare rent costs

Jul 25 2024, 5:27 pm

Renting in Victoria can be a challenge.

According to a recent report by Rentals.ca, Victoria ranked as Canada’s eighth most expensive major city to rent in the last month.

The average asking rent for a one-bedroom apartment was $2,178, and for a two-bedroom apartment, it was $2,859.

However, comments on a recent post on r/VictoriaBC suggest that the difficulty in finding good value rentals mainly affects those who are new to the market.

Long-term renters who have been in their units for 10 or 20 years are often shocked by the current market rates. A recent Reddit thread is lifting the veil on rental costs, highlighting this discrepancy with users sharing their experiences.

Here are some of the most interesting comments:

“$1,400, three-bedroom run-down apartment. Landlord doesn’t fix anything but we have outdoor space and he’s never raised our rent,” said r/. “So we are never leaving. Been here over 13 years.”

“$1,200ish for two-bedroom basement suite, but we’ve lived here for 12 years and will never be able to leave,” said r/. “We worry about what will happen if/when the house gets sold.”

“2,000 for two-bedroom top floor in old house near fort and richmond, shared backyard and garage/storage/laundry,” r/.”As crazy as it sounds it’s a really good deal in today’s market.”

Another commenter simply said they pay $3500 for a three-bedroom, 2,000 sq ft house with a big backyard in Gordon Head.

In Victoria, it appears people who have rented for a long time are getting the best deal in today’s market. But many aren’t as lucky and are simply making do with what they can in the market.

r/ who made the post said, “Everyone’s situation is unique. So, don’t be embarrassed. Put your data point out there.” They said they pay $1,600 for a one-bedroom in “an old shitty apartment near the Gorge.”

“$2,295 a month. One-bed, like 8 or 900 square feet. I am living in Fairfield/Humboldt valley over looking the park and a stones throw from Cook Street village,” added r/AndrewJimmyThompson. “Moved here a year ago when the housing situation was brutal so just took what I could.”

“I pay $1,500 for a small one-bedroom walk up just outside of downtown,” said r/ mergencyMolasses261. “It’s small but I love the separate living room and kitchen over open concept.”

Do you get what you pay for? Comment below with your thoughts.

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Ryan HookRyan Hook

Ryan is the Staff Writer for Daily Hive Victoria. He is an award-nominated journalist with bylines in publications such as VICE World News, Capital Daily, and the Globe and Mail, with appearances on Real Talk with Ryan Jespersen and The Big Story. This past summer, he hosted and produced his own television show for OPTIK TV. Catch him at the centre of all things fun and food in Victoria and around Vancouver Island.


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