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June Rental Statistics

Welcome to our monthly snapshot of rental trends across the Capital Region. The June 2025 data reflects both seasonal changes and longer-term trends shaping the Victoria rental market. This report helps owners, renters, and investors understand where the market is headed and how to act accordingly.

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🔍 Month-Over-Month Rental Variance (May → June 2025)

Region	Studio	1 Bed	2 Bed	3 Bed
Victoria	↓ -0.63%	↓ -1.35%	↓ -0.63%	↑ +1.23%
Saanich	↓ -2.32%	↑ +0.22%	↓ -1.43%	↑ +2.56%
Esquimalt / Vic West	↓ -3.38%	↑ +0.12%	↑ +0.63%	↑ +2.34%
Langford / Colwood / View Royal	↓ -3.57%	↓ -1.13%	↑ +2.73%	↓ -2.20%
Sooke	↓ -3.60%	↓ -1.74%	↑ +0.85%	↓ -4.31%
Duncan	↓ -3.50%	↓ -2.84%	↓ -2.00%	↓ -4.67%

Source: Compiled from multiple listings platforms and internal analytics.

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📈 Year-Over-Year Rental Variance (June 2024 → June 2025)

Region	Studio	1 Bed	2 Bed	3 Bed
Victoria	↑ +6.00%	↑ +3.56%	↑ +2.29%	↑ +6.25%
Saanich	↓ -1.46%	↑ +1.53%	↑ +3.25%	↑ +1.89%
Esquimalt / Vic West	↑ +2.25%	↑ +2.34%	↑ +3.91%	↑ +2.03%
Langford / Colwood / View Royal	↓ -3.38%	↑ +0.42%	↑ +6.43%	↑ +3.70%
Sooke	↓ -3.45%	↓ -0.36%	↑ +0.78%	↓ -3.80%
Duncan	↓ -4.73%	↓ -2.66%	↓ -2.09%	↓ -4.94%

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🌐 Regional Highlights

Victoria

Slight monthly dips across most unit types, except for a notable increase in 3-bed units (+1.23%). Yearly performance remains strong with the highest gains seen in studios and family units.

Saanich

Saanich remains a steady performer. Minimal changes in rents month-over-month, but showing solid year-over-year strength, especially in 2- and 3-bedroom units.

Esquimalt / Vic West

Despite a minor studio rent dip this month, 1–3-bedroom units have seen growth. The area is stabilizing, but remains a healthy zone for rental growth.

Langford / Colwood / View Royal

A high-performance corridor for families. While studios and 1-bedroom units dipped, likely due to increased supply and rental incentives, 2-bedroom rents surged +2.73%.

Sooke

Continues to see minor declines across the board, especially in 3-bedroom homes (-4.31% MoM). Still a calm and steady market with minimal volatility.

Duncan

The only market with consistently negative movement both monthly and yearly. Demand remains weak — watch for seasonal adjustments or opportunities for repositioning.

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💡 What This Means for You

📬 For Property Managers:

• Promote 2- and 3-bedroom listings in Victoria, Langford, and Esquimalt where demand is climbing.
• Use targeted incentives for smaller units in Langford and Vic West to remain competitive.

🏠 For Owners:

• Invest or upgrade in Victoria and Langford — long-term gains are solid.
• Monitor your properties in Duncan and Sooke, where performance continues to dip.

💼 For Investors:

• Victoria and Langford remain top picks for returns.
• Consider Esquimalt/Vic West and Saanich for stable, lower-risk investments.
• Duncan may present entry opportunities but requires caution.

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📥 Need help navigating the rental market? Contact our experienced property management team for a customized strategy.