Cheap Apartments for Rent near Greater Vancouver, BC from $1,150 (46 Rentals)

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

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.

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.

property at 4113 Trinity St
$1,050

Total Monthly Price

Base Rent$1,050

Total Monthly Price$1,050
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

4113 Trinity St

BurnabyBCV5C 1N9
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Chelsea Place
$1,500Studio to 3 Bedroom Apartments

Chelsea Place

525 11th StNew Westminster, BC V3M 4G5
  • Utilities Included
  • Smoke Free
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Westminster Junction
$1,530 - $2,5301 to 3 Bedroom Apartments

Westminster Junction

2471 Gately AvPort Coquitlam, BC V3C 0J3
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Uptown West
$1,640 - $4,495Studio to 3 Bedroom Apartments

Uptown West

612 7th AvNew Westminster, BC V3L 3C3

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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Southview Gardens
$1,650 - $2,6001 to 4 Bedroom Apartments

Southview Gardens

3240 E 58th AveVancouver, BC V5S 3T2
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Gatensbury Apartments
$1,800 - $2,3501 to 2 Bedroom Apartments

Gatensbury Apartments

1200 Howie AveCoquitlam, BC V3J 1V2
Furnished
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property at 2 Benson Dr
$1,800

Total Monthly Price

Base Rent$1,800

Total Monthly Price$1,800
2 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

2 Benson Dr

Port MoodyBCV3H 3P7
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8675 French
$1,809 - $2,629Studio to 2 Bedroom Apartments

8675 French

8675 French StVancouver, BC V6P 4W5
  • Utilities Included
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Sydney Rental
$1,815 - $2,750Studio to 3 Bedroom Apartments

Sydney Rental

545 Sydney AveCoquitlam, BC V3K 3J7
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Cartier Street
$1,849 - $2,779Studio to 2 Bedroom Apartments

Cartier Street

8790 Cartier StVancouver, BC V6P 4V2
  • Utilities Included

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.

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 3 Beds unit found at Cornerstone priced from $1,150. Cedartree Village Apartments in the Surrey neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here is today’s list of the most affordable Greater Vancouver apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cornerstone3 Bedroom, 1 Bathroom3BR, 1BA$1,150
Cedartree Village Apartments1 bedroom1BR, 1BA$1,350
Mainstreet Estates Apartments1 bedroom1BR, 1BA$1,350
Glades on 551 Bed 1 Bath A1BR, 1BA$1,495
Uptown Apartments1 bedroom1BR, 1BA$1,500
Cameron Manor Apartments1 bedroom1BR, 1BA$1,500
Cedar Lodge ApartmentsOne Bedroom1BR, 1BA$1,545
The RexOne Bedroom1BR, 1BA$1,620
Locale at Century CityStudioStudio, 1BA$1,625
Southview GardensOne-Bedroom1BR, 1BA$1,650

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

As of September 26, 2026 the best value apartment in the Greater Vancouver area is the $2.41 price per square foot 3 bedroom Model at Mainstreet Estates Apartments in the Surrey neighborhood starting from $2,500. The second greatest value Greater Vancouver apartment is the two bedrooms Model at Metro Pointe Burnaby in the Burnaby neighborhood starting at $2,695 with a $2.84 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.
Mainstreet Estates Apartments3 bedroom3BR, 1BA$2.41
Metro Pointe Burnabytwo bedrooms2BR, 2BA$2.84
One Fifty Braid2 Bedroom2BR, 1BA$2.75
Bayview Gardens14989 Roper 2 Bed 1 Bath B2BR, 1BA$2.50
Koto - Student RentalType C1A-2 Bed2BR, 1BA$2.06
Cedar Lodge ApartmentsOne Bedroom1BR, 1BA$2.30
Fraser Landing ApartmentsOne Bedroom1BR, 1BA$2.87
Glades on 551 Bed 1 Bath A1BR, 1BA$2.61
Uptown Apartments1 bedroom1BR, 1BA$2.50
Cedartree Village Apartments1 bedroom1BR, 1BA$2.31

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 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 $1,625.

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

The lowest price for a Cheap One Bedroom Greater Vancouver Apartment is $1,350 at Cedartree Village Apartments.

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 $1,375 at Cornerstone.

What is the most affordable Greater Vancouver Three Bedroom Apartment?

The best deal on a cheap Greater Vancouver Three Bedroom Apartment rental is at Cornerstone and starts from $1,150.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.