Surrey has become the cheapest city to rent in Metro Vancouver, with rates at $2.55 per sq. ft., surpassing West Vancouver at $2.56 and Langley at $2.88. It is also the only city where unfurnished three-bedroom units are under $3,000. While Vancouver saw a decrease in rents across all unit types, the overall region experienced an increase, with the average rent for an unfurnished one-bedroom unit rising to $2,306. Apartments make up 72.2% of active listings, and renters aged 25-34 represent the largest group on the platform.