Yaletown is a prime-tier Vancouver submarket with average asking rent around C$56/sqft/yr · ≈ $41.4 PSF/yr USD.

  • Average asking rent: C$56/sqft/yr · ≈ $41.4 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: C$52/sqft/yr · ≈ $38.5 PSF/yr USD ($38 USD).
  • Citywide vacancy: 11.2% — submarket-level availability is typically tighter at prime tier.

Yaletown, Vancouver office rents and availability

Yaletown is a prime-tier Vancouver submarket with average asking rent around C$56/sqft/yr · ≈ $41.4 PSF/yr USD.

TL;DR

  • Average asking rent: C$56/sqft/yr · ≈ $41.4 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: C$52/sqft/yr · ≈ $38.5 PSF/yr USD ($38 USD).
  • Citywide vacancy: 11.2% — submarket-level availability is typically tighter at prime tier.

Where rent sits

Yaletown averages around C$56/sqft/yr · ≈ $41.4 PSF/yr USD for Class A, against a citywide Class A index of 52. As a prime submarket, rent runs at or above city average with mostly tight availability.

Availability dynamics

Repositioned creative-class submarket. Tech, creative agencies, advertising, design firms.

Key facts

cityVancouver
submarketYaletown
tierprime
averageRentLocalC$56/sqft/yr · ≈ $41.4 PSF/yr USD
cityClassARentUsd$38/sqft/yr
cityVacancyPct11.2%

Frequently asked questions

What is the average Class A rent in Yaletown, Vancouver?
Around C$56/sqft/yr · ≈ $41.4 PSF/yr USD. The citywide Class A index sits at C$52/sqft/yr · ≈ $38.5 PSF/yr USD.

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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