Cheap Apartments for Rent in Vancouver, BC from $1,100 (137 Rentals)

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Search the lowest-cost Apartments available for rent right now in Vancouver.

property at 1152 E 41st Ave

1152 E 41st Ave

VancouverBCV5W 1R2
property at 1517 Comox St

1517 Comox St

VancouverBCV6G 1P3

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.

property at 1940 William St

1940 William St

VancouverBCV5L 2R8

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.

property at 1315 Broughton St

1315 Broughton St

VancouverBCV6G 2B6

Cash 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.

property at 1425 Haro St

1425 Haro St

VancouverBCV6G 1G2
property at 990 Broughton St

990 Broughton St

VancouverBCV6G 2A5
property at 1265 Burnaby St

1265 Burnaby St

VancouverBCV6E 1P8

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.

property at 1228 Nicola St

1228 Nicola St

VancouverBCV6G 2E6
property at 1649 E Broadway

1649 E Broadway

VancouverBCV5N 0J4

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.

Vancouver, BC Local Guide

Photo of James W. Vickers - Local Guide Expert
Written By:
James W. Vickers
Local Guide Expert

Cheapest Neighborhoods for Apartments in Vancouver, BC

Pricing Updated: 11/03/2025

Current apartment rentals in the Vancouver, 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 Vancouver Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
South Vancouver$5,970$1,6502
Downtown Vancouver$15,229$1,54261

Cheapest Available Vancouver Apartments for Rent

 

The cheapest available apartment rental in Vancouver, BC is a Studio unit found at Panarama Tower priced from $1,740. Edgewater in the Downtown Vancouver neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,850. Here is today’s list of the most affordable Vancouver apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Panarama TowerA1Studio,1BA$1,740
EdgewaterBachelorStudio,1BA$1,850
Chroma0 Bedroom(s) and 1 Bathroom(s)Studio,1BA$1,889
Metro Pointe Burnabyone bedroom1BR,1BA$1,895
The EverestJr 1 BR1BR,1BA$1,900
8675 French8675 French - Plan F1BR,1BA$1,939
3583 Kingsway3583 Kingsway - Plan BStudio,1BA$1,949
Cartier Street8790 Cartier - Plan G1BR,1BA$1,949
Arbour PlaceA1Studio,1BA$1,970
Harbourview Terrace Apartments0 Beds, 1 BathsStudio,1BA$1,995

Best Value Apartments for Rent in Vancouver, BC

As of November 03, 2025 the best value apartment in the Vancouver area is the $2.63 price per square foot 3 Bedroom(s) and 2 Bathroom(s) Model at Park Royal Towers in the starting from $4,725. The second greatest value Vancouver apartment is the 1 Bedroom(s) and 1.5 Bathroom(s) Model at 33 Water Street starting at $3,300 with a $2.81 price per square foot in the Downtown Vancouver neighborhood. Here is today’s list of the best values for Vancouver apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Park Royal Towers3 Bedroom(s) and 2 Bathroom(s)3BR,2BA$2.63
33 Water Street1 Bedroom(s) and 1.5 Bathroom(s)1BR,1.5BA$2.81
Metro Pointe Burnabytwo bedrooms2BR,2BA$3.05
1837 W 14th Ave2 bedroom2BR,1BA$3.05
The Artiste1 Bedroom Loft1BR,1BA$3.11
Westmont1 BR1BR,1BA$2.93
Ambleside1BR+1BA1BR,1BA$3.17
The Everett Marine & Kerr1 BR + Den1BR,1BA$3.16
Vista del Mar1BR+1BA1BR,1BA$3.13
Langara GardensHigh-Rise LD ONE_BEDROOM1BR,1BA$3.18

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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The 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.

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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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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!

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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 Panarama Tower listed at $1,740.

How much is rent for a Cheap One Bedroom Vancouver Apartment?

The lowest price for a Cheap One Bedroom Vancouver Apartment is $1,895 at Metro Pointe Burnaby.

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 $2,298 at RIVA Residences.

What is the most affordable Vancouver Three Bedroom Apartment?

The best deal on a cheap Vancouver Three Bedroom Apartment rental is at 3338 Sawmill Cres and starts from $2,695.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.