
Cheap Apartments for Rent in Richmond, BC from $1,280 (112 Rentals)
Search the lowest-cost Apartments available for rent right now in Richmond.


Dolphin Square Apartments

Fraser Place Apartments

Carlton Park Gardens Apartments

8091 No. 4 Road

Avira

7040 Granville Ave, Unit 1008

7040 Granville Ave, Unit 1008

Wayne & National

3615 Georgia St
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.

3852 Mckay Dr

9891 Glenthorne Dr

9891 Glenthorne Dr

73xx Williams Rd

73xx Williams Rd

Ronald S Roadburg Residences

Waterstone 60 Apartments

Waterstone 96 Apartments

Quinnox Apartments

6431 Azure Rd
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.

Dolphin Square Apartments

Greystone Apartments

Waterstone 57 Townhomes

Fraser Place Apartments

Arcadia Apartments

Carlton Park Gardens

7700 Gilbert Rd.

23233 Gilley Rd, Unit 405

23233 Gilley Rd, Unit 405

7280 Lindsay Rd
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.

8591 Westminster Hwy

8591 Westminster Hwy

8460 Granville Ave

6600 Minoru Blvd, Unit 208

6600 Minoru Blvd, Unit 208

7297 Moffatt Rd

7297 Moffatt Rd

7430 Angus Dr

8623 Selkirk St

The Cascades
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.

Mera West 42

Wall Shannon Mews

Spencer House

Fraser Flats Apartments

Shoreline

4105 Imperial St

6388 Elliott St

3550 W 39th Ave

4864 Watling St

4864 Watling St
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.
Richmond, BC Local Guide

How much does it cost to rent an apartment in Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Richmond Studio Apartments | $2,008 | $1,570 | $2,750 |
| Cheap Richmond 1 Bedroom Apartments | $2,300 | $1,280 | $3,350 |
| Cheap Richmond 2 Bedroom Apartments | $3,406 | $1,850 | $8,460 |
| Cheap Richmond 3 Bedroom Apartments | $4,663 | $2,800 | $7,500 |
Browse Top Apartments in Richmond
See all Apartments in RichmondExplore Richmond
Richmond, BC Local Guide
- Richmond Neighborhoods
- Nearby Cities
Cheapest Available Richmond Apartments for Rent
 The cheapest available apartment rental in Richmond, BC is a Studio unit found at Marine Terrace in the South Vancouver neighborhood priced from $1,550. Dolphin Square Apartments in the Richmond neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,740. Here is today’s list of the most affordable Richmond apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Marine Terrace | Plan B | Studio,1BA | $1,550 |
| Dolphin Square Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,740 |
| Fraser Place Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,800 |
| Carlton Park Gardens | 0 Beds, 1 Baths | Studio,1BA | $1,815 |
| 8735 Selkirk | 8735 Selkirk - Plan I | 1BR,1BA | $1,939 |
| The Cascades | Sakura 5 | Studio,1BA | $1,960 |
| Avira | S - Studio | Studio,1BA | $1,995 |
| 8675 French | 8675 French - Plan A | 1BR,1BA | $2,000 |
| Wall Shannon Mews | 1 Bed / 1 Bath • 451 SF | 1BR,1BA | $2,000 |
| Spencer House | Studio | Studio,1BA | $2,071 |
Best Value Apartments for Rent in Richmond, BC
As of September 12, 2026 the best value apartment in the Richmond area is the $3.65 price per square foot 2 Beds, 2 Baths Model at Kerrisdale Towers A & B in the in the Arbutus Ridge neighborhood starting from $4,550. The second greatest value Richmond apartment is the 3 Beds, 1 Baths Model at Hillcrest Manor Apartments starting at $3,150 with a $2.69 price per square foot in the New Westminster neighborhood. Here is today’s list of the best values for Richmond apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kerrisdale Towers A & B | 2 Beds, 2 Baths | 2BR,2BA | $3.65 |
| Hillcrest Manor Apartments | 3 Beds, 1 Baths | 3BR,1BA | $2.69 |
| 8735 Selkirk | 8735 Selkirk - Plan I | 1BR,1BA | $2.61 |
| Shoreline | One Bedroom | 1BR,1BA | $3.00 |
| Clipper Cove | 1 Bedroom - 246 | 1BR,1BA | $3.30 |
| 8675 French | 8675 French - Plan A | 1BR,1BA | $3.35 |
| Fraser Flats Apartments | 1 Beds, 1 Baths | 1BR,1BA | $3.58 |
| Cartier Street | 8740 Cartier - Plan C | 1BR,1BA | $3.75 |
| Carlton Park Gardens | 0 Beds, 1 Baths | Studio ,1BA | $3.30 |
| Marine Terrace | Plan C | Studio ,1BA | $3.65 |
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.
Read ArticleNavigating 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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Richmond, BC Rentals by Map
See the most popular apartments and homes in Richmond, BC
Frequently Asked Questions about Cheap Richmond Apartments
What is the Cheapest Studio apartment in Richmond?
Currently the most affordable Cheap Studio Apartment in Richmond is at Marine Terrace listed at $1,550.
How much is rent for a Cheap One Bedroom Richmond Apartment?
The lowest price for a Cheap One Bedroom Richmond Apartment is $1,700 at Marine Terrace.
What is the lowest price for a Cheap Two Bedroom Richmond Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Richmond is starting from $2,250 at Hillcrest Manor Apartments.
What is the most affordable Richmond Three Bedroom Apartment?
The best deal on a cheap Richmond Three Bedroom Apartment rental is at Shoreline and starts from $3,000.
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

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.

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.

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.

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.