Oak Bay, BC rental market
What is the average rent in Oak Bay, BC?
Rental market summary
The average rent for all bedrooms and all property types in Oak Bay, BC is $2,100.
Average rent
$2,100
Month-over-month change
$0
Year-over-year change
+$150
Available rentals
4
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,795 to $6,500.
| Rent price | Number of rental properties |
|---|---|
| $1,700 | 1 |
| $2,000 | 1 |
| $2,100 | 1 |
| $4,900 | 1 |
| $5,000+ | 1 |
Average rent price over time
In the last year, rent has increased by $150 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jun | $12,500 | $1,775 |
| Sep | $1,950 | $1,750 |
| Oct | $1,950 | $3,700 |
| Nov | $1,950 | $2,495 |
| Dec | $1,785 | $2,495 |
Market temperature
The Oak Bay, BC rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Oak Bay, BC is 5% higher than the national average.
$2,100
$2,000
Rent in Oak Bay, BC
We created a seamless online experience for you - from shopping on the largest rental network, to applying, to paying rent.
Rent trends near Oak Bay, BC
Frequently asked questions
1. What is the average rent in Oak Bay, BC?
2. What is the average rent for a one-bedroom apartment in Oak Bay, BC?
3. What is the average rent for a two-bedroom apartment in Oak Bay, BC?
4. What is the average rent for a three-bedroom apartment in Oak Bay, BC?
5. How much does it cost to rent a house in Oak Bay, BC?
6. How has the rent in Oak Bay, BC changed in the last year?
7. How much has the rent in Oak Bay, BC increased/decreased in the last month?
8. How many available rentals are there in Oak Bay, BC?
9. How do rent prices in Oak Bay, BC compare with the national average?
