Average rent was $1,556 a month in October 2025, below Courtenay at $1,622 and Nanaimo at $1,688. Campbell River's average had risen by $254 since 2022.
October surveys, 2021 to 2025 · Average monthly rent ($)
$1,5562025 · Campbell River
- Campbell River$1,556
- Courtenay$1,622
- Nanaimo$1,688
Sources & methods
Average rent reflects the surveyed purpose-built stock and its mix. It is not an asking-rent measure for every available unit.
| Year | Campbell River | Courtenay | Nanaimo |
|---|---|---|---|
| 2021 | $1,269 | $1,201 | $1,200 |
| 2022 | $1,302 | $1,308 | $1,355 |
| 2023 | $1,464 | $1,384 | $1,465 |
| 2024 | $1,428 | $1,596 | $1,556 |
| 2025 | $1,556 | $1,622 | $1,688 |
What should be measured next: Watch turnover rents, vacancy, new rental completions and household income together before declaring the market healthy.