Richmond LEMR

Richmond's Low End of Market Rental program offers homes at 10% below the local average rent. Income and a $100,000 asset cap are tested at move-in.

Eligibility

You must be 19 or older.
Your income must put rent at about 30% of gross.
You and the people you live with cannot have more than $100,000 in total assets.
No central waitlist - apply per building.
Rent is set at 10% below CMHC area average.

Source: richmond.ca.
Bedroom	Minimum income	Maximum income	Effective from
Studio	$42,510	$68,016	October 1, 2025
1 bedroom	$46,080	$73,728	October 1, 2025
2 bedrooms

Check the basic rules in the eligibility section above.
Gather your income and household information: Recent pay stubs and tax documents (T1 General). Documentation of savings and assets.
Apply through the official program website.
Varies by building; apply per project
Confirm current rules with the official source (https://www.richmond.ca/__shared/assets/info6074920.pdf).

You will leave Rentable. Confirm current rules on the official site before you apply.

Last checked: May 9, 2026.

Income limits and unit availability can vary by building and operator. Confirm the rules that apply to you with the listed providers.

A quick yes or no helps us understand what is working on Rentable. We do not ask for personal details here.