Cheap Homes for Rent in Downtown Vancouver Neighborhood of Vancouver, BC from $1,600 (18 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Vancouver area of Vancouver.

property at 950 Drake St

950 Drake St

VancouverBCV6Z 2B9

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.

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 1325 Rolston St

1325 Rolston St

VancouverBCV6B 0M2
property at 1239 W Georgia St

1239 W Georgia St

VancouverBCV6E 4R8

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.

Cheapest Available Downtown Vancouver Apartments for Rent

 

The cheapest available apartment rental in the Downtown Vancouver area of Vancouver, BC is a 1 Bed unit found at The Everest priced from $1,900. Ocean Park Place Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,995. Here are the most affordable Downtown Vancouver apartments for rent in Vancouver, BC:

Apartment ListingModel NameBed/BathPriced From
The EverestJr 1 BR1BR,1BA$1,900
Ocean Park Place Apartments0 Beds, 1 BathsStudio,1BA$1,995
Hendry House1 Beds, 1 Baths1BR,1BA$1,995
Regency Park0 Bedroom(s) and 1 Bathroom(s)Studio,1BA$2,050
Wesley PlaceBachelor AStudio,1BA$2,095

Best Value Apartments for Rent in Downtown Vancouver, BC

As of October 31, 2025 the best value apartment in the Downtown Vancouver area is the $3.74 price per square foot Two Bedroom Model at False Creek Residences in the in the Downtown Vancouver neighborhood starting from $3,770. The second greatest value Downtown Vancouver apartment is the 2040 York - Plan A Model at 2040 York starting at $3,599 with a $4.24 price per square foot in the Downtown Vancouver neighborhood. Here is today’s list of the best values for Downtown Vancouver apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
False Creek ResidencesTwo Bedroom2BR,2BA$3.74
2040 York2040 York - Plan A2BR,1BA$4.24
Yaletown 939O12BR,1.5BA$4.16
Yaletown2 BR + Den2BR,2BA$4.22
Bayshore Outlook1 BD1BR,1BA$3.56
Katherine AnneKatherine Anne - Plan B1BR,1BA$3.89
Edgewater1 Bedroom1BR,1BA$3.25
The EverestJr 1 BR1BR,1BA$3.65
Hendry House1 Beds, 1 Baths1BR,1BA$3.95
The Dogwood1 Beds, 1 Baths1BR,1BA$4.29

Frequently Asked Questions about Downtown Vancouver

What type of rentals are currently available in Downtown Vancouver?

There are currently 1235 Apartments for Rent in Downtown Vancouver, BC with pricing that ranges from $1,700 to $24,000. There are also 146 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Vancouver ranging from $1,650 to $25,000.

What is the current price range for Rental Homes in Downtown Vancouver?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Vancouver ranges from $1,650 to $25,000 with an average monthly rent of $8,782.

How much are larger Three and Four Bedroom Rentals in Downtown Vancouver?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Vancouver range from $4,920 to $7,560, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,920 to $14,995. Four Bedroom Single-Family rentals are also available starting from $10,000 and Four Bedroom Apartments start at $7,705.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.