Cheap Apartments for Rent in Greater Vancouver, BC from $1,200 (59 Rentals)

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Search the lowest-cost Apartments available for rent right now in Greater Vancouver.

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Koto - Student Rental
Rent Specials
$1,250 - $2,075
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $2,075

Total Monthly Price
$1,250 - $2,075
Studio to 4 Bedroom Apartments Available Sep 1

Koto - Student Rental

9516 University CresBurnaby, BC V5A 1C8
Student Housing
  • Verified
  • 3D Tour
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Cornerstone
$1,567 - $2,210
Total Monthly Price

Total Monthly Price

Base Rent
$1,567 - $2,210

Total Monthly Price
$1,567 - $2,210
Studio to 3 Bedroom Apartments Available Sep 1

Cornerstone

8950-8960 University High StBurnaby, BC V5A 4Y8
Student Housing
  • Verified
  • 3D Tour
  • Smoke Free

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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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Uptown Apartments
$1,450 - $1,650Studio to 2 Bedroom Apartments

Uptown Apartments

1205 4th AvNew Westminster, BC V3M 1T8
  • Utilities Included
  • Smoke Free
property at 3683 E Hastings St

$1,500 - $1,900

Studio To 1 Bedroom Rentals

Available Now

3683 E Hastings St

VancouverBCV5K 2B1
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Chelsea Place
$1,675Studio to 3 Bedroom Apartments

Chelsea Place

525 11th StNew Westminster, BC V3M 4G5
  • Utilities Included
  • Smoke Free

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Greater Vancouver, BC Local Guide

Cheapest Available Greater Vancouver Apartments for Rent and Nearby

 

The cheapest available apartment rental in Greater Vancouver, BC is a Studio unit found at Locale at Century City priced from $1,313. Uptown Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,450. Here is today’s list of the most affordable Greater Vancouver apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Locale at Century CityStudioStudio,1BA$1,313
Uptown ApartmentsBachelorStudio,1BA$1,450
Cameron ManorBachelorStudio,1BA$1,450
Mainstreet Estates1 bedroom1BR,1BA$1,475
The RexStudioStudio,1BA$1,480
Cedartree Village1 bedroom1BR,1BA$1,525
Glades on 551 Bed 1 Bath A1BR,1BA$1,595
Fraser Landing ApartmentsStudioStudio,1BA$1,665
International PlazaStudio - P-89-FStudio,1BA$1,695
8675 FrenchStudio Promotional Price For12 Months*Studio,1BA$1,717

Best Value Apartments for Rent in Greater Vancouver, BC and Nearby

As of April 30, 2026 the best value apartment in the Greater Vancouver area is the $2.22 price per square foot 3 Beds, 1 Baths Model at Parque on Park in the starting from $3,350. The second greatest value Greater Vancouver apartment is the 3 bedroom Model at Mainstreet Estates starting at $2,500 with a $2.41 price per square foot . Here is today’s list of the best values for Greater Vancouver apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parque on Park3 Beds, 1 Baths3BR,1BA$2.22
Mainstreet Estates3 bedroom3BR,1BA$2.41
Panorama Crossing1 Bedroom Den1BR,1BA$1.93
Metro Pointe Burnabytwo bedrooms2BR,2BA$2.84
Cedar Lodge ApartmentsTwo Bedroom2BR,1.5BA$2.13
Village at Thunderbird CentreTwo Bedroom2BR,2BA$2.37
VistaOne Bedroom1BR,1BA$2.80
Glades on 551 Bed 1 Bath A1BR,1BA$2.61
Cedartree Village1 bedroom1BR,1BA$2.61
Uptown ApartmentsBachelorStudio ,1BA$2.90

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

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 Greater Vancouver Apartments

What is the Cheapest Studio apartment in Greater Vancouver?

Currently the most affordable Cheap Studio Apartment in Greater Vancouver is at Locale at Century City listed at $1,313.

How much is rent for a Cheap One Bedroom Greater Vancouver Apartment?

The lowest price for a Cheap One Bedroom Greater Vancouver Apartment is $1,475 at Mainstreet Estates.

What is the lowest price for a Cheap Two Bedroom Greater Vancouver Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Greater Vancouver is starting from $1,800 at Cedartree Village.

What is the most affordable Greater Vancouver Three Bedroom Apartment?

The best deal on a cheap Greater Vancouver Three Bedroom Apartment rental is at Cedartree Village and starts from $2,500.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.