Average Rent in Vancouver, WA

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Current Versus Historical Vancouver, WA Rents

Vancouver rentals average $1,238 for a studio rental to $3,995 for a 4-bedroom rental. The median price of all currently available listings is $1,595, or roughly $2 per square feet.
For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $129 (11.03%) year-over-year from $1,166 to $1,295. 1-bedroom rentals prices have decreased by $310 (-18.17%) year-over-year from $1,705 to $1,395. 2-bedroom rentals prices have decreased by $80 (-4.91%) year-over-year from $1,630 to $1,550. 3-bedroom rentals prices have decreased by $98 (-4.29%) year-over-year from $2,293 to $2,195. 4-bedroom rentals prices have increased by $1,353 (51.23%) year-over-year from $2,642 to $3,995. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 10.24% this month. 1-bedroom rents have gone down by 7.35% this month. 2-bedroom rents have gone down by 3.28% this month. 3-bedroom rents have gone down by 1.50% this month. 4-bedroom rents have gone up by 26.29% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.92 $1,295 $1,166 (11.03%) $1,850 (-30.01%)
1 BR $2.01 $1,395 $1,705 (-18.17%) $1,436 (-2.86%)
2 BR $1.72 $1,550 $1,630 (-4.91%) $1,722 (-9.97%)
3 BR $1.61 $2,195 $2,293 (-4.29%) $1,922 (14.19%)
4+ BR $1.28 $3,995 $2,642 (51.23%) $2,190 (82.42%)

Historical Rents in Vancouver, WA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Vancouver

There are a total of 4 cities nearby Vancouver. The average rent in Vancouver is currently $1,538 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Gresham, OR, with an average rent of $1,450, is the most affordable city nearby. In contrast, the most expensive city near Vancouver, WA is Hillsboro, OR. Monthly rents here are on average $2,100 per month.

Let's compare Vancouver, WA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Vancouver, WA is 61.72% more expensive than other cities nearby. One bedrooms are about 2.69% more expensive. Two bedrooms in Vancouver, WA are about 5.56% more affordable. Finally, rent for three bedrooms are about 12.54% more affordable. Want more information? Check out the top 4 cities near Vancouver, WA in the following chart.
City Studio 1 Bed 2 Bed All
Gresham, OR $948 $1,195 $1,495 $1,450
Portland, OR $1,150 $1,365 $1,625 $1,475
Beaverton, OR N/A $1,350 $1,695 $1,600
Hillsboro, OR N/A $1,450 $1,750 $2,100

Top Neighborhoods Near Vancouver

There are a total of 1 neighborhoods in or near Vancouver. We've included all of these top 1 neighborhoods in or near Vancouver, WA in the following chart.

The average rent for these 1 neighborhoods in or near Vancouver, WA is currently around $1,295 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Vancouver, Northwest District has the most affordable average rent at $1,295 per month. Whereas, at $1,295 average rent per month, Northwest District is the most expensive neighborhood in or near Vancouver. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Northwest District, Portland, OR $1,150 $1,412 $1,923 $1,295

Top Counties Near Vancouver

There are a total of 1 counties located by Vancouver, WA. The average rent for rentals in these counties is $1,620. That's roughly around $2 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Multnomah, OR. It's average rent per month is $1,495. Vice versa, with an average rent of $1,745, Clark, WA is the most expensive county by Vancouver, WA.

Typically, rent for studios in Vancouver, WA is 1.21% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Vancouver, WA is 1.61% more expensive than other counties nearby. Finally, rent for two bedrooms in Vancouver, WA is 2.38% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Multnomah, OR $1,150 $1,350 $1,625 $1,495
Clark, WA $1,295 $1,395 $1,595 $1,745

Top Zipcodes Near Vancouver

There are a total of 9 zipcodes in or near Vancouver, WA. The average rent for all of these zipcodes is $1,395. A total of 8 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 97201, Portland, OR at $1,300 per month. In comparison, the zipcode with the most expensive average rent of $1,597 per month is 98661, Vancouver, WA.

Studios in these zipcodes have an average rent of $1,125. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Vancouver, WA is $1,373 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,720 per month. Which comes out to $2 per sqft. The following chart includes the top 9 zipcodes in Vancouver, WA. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
97217, Portland, OR $1,198 $1,365 $1,895 $1,495
97202, Portland, OR $1,125 $1,373 $1,620 $1,495
97214, Portland, OR $1,200 $1,375 $1,720 $1,395
97209, Portland, OR $1,125 $1,513 $2,255 $1,350
98661, Vancouver, WA N/A $1,198 $1,573 $1,597
97210, Portland, OR $1,173 $1,450 $1,950 $1,395
97203, Portland, OR $1,200 $1,375 $1,625 $1,545
97233, Portland, OR $1,010 $1,150 $1,350 $1,350
97201, Portland, OR $1,000 $1,349 $2,245 $1,300

Frequently Asked Questions - Vancouver Average Rents

What is the average rent price in Vancouver, WA?
The average monthly rental price for Vancouver, WA apartments for rent is approximately $1,595. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Vancouver, WA rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Vancouver, WA.
How much is a studio apartment in Vancouver, WA?
The average monthly rental price for studio apartments is $1,238 and an average price per square feet of $2.92. There are a total of 8 studio apartment listings currently available for rent in Vancouver.
How much is a one bedroom apartment in Vancouver, WA?
The average monthly rental price for one bedroom apartments is $1,395 and an average price per square feet of $2.01. There are a total of 31 one bedroom apartment listings currently available for rent in Vancouver.
How much is a two bedroom apartment in Vancouver, WA?
The average monthly rental price for two bedroom apartments is $1,573 and an average price per square feet of $1.72. There are a total of 68 two bedroom apartment listings currently available for rent in Vancouver.
How have rent prices in Vancouver, WA changed this year?
Rent prices for rentals in Vancouver, WA can fluctuate yearly. Specifically, studio rental prices have changed by 0.11%, one bedroom rental prices have changed by -0.18%, two bedroom rental prices have changed by -0.05%, and three bedroom rental prices have changed by -0.04% year-over-year.
What is a reasonable rent price in Vancouver, WA?
A reasonable rent price in Vancouver, WA is around $1,276/month. You can search for these reasonably priced rental listings on RentHop.
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