
Cheap Apartments for Rent in Richmond, BC from $1,100 (77 Rentals)
Search the lowest-cost Apartments available for rent right now in Richmond.


Blair House

Fraser Place Apartments

Dolphin Square Apartments

Carlton Park Gardens Apartments

7280 Lindsay Rd

7071 Cavelier Ct

7951 Thormanby Cres

Wayne & National

9531 Bakerview Dr
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.

3615 Georgia St

11371 Cambie Rd.

11371 Cambie Rd.

Camellia

Ronald S Roadburg Residences

Waterstone 96 Apartments

Waterstone 60 Apartments

Quinnox Apartments

113xx Williams Rd

10XXX Shell Rd, Unit G2
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.

10171 Ainsworth Crescent

43xx Shackleton Gate

Fraser Place Apartments

Greystone Apartments

Dolphin Square Apartments

Arcadia Apartments

Waterstone 57 Townhomes

55xx Chemainus Dr, Unit 403

Carlton Park Gardens

6135 Commercial St
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.

8675 French

Khalids unit

Cartier Street

Total Monthly Price
6843 Fraser St, Unit SI ID1281565P

Shoreline

1373 West 73rd

Maple + 41

The Cascades

Wall Shannon Mews

6388 Elliott St
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.

3862 41st Av W

1842 W 63rd Ave

3550 W 39th Ave

6080 Marine Dr, Unit 402

6837 Station Hill Dr, Unit 407

1100 Smith Ave

4864 Watling St, Unit 1522

Westport

10XX E 62nd Ave

8635 Fremlin 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 | $1,945 | $1,570 | $2,750 |
| Cheap Richmond 1 Bedroom Apartments | $2,220 | $1,300 | $4,704 |
| Cheap Richmond 2 Bedroom Apartments | $3,415 | $2,500 | $8,460 |
| Cheap Richmond 3 Bedroom Apartments | $5,070 | $2,800 | $8,274 |
| Cheap Richmond 4 Bedroom Apartments | $13,173 | $10,000 | $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 Marine Terrace in the South Vancouver neighborhood priced from $1,550. Blair House in the Richmond neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,570. 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 |
| Blair House | Bachelor | Studio,1BA | $1,570 |
| 8675 French | Studio Promotional Price For12 Months* | Studio,1BA | $1,676 |
| Camellia | PLAN B1 | Studio,1BA | $1,750 |
| Cartier Street | 1 Bed Promotional price for 12 months* | 1BR,1BA | $1,753 |
| Fraser Place Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,770 |
| Dolphin Square Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,800 |
| 8735 Selkirk | 1 Bed Promotional price | 1BR,1BA | $1,817 |
| Carlton Park Gardens | 1 Beds, 1 Baths | 1BR,1BA | $1,895 |
| Maple + 41 | CITY 1 BR | 1BR,1BA | $1,908 |
Best Value Apartments for Rent in Richmond, BC
As of July 28, 2026 the best value apartment in the Richmond area is the $2.69 price per square foot 3 Beds, 1 Baths Model at Hillcrest Manor Apartments in the in the New Westminster neighborhood starting from $3,150. The second greatest value Richmond apartment is the 2 Beds, 2 Baths Model at Kerrisdale Towers A & B starting at $3,150 with a $2.99 price per square foot in the Arbutus Ridge 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. |
|---|---|---|---|
| Hillcrest Manor Apartments | 3 Beds, 1 Baths | 3BR,1BA | $2.69 |
| Kerrisdale Towers A & B | 2 Beds, 2 Baths | 2BR,2BA | $2.99 |
| Chancellor Court | 2BD | 2BR,2BA | $3.40 |
| Fraser Flats Apartments | 2 Beds, 1 Baths | 2BR,1BA | $3.13 |
| Carlton Park Gardens | 1 Beds, 1 Baths | 1BR,1BA | $2.53 |
| Clipper Cove | 1 Bedroom - 252 | 1BR,1BA | $3.12 |
| 8735 Selkirk | 1 Bed Promotional price | 1BR,1BA | $3.04 |
| The Everett Marine & Kerr | 1 BR + Den | 1BR,1BA | $3.53 |
| Blair House | Bachelor | Studio ,1BA | $3.49 |
| Marine Terrace | Plan B | Studio ,1BA | $3.52 |
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 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 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 Hillcrest Manor Apartments and starts from $3,150.
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

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.

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.