Avg. 1BR Rent

$1,950/mo

Avg. 2BR Rent

$2,450/mo

Source: Zumper, liv.rent · Updated April 2026

About Centennial Park

The area surrounding Centennial Park is one of White Rock’s most stable and desirable rental markets. This neighbourhood isn't defined by high-rises, but by its direct access to the city's largest green space, fostering a strong sense of community and attracting long-term tenants. Rental demand is consistently driven by families and professionals who value an active lifestyle and outdoor amenities. For property investors, this translates to lower vacancy rates and a high-quality tenant pool. Professional management is key to leveraging these advantages, ensuring properties are well-maintained to attract tenants who see the park as an extension of their home.

Local Landmarks & Transit

The neighbourhood is anchored by the 46-acre Centennial Park itself, which houses the Centennial Park Leisure Centre and Arena, an all-abilities playground, baseball diamonds, tennis courts, and an off-leash dog park. Just a short walk away, the White Rock Community Centre offers further recreational programs. For shopping and daily needs, the Semiahmoo Shopping Centre is the primary retail hub, featuring a variety of stores and services. While not directly on a SkyTrain line, the area is well-serviced by TransLink buses connecting to the broader South Surrey and White Rock network, providing access to the waterfront and other key destinations.

Building Types & Housing Stock

The housing stock around Centennial Park is predominantly composed of single-family homes, many of which feature valuable secondary suites that are popular in the rental market. You will also find a significant number of low-rise wood-frame condominium buildings, typically built between the 1980s and 2000s, offering two and three-bedroom units ideal for families and downsizers. There are also pockets of older townhome complexes that provide a middle ground between condos and detached houses. The area has very few high-rise towers, preserving a more suburban, community-oriented feel that is a major draw for tenants.

Typical Tenant Profile

The tenant profile in the Centennial Park area consists heavily of families with children, drawn to the expansive park, playgrounds, and nearby schools like White Rock Elementary. Active professionals and couples aged 30-50 also favour the neighbourhood for its balance of tranquility and recreational opportunities. Unlike the waterfront, which attracts more transient or seasonal renters, this area appeals to long-term residents seeking stability and a community atmosphere. These tenants are typically reliable, prioritize well-maintained properties, and value responsive landlords, making them an ideal demographic for investors.

Market Insight

The White Rock rental market, particularly around Centennial Park, is characterized by its stability and consistently low vacancy rates. While rent prices may not see the dramatic spikes of downtown Vancouver, they offer steady, predictable growth. The desirability of the park and its amenities provides a strong floor for rental demand, insulating it from broader market volatility. Investment properties with secondary suites are especially lucrative here, offering dual income streams. For strata properties, buildings with proactive councils and healthy contingency funds are prime assets, as they attract quality long-term tenants willing to pay for a well-managed environment.

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Frequently Asked Questions

What is the main attraction for renters in the Centennial Park area?

The primary draw is Centennial Park itself. Its comprehensive recreational facilities, including sports fields, an arena, playgrounds, and walking trails, offer a lifestyle that is highly attractive to families and active individuals, leading to strong, stable rental demand.

Are there good schools near Centennial Park?

Yes, the neighbourhood is served by well-regarded schools, including White Rock Elementary and Semiahmoo Secondary, making it a top choice for families. This is a key driver for the rental market in the area.

How does this area compare to White Rock's waterfront for investment?

The Centennial Park area typically attracts more long-term, stable tenants (families, local professionals) compared to the more seasonal or transient renters on the waterfront. This can result in lower turnover costs and more predictable rental income for investors.

What type of rental property is most common here?

The most common rental properties are secondary suites in single-family homes and units in low-rise condominium buildings from the 1980s-2000s. These options cater well to the dominant tenant demographic of families and long-term residents.

Is professional property management necessary in this neighbourhood?

While the tenant base is generally stable, professional management is highly recommended to optimize rental rates, ensure compliance with the Residential Tenancy Act, and manage maintenance effectively. This protects the value of your investment and attracts the best quality tenants in a competitive market.