Looking for our full December 2022 Metro Vancouver Rent Report? Download your copy here<\/a> to get all the latest insights, including a detailed breakdown by neighbourhood.<\/em><\/strong><\/p>\n\n\n\n <\/p>\n\n\n\n Metro Vancouver’s regional average rent prices have finally fallen as we head deeper into the slower winter renting season. Rental rates have been steadily climbing across Canada throughout the year as the Bank of Canada continues to increase interest rates<\/a>, so this month’s sharp decline is a much-needed cool-off.<\/p>\n\n\n\n You can get the latest updates on the Vancouver rental market straight to your inbox when you subscribe<\/a> to keep on top of the latest rent trends.<\/em><\/strong><\/p>\n\n\n\n Let’s take a look now at the current rental costs and overarching trends in Vancouver<\/a> for December 2022. Don’t forget, you can download the entire report as a one-page infographic PDF below.<\/p>\n\n\n\n Jump to the following Vancouver Rent Report sections: <\/em><\/strong><\/p>\n\n\n\n Average rent<\/a><\/p>\n\n Month-to-month rent change<\/a><\/p>\n\n Income to rent ratio<\/a><\/p>\n\n Rent per square foot<\/a><\/p>\n\n Renter demographics<\/a><\/p>\n\n Pet-friendly rentals<\/a><\/p>\n\n Unfurnished vs. furnished averages<\/a><\/p>\n\n City breakdown<\/a><\/p>\n\n Neighbourhood breakdown<\/a><\/p>\n\n Average rent in Canada<\/a><\/p>\n\n