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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.
🔍 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.
📈 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% |
🌐 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.
💡 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.
📥 Need help navigating the rental market? Contact our experienced property management team for a customized strategy.