Below-market rental housing

What you need to know

Below-market rental housing is:

Mainly built and managed by private developers but can also be provided by non-profits or government organizations
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
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 and residency requirements
Delivered in new apartment buildings that also include market rental homes
Provided through incentives such as increased height and density

You can find more details on current below-market rents and tenant eligibility criteria in the Rental Incentive Programs Bulletin (345 KB).

Apply through building owners or operators
Rental buildings with below-market units
We have housing policies to encourage the creation of below-market units in market rental housing projects.

Map of buildings with below-market rental units that are under construction or complete

It is updated quarterly.

There are also project applications under review or in progress. Learn more about rezoning and application status

Buildings that are complete Buildings that are under construction

Last updated: January 19, 2026

What the map shows

The icons on the map provide details about:
- Building operator contact information
- Building address
- Development status
- Unit information (as available)
About the contact information on this map

The contact information on the map reflects the latest information received from building operators. The ownership or operator of the building may change over time.

If you notice a change in the information, email [email protected].
Resources
- Search Shape Your City for below-market rental housing applications that are in progress.
- Find more rental housing in the city, including non-market housing options.

Email: [email protected]