Cheap Apartments for Rent near Fraser Valley, BC from $800 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in Fraser Valley.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 419 5th Ave

$1,195

1 Bedroom Rentals

Available Now

419 5th Ave

HopeBCV0X 1L0

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Cheam View Apartments 1
$1,200 - $1,700Studio to 2 Bedroom Apartments

Cheam View Apartments 1

46180 Bole AveChilliwack, BC V2P 2W2
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Webb South
$1,250 - $2,250Studio to 2 Bedroom Apartments

Webb South

45786 Webb AvChilliwack, BC V2R 6C3
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Charlotte Manor
$1,300 - $1,775Studio to 2 Bedroom Apartments

Charlotte Manor

3065 Clearbrook RdAbbotsford, BC V2T 2Z9
  • Utilities Included
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Mainstreet on Yale Apartments
$1,300 - $1,500Studio to 2 Bedroom Apartments

Mainstreet on Yale Apartments

46288 Yale RdChilliwack, BC V2P 2P6
  • Utilities Included
  • Smoke Free

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Villa Monaco
$1,400Studio to 2 Bedroom Apartments

Villa Monaco

33263 Bourquin Cres EAbbotsford, BC V2S 1Y2
  • Utilities Included
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property at 21015 Swallow Pl

$1,500 - $2,600

2 To 3 Bedroom Rentals

Available Now

21015 Swallow Pl

HopeBCV0X 1L1

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 46338 Yale Rd

$1,425 - $2,000

1 To 2 Bedroom Rentals

Available Now

46338 Yale Rd

ChilliwackBCV2P 0K7

Fraser Valley, BC Local Guide

Cheapest Available Fraser Valley Apartments for Rent and Nearby

 

The cheapest available apartment rental in Fraser Valley, BC is a Studio unit found at Villa Vista Apartments in the Abbotsford neighborhood priced from $864. Chilliwack Core Mainstreet Apartments I & II in the Chilliwack neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable Fraser Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Villa Vista ApartmentsBachelorStudio,1BA$864
Chilliwack Core Mainstreet Apartments I & IIBachelorStudio,1BA$1,100
11779 Burnett StreetStudioStudio,1BA$1,275
Chelsea Park Gardens1 bedroom1BR,1BA$1,278
Mainstreet on Yale Apartments1 Bedroom1BR,1BA$1,300
Manpreet Estates1 bedroom1BR,1BA$1,325
Royal ManorBachelorStudio,1BA$1,325
Mainstreet Arms Apartments Chilliwack1 bedroom1BR,1BA$1,350
Chilliwack District Mainstreet Apartments1 Bedroom1BR,1BA$1,350
Maple View Heights ApartmentsStudioStudio,1BA$1,350

Best Value Apartments for Rent in Fraser Valley, BC and Nearby

As of July 31, 2026 the best value apartment in the Fraser Valley area is the $2.10 price per square foot 2 Bed 1 Bath B Model at Glades on 55 in the in the Langley neighborhood starting from $1,935. The second greatest value Fraser Valley apartment is the 2 bedroom Model at Hill-Tout Arms starting at $1,700 with a $1.89 price per square foot in the Abbotsford neighborhood. Here is today’s list of the best values for Fraser Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Glades on 552 Bed 1 Bath B2BR,1BA$2.10
Hill-Tout Arms2 bedroom2BR,1BA$1.89
Villa Christina1 bedroom1BR,1BA$1.86
Villa Monaco1 bedroom1BR,1BA$1.70
Sunshine Apartments1 bedroom1BR,1BA$2.00
Garrison PlaceTwo Bedroom2BR,1BA$2.10
Pinetree Apartments1 BR 1 BA1BR,1BA$1.98
Chelsea Park Gardens1 bedroom1BR,1BA$1.88
Chilliwack District Mainstreet Apartments1 Bedroom1BR,1BA$2.05
Villa Vista ApartmentsBachelorStudio ,1BA$2.01

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Fraser Valley Apartments

What is the Cheapest Studio apartment in Fraser Valley?

Currently the most affordable Cheap Studio Apartment in Fraser Valley is at Villa Vista Apartments listed at $864.

How much is rent for a Cheap One Bedroom Fraser Valley Apartment?

The lowest price for a Cheap One Bedroom Fraser Valley Apartment is $1,200 at Chilliwack Core Mainstreet Apartments I & II.

What is the lowest price for a Cheap Two Bedroom Fraser Valley Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fraser Valley is starting from $1,500 at Mainstreet on Yale Apartments.

What is the most affordable Fraser Valley Three Bedroom Apartment?

The best deal on a cheap Fraser Valley Three Bedroom Apartment rental is at Maple View Heights Apartments and starts from $2,350.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.