
Cheap Homes for Rent in Richmond, BC from $700 (62 Rentals)
Search the lowest-cost Homes available for rent right now in Richmond.


12331 McNeely Dr

3550 W 39th Ave

4864 Watling St

1842 W 63rd Ave

4864 Watling St

4864 Watling St

4864 Watling St

8368 Ruskin Rd

8368 Ruskin 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.

2222 Davies Ct

6431 Azure Rd

722 W 66th Ave

2033 53rd Av E

104xx Williams Rd

104xx Williams Rd

8181 Chester St

783 E 52nd Ave

4505 Neville St

4505 Neville St
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.

784 E 56th Ave

53XX Gladstone St

53XX Gladstone St

2111 Fraserview Dr

8031 Nunavut Ln

8031 Nunavut Ln

6651 Minoru Blvd

2111 Fraserview Dr

1XXX E 64th Ave

8888 Osler St
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.

1XXX E 64th Ave

8888 Osler St

5600 Andrews Rd

7760 Decourcy Crescent

6651 Minoru Blvd

6869 Gladstone St

7117 Elmbridge Way

6709 Sussex Ave

7117 Elmbridge Way

6133 Buswell St
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.

6709 Sussex Ave

6869 Gladstone St

5600 Andrews Rd

6651 Minoru Blvd

7760 Decourcy Crescent

8131 Ryan Rd

7788 Ackroyd Rd

8888 Osler St

8600 General Currie Rd

2885 W 35th Ave
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.
Richmond, BC Local Guide

How much does it cost to rent a home in Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richmond 2 Bedroom Homes for Rent | $2,889 | $1,700 | $4,750 |
| Richmond 3 Bedroom Homes for Rent | $4,009 | $900 | $7,500 |
| Richmond 4 Bedroom Homes for Rent | $4,700 | $3,400 | $6,800 |
| Richmond 5 Bedroom Homes for Rent | $5,885 | $3,900 | $8,500 |
| Richmond 6 Bedroom Homes for Rent | $5,285 | $1,000 | $8,000 |
Browse Top Homes for Rent in Richmond
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Richmond, BC Local Guide
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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 $1,490. 8675 French has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,709. 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 | $1,490 |
| 8675 French | 1 Bed Promotional price for 12 months | 1BR,1BA | $1,709 |
| Cartier Street | Studio Promotional Price For 12 Months* | Studio,1BA | $1,740 |
| 8735 Selkirk | 1 Bed Promotional price | 1BR,1BA | $1,777 |
| Dolphin Square Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,795 |
| Shoreline | One Bedroom | 1BR,1BA | $1,800 |
| 1373 West 73rd | 1 Bed Promotional price | 1BR,1BA | $1,887 |
| Langara Gardens | Garden ONE BEDROOM | 1BR,1BA | $1,900 |
| Blair House | Elite 1 Bedroom | 1BR,1BA | $1,969 |
| SIGNAL at Marine Gateway | Studio | Studio,1BA | $1,975 |
Best Value Apartments for Rent in Richmond, BC
As of February 26, 2026 the best value apartment in the Richmond area is the $3.50 price per square foot 3 Beds, 1 Baths Model at Shannon Tower in the starting from $5,700. The second greatest value Richmond apartment is the 2BR+1/5BA Model at Seafair starting at $2,550 with a $2.60 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. |
|---|---|---|---|
| Shannon Tower | 3 Beds, 1 Baths | 3BR,1BA | $3.50 |
| Seafair | 2BR+1/5BA | 2BR,1.5BA | $2.60 |
| Carlton Park Gardens | 2 Beds, 1 Baths | 2BR,1BA | $2.49 |
| Langara Gardens | High-Rise ONE BEDROOM | 1BR,1BA | $2.73 |
| Shoreline | One Bedroom | 1BR,1BA | $2.57 |
| 8735 Selkirk | 8735 Selkirk - Plan D | 1BR,1BA | $3.13 |
| Blair House | Elite 1 Bedroom | 1BR,1BA | $3.18 |
| Fraser Flats Apartments | 1 Beds, 1 Baths | 1BR,1BA | $3.75 |
| The Everett Marine & Kerr | 1 BR + Den | 1BR,1BA | $3.45 |
| Hillcrest Manor Apartments | 0 Beds, 1 Baths | Studio ,1BA | $2.92 |
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 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 Richmond
What type of rentals are currently available in Richmond?
There are currently 1318 Apartments for Rent in Richmond, BC with pricing that ranges from $1,490 to $5,440. There are also 259 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $700 to $8,500.
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 $700 to $8,500 with an average monthly rent of $4,451.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.