
Cheap Homes for Rent in Vancouver, BC from $500 (25 Rentals)
Search the lowest-cost Homes available for rent right now in Vancouver.


6388 Elliott St

1842 W 63rd Ave

3862 41st Av W

7068 Jubilee Ave

3853 W 15th Ave
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.

3550 W 39th Ave

306 Esmond Av

304 Rosser Ave

4864 Watling St

10XX E 62nd Ave

11371 Cambie Rd.
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.

11371 Cambie Rd.

3683 E Hastings St

3773 Burke St

4585 Commercial St

1628 SW Marine Dr

4473 Oxford 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.

4296 Dundas St

3740 Albert St, Unit x

6342 Ash St

2765 E 54th Ave

2723 Turner St

8635 Fremlin St
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.

784 E 56th Ave
Vancouver, BC Local Guide
How much does it cost to rent a home in Vancouver?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Vancouver 2 Bedroom Homes for Rent | $3,469 | $550 | $10,000+ |
| Vancouver 3 Bedroom Homes for Rent | $4,828 | $900 | $10,000+ |
| Vancouver 4 Bedroom Homes for Rent | $8,693 | $4,600 | $10,000+ |
| Vancouver 5 Bedroom Homes for Rent | $7,535 | $4,200 | $10,000+ |
| Vancouver 6 Bedroom Homes for Rent | $7,000 | $1,000 | $10,000+ |
| Vancouver 7 Bedroom Homes for Rent | $900 | $900 | $900 |
Browse Top Homes for Rent in Vancouver
Explore Vancouver
Vancouver, BC Local Guide
- Vancouver Neighborhoods
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Cheapest Neighborhoods for Apartments in Vancouver, BC
Pricing Updated: 07/27/2026Current apartment rentals in the Vancouver, BC area range in price from $1,300 to $31,536 with an overall median price of $12,947. The three Vancouver neighborhoods with the lowest median rent pricing are Grandview Woodland at $1,595, South Cambie at $1,695, and Marpole at $1,753. 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 |
|---|---|---|---|
| Grandview Woodland | $3,675 | $1,595 | 9 |
| South Cambie | $3,700 | $1,695 | 22 |
| Marpole | $3,731 | $1,753 | 34 |
| Mount Pleasant | $4,302 | $1,767 | 33 |
| Strathcona | $4,312 | $1,889 | 21 |
| Kerrisdale | $4,565 | $1,780 | 23 |
| Hastings Sunrise | $7,744 | $1,765 | 6 |
| Downtown Vancouver | $9,585 | $1,375 | 35 |
| Oakridge | $11,011 | $2,017 | 35 |
| Riley Park | $11,806 | $1,695 | 47 |
Cheapest Available Vancouver Apartments for Rent
 The cheapest available apartment rental in Vancouver, BC is a Studio unit found at Linwood Court in the Burnaby neighborhood priced from $1,495. Marine Terrace in the South Vancouver neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,550. Here is today’s list of the most affordable Vancouver apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Linwood Court | Bachelor A | Studio,1BA | $1,495 |
| Marine Terrace | Plan B | Studio,1BA | $1,550 |
| Burnaby Centre | Studio | Studio,1BA | $1,725 |
| International Plaza (Residential) | Bachelor B International Plaza | Studio,1BA | $1,750 |
| Cartier Street | 1 Bed Promotional price for 12 months* | 1BR,1BA | $1,753 |
Best Value Apartments for Rent in Vancouver, BC
As of July 28, 2026 the best value apartment in the Vancouver area is the $2.28 price per square foot 2595 Point Grey Rd Model at 2595 Point Grey Rd in the in the Kitsilano neighborhood starting from $20,185. The second greatest value Vancouver apartment is the 2 Beds, 2 Baths Model at Kerrisdale Towers A & B starting at $3,150 with a $2.99 price per square foot in the Arbutus Ridge neighborhood. 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. |
|---|---|---|---|
| 2595 Point Grey Rd | 2595 Point Grey Rd | 4BR,3BA | $2.28 |
| Kerrisdale Towers A & B | 2 Beds, 2 Baths | 2BR,2BA | $2.99 |
| 55 Water St | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $3.00 |
| Metro Pointe Burnaby | two bedrooms | 2BR,2BA | $2.84 |
| Fraser Flats Apartments | 2 Beds, 1 Baths | 2BR,1BA | $3.13 |
| Park Royal Towers | 1 Bedroom(s) and 1 Bathroom(s) | 1BR,1BA | $2.93 |
| Wall Vista Del Mar | 1 Bed / 1 Bath • 670 SF | 1BR,1BA | $2.99 |
| Wall Ambleside | 1 Bed / 1 Bath • 651 SF | 1BR,1BA | $3.15 |
| 8735 Selkirk | 1 Bed Promotional price | 1BR,1BA | $3.04 |
| Linwood Court | Bachelor A | Studio ,1BA | $3.05 |
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 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.
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 Vancouver
What type of rentals are currently available in Vancouver?
There are currently 5619 Apartments for Rent in Vancouver, BC with pricing that ranges from $1,300 to $46,761. There are also 477 Single Family Homes for rent, Condos, and Townhome rentals currently available in Vancouver ranging from $550 to $28,000.
What is the current price range for Rental Homes in Vancouver?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Vancouver ranges from $550 to $28,000 with an average monthly rent of $4,950.
How much are larger Three and Four Bedroom Rentals in Vancouver?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Vancouver range from $2,250 to $46,761, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $28,000. Four Bedroom Single-Family rentals are also available starting from $4,600 and Four Bedroom Apartments start at $4,688.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.