Rent prices in Metro Vancouver have decreased for the second consecutive month, but they are still high. The average price for a one-bedroom, unfurnished rental unit in November was $2,362. Prices have not significantly increased compared to last year. West Vancouver has the highest rental prices, followed by the City of Vancouver and North Vancouver. Langley is the most affordable city for renting. Downtown Vancouver is the most expensive neighborhood, with an average monthly rent of $2,986.