247694
253398
Kelowna  

Asking rent prices in December similar to 12 months earlier

Rent steady year over year

When all was said and done, the Central Okanagan’s average asking rent prices in 2024 did not differ much from 2023.

In fact, the asking price for a two-bedroom unit in December was down more than $50 from 12 months earlier.

The one-bedroom asking price in December, meanwhile, was only $13 more than it was during the same month in 2023.

The two-bedroom asking price in 2024 took a similar trajectory to 2023, rising to as high as $2,469 in May before dropping more than $300 to $2,143 in December, according to data collected from Castanet Classifieds.

It was the same story for one-bedrooms, which were going for an average of $1,570 in December 2023 and $1,583 in December 2024.

The December data was compiled from 49 one-bedroom and 58 two-bedroom listings.



More Kelowna News

254170