What you need to know
Below-market rental housing is:
- Purpose-built rental housing with permanently-secured maximum rents set at a discount to the city-wide average, based on the annual CMHC Rental Market Report External website, opens in new tab
- Intended for renters who may not qualify for non-market housing but can't afford market rents
- Subject to maximum income and household size eligibility requirements
- Delivered in new apartment buildings that also include market rental homes
- Enabled through incentives such as an increase in height and density
- Mainly built and managed by private developers but can also be provided by non-profits or government organizations
You can find more details on current below-market rents and tenant eligibility criteria in the Rental Incentive Programs Bulletin PDF file (345 KB).
How to apply
Each building manager handles operations and tenanting. Prospective tenants should contact the building operator directly for information on available units and the application process.
We do not have information on unit availability and do not maintain a general waiting list.
Find a below-market rental home
This map shows the location of buildings with below-market rental housing that are under construction or complete. It also lists the building operators' contact information.
Information icon The icons on the map provide details about the building operator's contact information, address, development status, and unit information.
The contact information on the map reflects the latest information received from building operators, and is updated on a quarterly basis. If you notice an error in the information, email [email protected].
Buildings that are complete 
Buildings that are under construction
Last updated: October 31, 2025
Resources
- Search Shape Your City for below market rental housing applications that are in progress or approved but waiting for construction.
- Find more rental housing in the city, including non-market housing options.
Contact us
Email: [email protected]