Rental Housing Market

The 2006 Census reported 19,410 occupied private dwellings in Greater Penticton, of which 5,530 (30 percent) are rented dwellings.

CMHC’s survey of the rental market for B.C. reported a vacancy rate of 3.1 per cent in April 2010, and of the 165,095 units of total rental supply in B.C., there were 5,165 units vacant.

CMHC, Rental Market Report, British Columbia Highlights, Spring 2011

Monthly Rent for Housing Types

The following shows a typical range of monthly rents for a variety of housing types and sizes as tabulated from the classified ads of The Penticton Herald.

Type of Housing Price Range ($ per month)
Studio 1-Bed 2-Bed 3-Bed 4-Bed
Suites/Apartments 500 – 700 600 – 800 800 – 1,000
Condos 995 – 1,300 925 – 1,800
Townhouses 1,100 – 1,290 1,000 – 1,700
Duplexes/Fourplexes 550 – 900 900 – 1150 1,000 – 1,350
Houses 900 – 1,100 1,100 – 1,300 1,350 – 1,500

Some local rental listings available at:

Penticton Realty Executives

Penticton Herald

Questions? Contact Penticton Economic Development

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