Finding the right rental place might be a little challenging if you do not know the common tips for renting in Vancouver as a first-timer. We’re GEC Living, Vancouver’s largest off-campus student accommodation provider, and we have outlined valuable information to guide you on how to find the right accommodation without hassles.
Knowing where you will be travelling to on a daily or regular basis is crucial before finding a place. You don’t want to travel more than 1+ hour nor take more than 2 transfers to get to the place daily right?
Most of the newcomers should have already known their work or school address before landing. But what if you just plan to chill in Vancouver for the first few months? Here are a few neighbourhoods you should consider as they are all centrally located and transit accessible in Vancouver.
You don’t need to read this part if the budget it’s not your concern. However, if you do, below is Vancouver’s average rent report created by liv.rent for Oct 2022.
Yes, the rent is very expensive in Vancouver and will most likely stay the same if not increase higher in the coming years. If the numbers above are well out of your budget, you might consider renting shared accommodation.
A typical private bedroom in a shared house or apartment will be around $700 to $1,500 per month across Metro Vancouver. Craiglist is the most commonly used rental platform people use for finding a shared place in Vancouver.
Plenty of rental sites are available for the Vancouver market, and we wrote another blog about the top 8 rental sites you should use to find your rental place in Vancouver. To save you some time to read another blog, here is a quick summary:
Another smart move is to work with a rental agency, some of them are professional enough and could save you a lot of time and energy. Here are a few recommendations:
As a newcomer or first-timer renter, it might be difficult to compete with other renters as you don’t have enough credit records in Canada. However, you should prepare as much information as possible before submitting your rental application. Here is the list:
Note: you don’t need to send over that information beforehand. Wait for the landlord or property manager’s request if they are seriously considering you as a potential tenant.
This is one of the most crucial parts before and after signing your leasing agreement, as well as avoiding scammers. You should at least get a rough idea of your rights and responsibilities as a renter in Vancouver. You can find detailed information below:
Reported rental scams have increased dramatically in Vancouver over the past few years, be sure to read below to avoid any scams:
Residential Rental Scams:
You believe that the owner or landlord is showing you a property you are interested in renting. Or maybe you live elsewhere and are unable to view a property in person before agreeing to rent it. So you pay a deposit, but when you show up to move in, the property was never available for rent and you are out your deposit.
If the price is too good to be true, or they ask for cash only, a cash security deposit, or money to be wired, that should be a red flag.
- Don’t send money to anyone you have not met in person and/or for a property you have not seen in person
- Ask for identification from anyone showing you the property and write down their licence plate if they arrive by car
- Search for owner information in the Land Titles office to confirm you are dealing with the owner
liv.rent also has summarized pretty well on how to protect yourself from rental scams in Canada.
If you didn’t have a chance to view the place in person before move-in, then a move-in inspection is critical to confirm that all the information is correct according to your lease agreement.
Here is a list of items you need to make sure:
Finally, we hope the above tips can streamline your rental process in Vancouver. Oh, wait, are you a student? You should probably consider GEC Living!
GEC Living is the largest off-campus student accommodation provider in Vancouver, and we have welcomed over 10,000 students from 70+ countries over the past years. Make sure to inquire about GEC availabilities before searching elsewhere!