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Need a 3 bedroom place? Prepare to pay in Coquitlam

Rentseeker.ca says Coquitlam has the second-highest rents for three-bedroom units in the country.
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The city of Coquitlam has some of the highest rents in the country for three-bedroom apartments, second only to Vaughan, Ont., according to rentseeker.ca.

The city of Coquitlam has some of the highest rents in the country for three-bedroom apartments, second only to Vaughan, Ont., according to rentseeker.ca.

The website, which helps would-be tenants find homes, said the average price for a three-bedroom apartment in Coquitlam is $1,826 per month, $201 cheaper than first-place Vaughan and $1 higher than third-place Markham, Ont.

The prices are even greater than those in Vancouver, which has notoriously high rents but only charges an average of $1,369 for three-bedroom suites.

Coquitlam also rated high in one- and two-bedroom apartment rents, although they were far from the highest in the country.

According to rentseeker.ca, the average cost to rent a one-bedroom in Coquitlam was $1,028, the third highest in Metro Vancouver, behind Langley's $1,190 and Vancouver's $1,062.

In the two-bedroom apartment category, Coquitlam came in fourth in the region, behind Langley's $1,445, Vancouver's $1,345 and Richmond's $1,175.

Rentseeker.ca said the rankings were based on data from the Canadian Mortgage and Housing Corporation.

gmckenna@tricitynews.com

@gmckennaTC