If you are hoping to find some cheap rent this fall, you might want to shop outside of the city.
While there are some cheaper options available in Vancouver, the price for an unfurnished one-bedroom rental unit has increased again, averaging $2,594 in November.
Other cities have strikingly lower average rental prices. This month, the cost for an unfurnished one-bedroom rental unit in Abbotsford costs $1,522 -- roughly one-and-a-half times less than 麻豆传媒映画prices.
But renters across the Lower Mainland face higher rental prices this month.
Metro 麻豆传媒映画rental prices have risen again this November, climbing to an average of $2,317 for an unfurnished one-bedroom rental unit, according to Liv.rent's latest rent report.
Across Canada, North 麻豆传媒映画is now the most expensive city in which to rent an unfurnished one-bedroom unit, at an average of $2,760. West 麻豆传媒映画isn't far behind, with units averaging $2,655.
麻豆传媒映画is in the third spot, while Richmond rounds out the top four, with units averaging $2,446.
The cheapest Metro 麻豆传媒映画neighbourhoods for rental housing in November 2022
This November, folks looking to rent in the City of 麻豆传媒映画will find the best bang for their buck in the Renfrew neighbourhood, with unfurnished, one-bedroom units averaging $2,033 per month.
Continuing October's trend, no neighbourhoods in the city average under $2,000 per month for rent. Historically, the Renfrew neighbourhood has had prices well under this benchmark.
Locals looking for lighter impacts on their wallets will want to venture outside of the city. As was mentioned earlier, Abbotsford has the lowest average rental prices this month, at $1,522.
Renters who aren't willing to move to the Fraser Valley can find other low-cost options in Surrey. For example, both the South Surrey and Newton neighbourhoods averaged $1,733 this month for a one-bedroom rental unit. Guildford is also an affordable option, at $1,807.
Langley's Willowbrook neighbourhood averaged $1,833 while its Willoughby neighbourhood averaged $1,900.
