
Cheap Apartments for Rent in Vancouver, BC from $1,280 (183 Rentals)
Search the lowest-cost Apartments available for rent right now in Vancouver.


2341 York Ave

1517 Comox St

8623 Selkirk St

3460 1st Av W

1086 W 10th Ave

3583 Kingsway

Wall Amber Lodge

1156 W 12th Ave

368-368 Lakewood 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.

860 Jervis St

Yarrow and Aster East Village Apartments

Clark Park by Conwest

Kiln

1380 Jervis St

Chroma

2350 W 1st Ave

550 W 12th Ave

Maple + 41

Sterling
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.

The Artiste

Kirya Apartments

The Cascades

603 W 8th Ave

Mera West 42

43Twenty Residences

1523 Davie St

Renfrew Village North Building

Wall Shannon Mews

1770 Barclay 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.

The Duke

Fraser Flats Apartments

Fraser Flats Apartments

The Elms

685 Pacific Blvd

1580 Haro

Nell’s Place

1905 Robson St

1160 Haro St

Hub Place
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.

The Glenmore

388 Kaslo East Village Apartments

1355 West 14th

2183 West 44th

Wall Yaletown

3675 W 7th Ave

1265 Burnaby St

The Windsor

SIGNAL at Marine Gateway

855 Jervis
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.
Vancouver, BC Local Guide
How much does it cost to rent an apartment in Vancouver?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Vancouver Studio Apartments | $2,218 | $1,375 | $3,535 |
| Cheap Vancouver 1 Bedroom Apartments | $2,589 | $1,280 | $8,505 |
| Cheap Vancouver 2 Bedroom Apartments | $3,531 | $1,995 | $10,000+ |
| Cheap Vancouver 3 Bedroom Apartments | $5,066 | $2,250 | $7,500 |
| Cheap Vancouver 4 Bedroom Apartments | $4,995 | $4,995 | $4,995 |
Browse Top Apartments in Vancouver
See all Apartments in VancouverExplore Vancouver
Vancouver, BC Local Guide

- Vancouver Neighborhoods
- Nearby Cities
Cheapest Neighborhoods for Apartments in Vancouver, BC
Pricing Updated: 09/20/2026Current apartment rentals in the Vancouver, BC area range in price from $1,280 to $11,100 with an overall median price of $2,768. The three Vancouver neighborhoods with the lowest median rent pricing are Marpole at $2,139, West Point Grey at $2,150, and Hastings Sunrise at $2,375. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Vancouver Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Marpole | $2,139 | $1,280 | 31 |
| West Point Grey | $2,150 | $2,150 | 1 |
| Hastings Sunrise | $2,375 | $1,850 | 2 |
| Mount Pleasant | $2,500 | $1,889 | 20 |
| Strathcona | $2,500 | $1,889 | 9 |
| Grandview Woodland | $2,550 | $1,875 | 7 |
| Kerrisdale | $2,559 | $1,280 | 24 |
| West End | $2,590 | $1,490 | 37 |
| Killarney | $2,617 | $1,795 | 13 |
| Downtown Vancouver | $2,649 | $1,375 | 50 |
Cheapest Available Vancouver Apartments for Rent
 The cheapest available apartment rental in Vancouver, BC is a Studio unit found at Marine Terrace in the South Vancouver neighborhood priced from $1,550. Burnaby Centre in the Burnaby neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,625. Here is today’s list of the most affordable Vancouver apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Marine Terrace | Plan B | Studio, 1BA | $1,550 |
| Burnaby Centre | Studio | Studio, 1BA | $1,625 |
| Southview Gardens | One-Bedroom | 1BR, 1BA | $1,650 |
| International Plaza (Residential) | Bachelor B International Plaza | Studio, 1BA | $1,750 |
| 3583 Kingsway | Studio Promotional Price For 12 Months* | Studio, 1BA | $1,795 |
| Wall Beaconhill | 1 Bed / 1 Bath • 730 SF | 1BR, 1BA | $1,800 |
| Kiln | Studio | Studio, 1BA | $1,875 |
| Pacific Beach | 0 Beds, 1 Baths | Studio, 1BA | $1,875 |
| Chroma | 0 Bedroom(s) and 1 Bathroom(s) | Studio, 1BA | $1,889 |
| Maple + 41 | Studio | 1BR, 1BA | $1,920 |
Best Value Apartments for Rent in Vancouver, BC
As of September 20, 2026 the best value apartment in the Vancouver area is the $2.99 price per square foot 2 Beds, 1.5 Baths Model at Shannon Tower in the Oakridge neighborhood starting from $3,000. The second greatest value Vancouver apartment is the two bedrooms Model at Metro Pointe Burnaby in the Burnaby neighborhood starting at $2,695 with a $2.84 price per square foot. Here is today’s list of the best values for Vancouver apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shannon Tower | 2 Beds, 1.5 Baths | 2BR, 1.5BA | $2.99 |
| Metro Pointe Burnaby | two bedrooms | 2BR, 2BA | $2.84 |
| Wall Amber Lodge | 2 Bed / 1 Bath • 910 SF | 2BR, 1BA | $3.08 |
| 1906 Nelson St | 2 Bedroom(s) and 1.5 Bathroom(s) | 2BR, 1.5BA | $3.10 |
| Park Strand Apartments | 1bd/1bath | 1BR, 1BA | $2.33 |
| Panarama Tower | C1 | 1BR, 1BA | $3.10 |
| The Twelve81 | 1 Beds, 1 Baths | 1BR, 1BA | $3.12 |
| Vine Gardens | 1 BR | 1BR, 1BA | $3.30 |
| Arbour Place | One Bedroom (M) | 1BR, 1BA | $3.30 |
| Southview Gardens | One-Bedroom | 1BR, 1BA | $3.14 |
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.
Vancouver Overview
The City of Vancouver, B.C., continues to grow as people discover the many benefits of living along Canada’s Pacific coastline. Surrounded by lush forests, breathtaking mountains, and ocean views, the area provides a natural experience rarely enjoyed by city residents. People who move into Vancouver apartments enjoy a sensible work-life balance in neighborhoods that reflect their personalities and interests. A strong economy, good public education, and cultural diversity are just some of the reasons people occupying the apartments in Vancouver enjoy an exceptional quality of life.
Why live in Vancouver, BC?
The initial attraction to Vancouver tends to be its awe-inspiring natural surroundings. Once people visit the Pacific Coast city, they discover a rare cultural richness and vibrant economy. Its arts scene and educated workforce attract movie and television show productions. The Port of Vancouver drives a thriving import and export economy. At the end of the day, the tremendous number of festivals and things to do support a peaceful and fulfilling quality of life.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Vancouver, BC Rentals by Map
See the most popular apartments and homes in Vancouver, BC
Frequently Asked Questions about Cheap Vancouver Apartments
What is the Cheapest Studio apartment in Vancouver?
Currently the most affordable Cheap Studio Apartment in Vancouver is at Marine Terrace listed at $1,550.
How much is rent for a Cheap One Bedroom Vancouver Apartment?
The lowest price for a Cheap One Bedroom Vancouver Apartment is $1,650 at Southview Gardens.
What is the lowest price for a Cheap Two Bedroom Vancouver Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Vancouver is starting from $2,400 at Fraser Flats Apartments.
What is the most affordable Vancouver Three Bedroom Apartment?
The best deal on a cheap Vancouver Three Bedroom Apartment rental is at Kiln and starts from $3,450.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.