Here's how much it costs to rent a one-bedroom apartment in Metro Vancouver this October

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Here's how much it costs to rent a one-bedroom apartment in Metro Vancouver this October
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Four Metro Vancouver cities are in Canada's top five most expensive now.

Metro Vancouverites hoping to see a reprieve from soaring rental costs won't have much luck this October.

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." At the other end of the spectrum, Langley has seen the cheapest rent in the region for the fourth month running for both unfurnished and furnished one-bedroom units, at $1,780 and $1,927, respectively.

Furnished units in Vancouver were particularly expensive this month, at $3,109 for a one-bedroom unit, $4,779 for a two-bedroom unit, and $5,787 for a three-bedroom unit.Vancouver rent by neighbourhood in October Arbutus has overtaken downtown Vancouver to become the city's most expensive neighbourhood at an average of $2,800 for an unfurnished, one-bedroom unit.

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