Tagged : rental property in Kamloops

Found 1 blog entry tagged as "rental property in Kamloops".

Kamloops and the Thompson-Nicola region is facing a rental housing shortage, but compared to the rest of the country the area is not fairing too poorly.

Rental PropertyAccording to the Canadian Rental Housing Index, in the region there are 53,375 renter households and of those 10,995 people are renting accommodations. That represents 21 per cent of the population as renters, with a median household income of $37,384. The average rent in the area is $835 including utilities. Of those renting, more than 48 per cent of people spend 30 per cent or more of their income for housing. Another 2,425 people spend more than 50 per cent of their income on housing needs, representing 22 per cent of all renters.

The number of renters living in overcrowded conditions represents

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