What you need to know
2024 average monthly rent for privately-owned SROs
As of November 2024, the average monthly rent for privately-owned SROs is $681 per month. This includes information from privately-owned and operated units, those privately owned but operated by a non-profit, and buildings owned by Chinese Benevolent Societies.
Average rents in the private SRO sector have risen by 21% since 2019, reaching $681 in 2024.
Often the last resort before homelessness, Single Room Accommodation (SRA) rooms (commonly known as SRO hotels) in the Downtown Eastside and Downtown Core, provide affordable accommodation for people who have very low incomes and face significant barriers to securing housing in Vancouver.