56 Apartments under 1300 for rent in Vancouver, WA

Last updated September 26 at 6:51AM
2712 E 8th St
Hudson's Bay
Vancouver, WA
Updated September 26 at 3:47AM
2 Bedrooms
$995
3612 E. Evergreen Blvd
Edgewood Park
Vancouver, WA
Updated September 26 at 3:45AM
2 Bedrooms
$1,125
1900 E 35th st.
Rose Village
Vancouver, WA
Updated September 26 at 3:58AM
2 Bedrooms
$1,295
2007 Y Street
Central Park
Vancouver, WA
Updated September 26 at 3:56AM
1 Bedroom
$1,050
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Rent Report
Vancouver

September 2017 Vancouver Rent Report

Welcome to the September 2017 Vancouver Rent Report. Vancouver rents increased over the past month. In this report, we'll evaluate trends in the Vancouver rental market, including comparisons to similar cities nationwide.

Vancouver rents increased significantly over the past month

Vancouver rents have increased 0.6% over the past month, and have increased sharply by 6.8% in comparison to the same time last year. Currently, median rents in Vancouver stand at $1,360 for a one-bedroom apartment and $1,610 for a two-bedroom. This is the eighth straight month that the city has seen rent increases after a decline in December of last year. Vancouver's year-over-year rent growth leads the state average of 5.4%, as well as the national average of 3.0%.

Many large cities nationwide show more affordable rents compared to Vancouver

As rents have increased in Vancouver, a few large cities nationwide have seen also rents grow more modestly. Compared to most large cities across the country, Vancouver is less affordable for renters.

  • Rents also increased in other cities across the state, with Washington as a whole logging rent growth of 5.4% over the past year.
  • Vancouver's median two-bedroom rent of $1,610 is above the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 6.8% increase in Vancouver.
  • While Vancouver's rents rose over the past year, many cities nationwide also saw increases, including Seattle (+5.4%), Los Angeles (+5.0%), and Phoenix (+4.9%).
  • Renters will generally find more expensive prices in Vancouver than most large cities. For example, Spokane has a median 2BR rent of $870, where Vancouver is more than one-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.