Cheap Homes for Rent in Richmond, BC from C$1,000 (15 Rentals)

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Search the lowest-cost Homes available for rent right now in Richmond.

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.

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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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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.

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Richmond, BC Local Guide

Cheapest Neighborhoods for Apartments in Richmond, BC

Pricing Updated: 07/11/2025

Current apartment rentals in the Richmond, BC area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Richmond Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Richmond DeltaC$2,975C$1,9253

Cheapest Available Richmond Apartments for Rent

 

The cheapest available apartment rental in Richmond, BC is a Studio unit found at Dolphin Square Apartments priced from C$1,795. Carlton Park Gardens has the second lowest priced unit, which is a Studio apartment currently listed from C$1,795. Here is today’s list of the most affordable Richmond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Dolphin Square Apartments0 Beds, 1 BathsStudio,1BAC$1,795
Carlton Park Gardens0 Beds, 1 BathsStudio,1BAC$1,795
Hillcrest Manor Apartments0 Beds, 1 BathsStudio,1BAC$1,795
8675 French8675 French - Plan AStudio,1BAC$1,819
Camellia At The GardensStudioStudio,1BAC$1,925

Best Value Apartments for Rent in Richmond, BC

As of July 12, 2025 the best value apartment in the Richmond area is the C$3.50 price per square foot 3 Beds, 1 Baths Model at Shannon Tower in the starting from C$5,700. The second greatest value Richmond apartment is the 2 Beds, 2 Baths Model at Willow Gardens starting at C$2,850 with a C$2.63 price per square foot . Here is today’s list of the best values for Richmond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Shannon Tower3 Beds, 1 Baths3BR,1BAC$3.50
Willow Gardens2 Beds, 2 Baths2BR,2BAC$2.63
Chancellor Court2BD2BR,2BAC$3.51
Langara Gardens(1) Garden TWO BEDROOMS2BR,1BAC$2.64
8735 Selkirk8735 Selkirk - Plan I1BR,1BAC$2.85
Starlight Towers1BD1BR,1BAC$2.84
Chancellor Court1BD1BR,1BAC$3.66
Cartier Street8790 Cartier - Plan C1BR,1BAC$3.37
Harbourside1 BR1BR,1BAC$3.71
Hillcrest Manor Apartments0 Beds, 1 BathsStudio ,1BAC$3.56

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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Frequently Asked Questions about Richmond

What type of rentals are currently available in Richmond?

There are currently 1282 Apartments for Rent in Richmond, BC with pricing that ranges from C$1,795 to C$9,270. There are also 88 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from C$1,000 to C$10,000.

What is the current price range for Rental Homes in Richmond?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Richmond ranges from C$1,000 to C$10,000 with an average monthly rent of C$3,910.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.