
Cheap Apartments for Rent in Richmond, BC from $1,100 (119 Rentals)
Search the lowest-cost Apartments available for rent right now in Richmond.


Dolphin Square Apartments

Fraser Place Apartments

12051 Bath Rd

Carlton Park Gardens Apartments

5599 Cooney Rd.

Wayne & National

3271 Francis Rd

3271 Francis Rd

8091-8NO3 No. 3 Road
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.

8091-8NO3 No. 3 Road

6531 Magnolia Dr

7460 Chelsea Rd

7460 Chelsea Rd

6531 Magnolia Dr

9631 Diamond Rd

10XXX Shell Rd

10XXX Shell Rd

10251 Cornerbrook Cres

9531 Gormond Rd
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.

9531 Gormond Rd

11351 Galleon Ct

6511 Granville Crescent

6511 Granville Crescent

11351 Galleon Ct

Ronald S Roadburg Residences

Camellia At The Gardens

Dolphin Square Apartments

Fraser Place Apartments

8131 Ryan Rd
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.

10XXX Shell Rd

8111 Ryan Rd

10XXX Shell Rd

Clipper Cove

49XX Larkspur Ave

49XX Larkspur Ave

3671 Semlin Dr

3671 Semlin Dr

11011 Seafield Crescent

11011 Seafield Crescent
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.

Carlton Park Gardens

10311 Bird Rd

5911 Alderbridge Way

8180 Granville Ave

8180 Granville Ave

6135 Commercial St

Hillcrest Manor Apartments

1486 58th Av W

8675 French

8735 Selkirk
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.
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 | $1,955 | $1,520 | $2,425 |
| Cheap Richmond 1 Bedroom Apartments | $2,267 | $1,122 | $6,661 |
| Cheap Richmond 2 Bedroom Apartments | $3,248 | $1,790 | $7,191 |
| Cheap Richmond 3 Bedroom Apartments | $4,301 | $2,800 | $7,873 |
| Cheap Richmond 4 Bedroom Apartments | $14,632 | $3,950 | $10,000+ |
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 Hillcrest Manor Apartments priced from $1,520. Blair House has the second lowest priced unit, which is a Studio apartment currently listed from $1,550. Here is today’s list of the most affordable Richmond apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hillcrest Manor Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,520 |
| Blair House | Bachelor | Studio,1BA | $1,550 |
| Camellia At The Gardens | Studio | Studio,1BA | $1,690 |
| 8675 French | Studio Promotional Price For12 Months* | Studio,1BA | $1,717 |
| 8735 Selkirk | 1 Bed Promotional price | 1BR,1BA | $1,790 |
| Dolphin Square Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,795 |
| Shoreline | One Bedroom | 1BR,1BA | $1,800 |
| Fraser Place Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,805 |
| Cartier Street | 1 Bed Promotional price for 12 months* | 1BR,1BA | $1,878 |
| 1373 West 73rd | 1373 West 73rd - Plan J | 1BR,1BA | $1,939 |
Best Value Apartments for Rent in Richmond, BC
As of April 27, 2026 the best value apartment in the Richmond area is the $2.55 price per square foot 2BR+1/5BA Model at Seafair in the starting from $2,500. The second greatest value Richmond apartment is the 2BD Model at Chancellor Court starting at $3,300 with a $3.40 price per square foot . 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. |
|---|---|---|---|
| Seafair | 2BR+1/5BA | 2BR,1.5BA | $2.55 |
| Chancellor Court | 2BD | 2BR,2BA | $3.40 |
| RIVA Residences | E9 | 2BR,2BA | $3.33 |
| Carlton Park Gardens | 1 Beds, 1 Baths | 1BR,1BA | $2.69 |
| Shoreline | One Bedroom | 1BR,1BA | $2.57 |
| Starlight Towers | 1BD | 1BR,1BA | $3.46 |
| Hillcrest Manor Apartments | 0 Beds, 1 Baths | Studio ,1BA | $2.47 |
| 8735 Selkirk | 8735 Selkirk - Plan A | 1BR,1BA | $3.34 |
| Fraser Flats Apartments | 1 Beds, 1 Baths | 1BR,1BA | $3.40 |
| Blair House | Bachelor | Studio ,1BA | $3.44 |
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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 Hillcrest Manor Apartments listed at $1,520.
How much is rent for a Cheap One Bedroom Richmond Apartment?
The lowest price for a Cheap One Bedroom Richmond Apartment is $1,725 at Hillcrest Manor Apartments.
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 $2,305 at Fraser Place 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 $3,200.
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

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.

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.

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.

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.