Your guide to cheaper rent in the region.
Metro Vancouver rental prices have only increased an average of $9 this month over last — but neighbourhoods across the region still continue to see some of the highest prices in Canada.
Metro Vancouver renters are now spending over half of their monthly income on rent, which the rental company notes is "considerably above the recommended 30 [per cent] income-to-rent ratio." The cheapest Metro Vancouver neighbourhoods for rental housing in October 2022 This October, folks looking to rent in the City of Vancouver will find the best bang for their buck in the Point Grey neighbourhood, with unfurnished, one-bedroom units averaging $2,072.
Locals looking for lighter impacts on their wallets will want to venture outside of the city. Renters willing to travel outside of Metro Vancouver will find the average price for unfurnished one-bedroom apartments drops to $1,471 in Abbotsford.
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