Below-market housing in Vancouver Island
12 programs and 19 operators serve Vancouver Island. Browse what's available, or take the quiz to see what fits your situation.
Information last updated June 16, 2026.
- Region
- British Columbia
- 12 programs
- 19 providers
PROGRAMS IN VANCOUVER ISLAND
- Capital Region Housing Corporation: Affordable StreamThe CRHC Affordable stream is a below-market rental program run by Capital Region Housing Corporation, the housing arm of the Capital Regional District in Greater Victoria. It is built for middle-income households who earn too much to qualify for the BC Housing Registry but cannot absorb open-market rents. Income limits run from $50,001 to $84,780 for studios and one-bedrooms, and from $50,001 to $134,140 for two-bedrooms and larger. Rents are set below the local CMHC market average (a 2BR averaged $2,121 in October 2025) and adjusted to your income band rather than calculated as a fixed percentage of earnings.Below-market rental · Below-market rental unit
- Capital Region Housing Corporation: Subsidized StreamThe CRHC Subsidized stream serves three priority populations in Greater Victoria: seniors aged 55 and over, families with dependent children, and persons with disabilities (PWD). Income ceilings are tighter than the Affordable stream and vary by household type and unit size: $50,000 for any senior household, $65,000 for a family in a 2BR, $82,000 for a family in a 3BR, and $95,500 for a family in a 4BR or larger. Capital Region Housing Corporation runs this stream as a parallel system to the BC Housing Registry, not a replacement, and applications go directly to CRHC.Below-market rental · Below-market rental unit
- Community Housing Fund – Below Market (LEM) UnitsBelow-market rental homes built through BC's Community Housing Fund. A mix of market, rent-geared-to-income, and deeply subsidized units.Below-market rental · Below-market rental unit
- Affordable Rental Housing in NanaimoThere is no single below-market rental program run by the City of Nanaimo. Below-market homes here are delivered through BC Housing and non-profit operators like Pacifica Housing.Below-market rental · Below-market rental unit
- Affordable Rental Housing in Vancouver Island (Other)There is no single below-market rental program for Duncan, Courtenay, Comox, Campbell River, or other Vancouver Island towns outside Greater Victoria. Non-profits run the homes.Below-market rental · Non-profit below-market
- BC Builds – Provincial Rental Supply (Middle Income)Below-market rental homes for middle-income workers in British Columbia. Rents are about 20% below the local market.Middle-income housing · BC Builds rental
- BC Housing Registry – RGI (General/Family)Subsidized rental homes across BC where rent is set at about 30% of your income. Apply once through the BC Housing Registry.Deeply subsidised · Rent-geared-to-income unit
- BC Housing Registry – RGI (PWD Priority)Subsidized rental homes for renters with disabilities across BC. Rent is set at about 30% of your income.Deeply subsidised · Rent-geared-to-income unit
- BC Housing Registry – RGI (Senior 55+)Subsidized rental homes for renters aged 55 and over across BC. Rent is set at about 30% of your income.Deeply subsidised · Rent-geared-to-income unit
- BC Rent Supplement / CBCHBRent help for low-income renters in BC delivered through local non-profit partners. There is no direct online application.Deeply subsidised · Rent supplement
- Rental Assistance Program (RAP)Monthly help paying rent for working-age families in BC with children at home and low to moderate income.Deeply subsidised · Rent supplement
- Shelter Aid For Elderly Renters (SAFER)Help paying rent for British Columbia renters aged 60 and over. Monthly money sent to your landlord or to you.Deeply subsidised · Rent supplement
OPERATORS SERVING VANCOUVER ISLAND
Local rent context
| Bedroom | Average rent | As of |
|---|---|---|
| Studio | $1,258 | October 2025 |
| 1 bedroom | $1,282 | October 2025 |
| 2 bedrooms | $1,656 | October 2025 |
| 3+ bedrooms | $1,979 | October 2025 |
| Bedroom | Average rent | As of |
|---|---|---|
| Studio | $1,328 | October 2025 |
| 1 bedroom | $1,459 | October 2025 |
| 2 bedrooms | $1,691 | October 2025 |
| 3+ bedroomsRent figure has limited reliability. | $1,860 | October 2025 |
| Bedroom | Average rent | As of |
|---|---|---|
| StudioRent figure has limited reliability. | $876 | October 2025 |
| 1 bedroom | $1,283 | October 2025 |
| 2 bedrooms | $1,624 | October 2025 |
| 3+ bedroomsRent figure has limited reliability. | $1,787 | October 2025 |
| Bedroom | Average rent | As of |
|---|---|---|
| 1 bedroom | $730 | October 2025 |
| Bedroom | Average rent | As of |
|---|---|---|
| Studio | $1,133 | October 2025 |
| 1 bedroom | $1,546 | October 2025 |
| 2 bedrooms | $1,563 | October 2025 |
| 3+ bedrooms | $2,143 | October 2025 |
| Bedroom | Average rent | As of |
|---|---|---|
| StudioRent figure has limited reliability. | $886 | October 2025 |
| 1 bedroom | $994 | October 2025 |
| 2 bedrooms | $1,279 | October 2025 |
| 3+ bedrooms | $1,601 | October 2025 |
ABOUT VANCOUVER ISLAND
Vancouver Island is a region in British Columbia containing 42 cities tracked by Rentable. We've mapped 12 programs and 19 operators serving the region. Programs include below-market rental from non-profit operators, BC Builds projects, and rent-geared-to-income housing routed through the BC Housing Registry.
CITIES IN VANCOUVER ISLAND
- Victoria
- Alert Bay
- Bamfield
- Bowser
- Campbell River
- Central Saanich
- Chemainus
- Colwood
- Comox
- Courtenay
- Cumberland
- Duncan
- Esquimalt
- Highlands
- Hornby Island
- Ladysmith
- Lake Cowichan
- Langford
- Lantzville
- Metchosin
- Nanaimo
- North Cowichan
- North Saanich
- Oak Bay
- Parksville
- Pender Island
- Port Alberni
- Port Hardy
- Port McNeill
- Qualicum Beach
- Royston
- Saanich
- Salt Spring Island
- Saturna Island
- Sidney
- Sointula
- Sooke
- Southern Gulf Islands
- Tofino
- Ucluelet
- Union Bay
- View Royal
OTHER LOCATIONS YOU MAY WANT TO BROWSE
Frequently asked questions
Rentable focuses on below-market and means-tested housing in British Columbia. For Vancouver Island, that includes below-market rental, middle-income housing, and deeply subsidised. We do not list private market rentals.
It depends on the program. Some programs in Vancouver Island use the BC Housing Registry. Others use direct applications to the operator. The program pages above explain each program's application path.
We are building partnerships with providers to send you relevant listings. If you subscribe to alerts above, we will email you when we start delivering listings in Vancouver Island.
Each program shows its sources and a last-checked date. We pull program data from public sources and operator websites. Final eligibility for any program is determined by the program operator at the time of application. Confirm before applying.
We list operators whose public profiles we have been able to verify. Some operators may exist without yet appearing in our directory. If you operate in Vancouver Island and would like to be listed or updated, contact us.
VERIFICATION
Information for Vancouver Island last updated June 16, 2026.
Rentable maps publicly available information about programs and operators in Vancouver Island. Final eligibility for any program is determined by the program operator. Contact the operator before applying.
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