North Vancouver leads Canadian cities in rental prices, with one-bedroom units averaging $2,667 and two-bedrooms $3,471. Burnaby ranks fourth, with one-bedroom rents at $2,336 and two-bedrooms at $3,024, both down from last year. British Columbia remains the priciest province for rentals, averaging $2,480 overall. March saw a 1.5% month-over-month rent increase across Canada, driven by seasonal demand and improved affordability despite high supply.