The average rent in Prince George has been on the rise as vacancy rates have declined, according to a Canada Mortgage and Housing Corporation report.
As of October, the vacancy rate for all types of accommodation was 4.0 per cent, down from 5.1 per cent during the same month last year, and the average monthly rent was $692, compared to $678 the year before.
That said, looking strictly at three or more bedrooms, the vacancy rate rose to 5.6 per cent from 4.9 per cent, although that did not stop rent from rising to $827 from $800.
For two bedroom units, the vacancy rate declined to 3.4 per cent from 4.2 per cent and rent rose to $738 from $726.
For one bedroom, vacancy stood at 3.6 per cent, down from 5.8 per cent, and rent stood at $615, up from $604.
As for bachelor units, vacancy fell to 6.9 per cent from 7.5 per cent, and rent went up to $531 from $518.
The numbers apply to Prince George and surrounding area.
