The BC government has announced that the maximum allowable rent increase for 2026 will be 2.3%, a drop from the current year’s 3%.
The change marks the second year in a row that rent hikes have been capped lower than before.
Housing Minister Christine Boyle said the move aims to balance affordability with property upkeep.
“People are struggling to find a place that fits their budget,” said Boyle.
“We’re continuing to cap rent increases, linking them to inflation, to protect seniors, families and individuals from unfair hikes.”
The 2.3% cap is based on the Consumer Price Index and will take effect on January 1st, 2026. Landlords must still provide three months’ written notice and can only raise rent once every 12 months.
Before 2018, landlords were allowed to increase rents by inflation plus 2%, adding hundreds of dollars to annual costs for families.
The cap applies to most rental housing, including apartments and secondary suites, but does not apply to commercial spaces, non-profit housing with income-based rent, co-operative housing or some assisted-living facilities.
For manufactured home parks, the increase will also include adjustments for local government levies and utility fees.
The province says tying rent hikes to inflation is part of its strategy to protect renters while keeping rental housing viable.
For more details on your rights and the rent increase process, visit gov.bc.ca.
