Living in Oak Bay, Victoria

Monthly rent in CAD ($). First-hand contracts come straight from the landlord or housing company. Second-hand contracts are sublets, and they usually cost more.

Within AffordWhere's Victoria dataset, a one-bedroom here averages about $2,300/month — roughly 8% above the city median, and among the pricier of the 6 areas we track. Two-bedrooms run $2,500 - $3,200/month and three-bedrooms $3,100 - $3,900/month on second-hand contracts. At 15 minutes to the center by bus, it sits farther out than most Victoria areas in the set. On safety it rates 5/5, around the middle in the city. Based on its rent, commute, and the upscale, seaside, british tags, it may suit renters weighing rent against commute.

Weighing options? For cheaper rent, see Esquimalt. For a shorter commute, see Downtown Victoria.

Rent figures reflect official statistics compiled January 2026. See data sources.

OpenStreetMap maps Allenby Park as nearby green space and The Old Farm Market as the nearest supermarket around the Oak Bay reference point. A school and a pharmacy are also mapped within walking distance.

Amenity data from OpenStreetMap contributors, available under the Open Database License (ODbL). The extracted amenity dataset is published under the same license.

How much is rent in Oak Bay, Victoria?

A 1-bedroom apartment in Oak Bay costs $2,000 - $2,600/month (second-hand contract) or $1,800 - $2,350/month (first-hand). A 2-bedroom ranges from $2,500 - $3,200/month, and a 3-bedroom from $3,100 - $3,900/month.

Is Oak Bay safe for expats?

Oak Bay has a safety rating of 5/5 (Very Safe) on our scale. That is one of the higher ratings on the 1-5 scale; as always, check specific streets and visit at different times before signing a lease.

How long is the commute from Oak Bay to Victoria center?

The commute from Oak Bay to Victoria city center takes approximately 15 minutes by bus.

What is Oak Bay like to live in?

Upscale seaside municipality. British feel, beaches, tea rooms, prestigious address. In our data it is tagged as upscale, seaside, british.