Fort St. John has second-highest rent in British Columbia

Fort St. John continues to rank high when it comes to rental costs, coming in second in the province according to a report, behind only ultra-expensive Vancouver.

On Monday, the Canada Mortgage and Housing Corporation released a bi-annual report detailing rental prices across Canada.  

article continues below

The Energetic City’s average rent for private apartment units this spring was $1,013 per month. Vancouver’s average rent was $1,121.

For bachelor and one-bedroom apartments, the average price in Fort St. John was $751 and $879, respectively. Two-bedrooms were $1,111, and more than three bedroom apartments went for $1,155 per month.

But don’t expect rents to come down any time soon, according to city councillor and Fort St. John realtor Trevor Bolin. He explained that as landlords incur higher costs, such as gas bills, Hydro bills and property taxes, rents tend to increase.

RELATED STORY: Dawson Creek has third-highest rent in province, highest vacancy rate

“As landlords are incurring these costs, they’re passing them on with the rent increases,” he said.  

Fort St. John had a vacancy rate of four per cent in the same period, ranking it 11th out of 27 cities in the province.

The city with the highest vacancy rate was Fort St. John’s neighbour to the south, Dawson Creek, which had a vacancy rate of 8.9 per cent. The lowest cities were Nelson and Squamish, which were tied with vacancy rates of 1.6 per cent respectively.

reporter@ahnfsj.ca

© Copyright Alaska Highway News

Comments

NOTE: To post a comment you must have an account with at least one of the following services: Disqus, Facebook, Twitter, Google+ You may then login using your account credentials for that service. If you do not already have an account you may register a new profile with Disqus by first clicking the "Post as" button and then the link: "Don't have one? Register a new profile".

The Alaska Highway News welcomes your opinions and comments. We do not allow personal attacks, offensive language or unsubstantiated allegations. We reserve the right to edit comments for length, style, legality and taste and reproduce them in print, electronic or otherwise. For further information, please contact the editor or publisher, or see our Terms and Conditions.

comments powered by Disqus
Alaska Highway People's Choice 2019
Sign Up for our Newsletter!

Popular News

Lowest Gas Prices in Chetwynd, Dawson Creek, Fort Nelson, Fort St John, Tumbler Ridge
British Columbia Gas Prices provided by GasBuddy.com

Community Event Calendar


Find out what's happening in your community and submit your own local events.