Cheap Apartments for Rent in Vancouver, BC from $1,280 (183 Rentals)

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

property at 7430 Angus Dr
$1,280 - $4,880
1 To 4 Bedroom Rentals
Available Now
Furnished

7430 Angus Dr

VancouverBCV6P 5K2
property at 2341 York Ave
$1,375 - $1,495
Studio To 1 Bedroom Rentals
Available Now
Affordability

2341 York Ave

VancouverBCV6K 1C8
property at 1517 Comox St
$1,490 - $3,990
Studio To 2 Bedroom Rentals
Available Now
Furnished

1517 Comox St

VancouverBCV6G 1P3
property at 3460 1st Av W
$1,650

Total Monthly Price

Base Rent$1,650

Total Monthly Price$1,650
1 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

3460 1st Av W

VancouverBCV6R 1G7

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.

property at 860 Jervis St
$1,800
1 Bedroom Rentals
Available Now
Affordability

860 Jervis St

VancouverBCV6E 2B3

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.

property at 1188 Burnaby St
$1,950 - $2,840
Studio To 2 Bedroom Rentals
Available Now

Kirya Apartments

1188 Burnaby St
VancouverBCV6E 1P1
property at 603 W 8th Ave
$1,965 - $2,475
Studio To 1 Bedroom Rentals
Available Now
Affordability

603 W 8th Ave

VancouverBCV5Z 3C3
property at 4320 Slocan St
$1,995 - $2,695
1 To 2 Bedroom Rentals
Available Now
Affordability

43Twenty Residences

4320 Slocan St
VancouverBCV5R 1Z5
property at 1523 Davie St
$1,995 - $3,595
Studio To 2 Bedroom Rentals
Available Now
Affordability

1523 Davie St

VancouverBCV6G 3A2

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.

property at 3688 E Sawmill Cres
$2,065 - $2,685
1 To 2 Bedroom Rentals
Available Now
Affordability

Fraser Flats Apartments

3688 E Sawmill Cres
VancouverBCV5S 0E6
property at 685 Pacific Blvd
$1,995 - $3,495
Studio To 2 Bedroom Rentals
Available Now
Affordability

685 Pacific Blvd

VancouverBCV6B 0R4
  • Smoke Free
property at 1160 Haro St
$2,050 - $2,100
1 Bedroom Rentals
Available Sep 30
Affordability

1160 Haro St

VancouverBCV6E 1E2
property at 1649 E Broadway
$2,110 - $4,100
1 To 3 Bedroom Rentals
Available Now
Affordability

Hub Place

1649 E Broadway
VancouverBCV5N 0J4

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.

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

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: 09/20/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Marpole $2,139$1,28031
West Point Grey $2,150$2,1501
Hastings Sunrise $2,375$1,8502
Mount Pleasant$2,500$1,88920
Strathcona $2,500$1,8899
Grandview Woodland $2,550$1,8757
Kerrisdale $2,559$1,28024
West End $2,590$1,49037
Killarney $2,617$1,79513
Downtown Vancouver$2,649$1,37550

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 ListingModel NameBed/BathPriced From
Marine TerracePlan BStudio, 1BA$1,550
Burnaby CentreStudioStudio, 1BA$1,625
Southview GardensOne-Bedroom1BR, 1BA$1,650
International Plaza (Residential)Bachelor B International PlazaStudio, 1BA$1,750
3583 KingswayStudio Promotional Price For 12 Months*Studio, 1BA$1,795
Wall Beaconhill1 Bed / 1 Bath • 730 SF1BR, 1BA$1,800
KilnStudioStudio, 1BA$1,875
Pacific Beach0 Beds, 1 BathsStudio, 1BA$1,875
Chroma0 Bedroom(s) and 1 Bathroom(s)Studio, 1BA$1,889
Maple + 41Studio1BR, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Shannon Tower2 Beds, 1.5 Baths2BR, 1.5BA$2.99
Metro Pointe Burnabytwo bedrooms2BR, 2BA$2.84
Wall Amber Lodge2 Bed / 1 Bath • 910 SF2BR, 1BA$3.08
1906 Nelson St2 Bedroom(s) and 1.5 Bathroom(s)2BR, 1.5BA$3.10
Park Strand Apartments1bd/1bath1BR, 1BA$2.33
Panarama TowerC11BR, 1BA$3.10
The Twelve811 Beds, 1 Baths1BR, 1BA$3.12
Vine Gardens1 BR1BR, 1BA$3.30
Arbour PlaceOne Bedroom (M)1BR, 1BA$3.30
Southview GardensOne-Bedroom1BR, 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.

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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.

Read Article

Real 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 Article
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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 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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis   article

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.