When it comes to rental properties in Langley, the Langley rental market 2025 is shaping up to be a year of transition, with shifting demand, softening rents, and rising Langley vacancy rates. Rents have cooled, more units are coming onto the market, and vacancy rates are beginning to inch upward. For property owners, these market changes present a mix of barriers and possibilities, largely determined by how effectively you adapt your approach.
Rental prices in Langley have softened compared to the peak levels in 2023–2024. While Langley remains more affordable than most Metro Vancouver communities, the overall trend is clear: the rapid rent growth of recent years has slowed, and in many cases, leveled off. What’s driving this?
Are Rents Going Down in Langley?
Yes, modestly.Rental prices in Langley have softened compared to the peak levels in 2023–2024. While Langley remains more affordable than most Metro Vancouver communities, the overall trend is clear: the rapid rent growth of recent years has slowed, and in many cases, leveled off. What’s driving this?
- More supply: A wave of new purpose-built rental buildings and condo investors listing units at the same time.
- Greater choice for tenants: With more inventory available, renters are taking more time to compare options.
- Economic caution: Tenants are more cautious with monthly budgets as living costs rise.
These Langley rental market trends reflect a normalization after several years of aggressive rent growth.
Are Rental Vacancies Rising in Langley?
Vacancies in Langley are still relatively low by national standards, but they are rising, especially in:
- Newer rental buildings with many identical units
- Areas farther from transit or amenities
- Units priced above local market averages
A higher vacancy rate doesn’t need to be a problem — but it does require owners to be strategic. A well-priced, well-presented rental in Langley still leases quickly. However, outdated units, unclear policies, or overpriced listings may now sit empty longer than before.
Which Areas of Langley Are Seeing the Most Rental Vacancies?
Vacancy pressure is most noticeable in areas with heavier new development, such as:
- Willoughby / Yorkson: Many new condos and rental buildings entering the market at the same time.
- Walnut Grove: Stable but experiencing slightly longer days-on-market for older or mid-priced units.
- Downtown Langley / City: Growing inventory due to recent multi-family construction.
How Owners Can Reduce Vacancies in Today’s Market
Many Langley landlords are turning to experienced property management in Langley to stay competitive in a shifting rental environment. Just as lease terms can shape your income, the strategy you use in a shifting market like Langley can significantly influence whether your unit rents quickly or sits empty. Here’s how to protect your returns:Price Strategically — Not Emotionally
Set your price based on current comparables, not last year’s peak.Even a difference of $50–$100 can dramatically reduce downtime.
Offer Lease Terms That Attract Stability
A twelve-month fixed-term lease is still the most common in British Columbia and provides stability in a cooling market. After that, it typically moves to a month-to-month arrangement. Flexibility can help too — offering renewal discussions at the 10-month mark, or clarifying notice expectations upfront, builds trust and reduces surprises.Highlight What Tenants Care About Most
In softer markets, renters are pickier. Make sure your listing communicates:- Pet-friendly policies (huge demand in Langley)
- In-suite laundry
- Parking availability
- Updated flooring, paint, or appliances
- Proximity to schools or transit
What This Means for Langley Landlords in 2025
The Langley rental market isn’t crashing — it’s normalizing. With more choice available for tenants, owners need to:- Stay competitive
- Present well-maintained units
- Use strong lease terms
- Price according to the real-time market