V105 CITY PROFILE · BC

Kelowna

Softening + slack rental · baseline updated February 2026.

Benchmark price$865,000↘ 0.5%

Average 2BR rent$2,1186.4% vacancy

Estimated mortgage$4,497/mobaseline assumption

Population222.2K2021 census baseline

Market scores

Affordability32

Relative purchasing accessibility compared with local incomes.

Rental competition4

Higher scores indicate a tighter rental market.

Investment potential18

Composite yield, growth and market-balance signal.

New construction53

Recent housing construction and permit momentum.

Market activity26

Price movement and buyer-activity conditions.

Buyer demand52

Population, migration and housing-demand pressure.

Housing supply33

How closely housing supply is keeping pace with demand.

Overall score28

Combined market, affordability, supply and demand rating.