Cheap Homes for Rent in Vancouver, BC from $550 (68 Rentals)

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

property at 3811 Frances St
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
1 Bedroom, 1 Bath Condo for Rent
Available Sep 30
Cost Per Sq.Ft.

3811 Frances St

BurnabyBCV5C 2P1
  • Smoke Free
property at 3853 W 15th Ave
$1,000 - $1,100
8 Bedroom Rentals
Available Now
Furnished

3853 W 15th Ave

VancouverBCV6R 3A1
  • Smoke Free
property at 4113 Trinity St
$1,050

Total Monthly Price

Base Rent$1,050

Total Monthly Price$1,050
1 Bedroom, 1 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

4113 Trinity St

BurnabyBCV5C 1N9
  • Smoke Free

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 3550 W 39th Ave
$1,000 - $1,100
6 Bedroom Rentals
Available Now
Furnished

3550 W 39th Ave

VancouverBCV6N 3A5
  • Smoke Free
property at 306 Esmond Av
$1,150 - $3,500

Total Monthly Price

Base Rent$1,150 - $3,500

Total Monthly Price$1,150 - $3,500
1 To 3 Bedroom Townhomes for Rent
Available Now
Affordability

306 Esmond Av

BurnabyBCV5C 4J5
  • Smoke Free
property at 3852 Mckay Dr
$1,300

Total Monthly Price

Base Rent$1,300

Total Monthly Price$1,300
Studio, 1 Bath Condo for Rent
Available Now
Furnished

3852 Mckay Dr

RichmondBCV6X 3R5

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 4473 Oxford St
$1,480

Total Monthly Price

Base Rent$1,480

Total Monthly Price$1,480
1 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

4473 Oxford St

BurnabyBCV5C 1E6
  • Smoke Free
property at 2127 E 46th Ave
$1,500 - $1,800
1 Bedroom Rentals
Available Sep 15
Furnished

2127 E 46th Ave

VancouverBCV5P 1P3
property at 115 Gilmore Ave
$1,500
2 Bedroom Rentals
Available Now
Affordability

115 Gilmore Ave

BurnabyBCV5C 4P7

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 2219 6th Av W
$1,690

Total Monthly Price

Base Rent$1,690

Total Monthly Price$1,690
2 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

2219 6th Av W

VancouverBCV6K 1V7
  • Smoke Free

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.

property at 4876 Earles St
$1,800 - $2,800
2 To 3 Bedroom Rentals
Available Now
Furnished

4876 Earles St

VancouverBCV5R 3R5
  • Smoke Free
property at 5085 Mchardy St
$1,850 - $2,650

Total Monthly Price

Base Rent$1,850 - $2,650

Total Monthly Price$1,850 - $2,650
Studio To 2 Bedroom Condos for Rent
Available Now
Affordability

5085 Mchardy St

VancouverBCV5R 0L7
  • Smoke Free

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

Cheapest Neighborhoods for Apartments in Vancouver, BC

Pricing Updated: 09/10/2026

Current apartment rentals in the Vancouver, BC area range in price from $1,280 to $10,741 with an overall median price of $2,729. 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$1,28033
West Point Grey $2,150$2,1501
Hastings Sunrise $2,375$1,8504
Mount Pleasant$2,452$1,88921
Grandview Woodland $2,550$1,8006
Strathcona $2,555$1,8899
Kerrisdale $2,564$1,28025
West End $2,585$1,49038
Killarney $2,617$1,79513
Downtown Vancouver$2,630$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
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
Hub Place0 Beds, 1 BathsStudio,1BA$1,915
SterlingStudioStudio,1BA$1,938

Best Value Apartments for Rent in Vancouver, BC

As of September 10, 2026 the best value apartment in the Vancouver area is the $2.84 price per square foot two bedrooms Model at Metro Pointe Burnaby in the in the Burnaby neighborhood starting from $2,695. The second greatest value Vancouver apartment is the 2 Bed / 1 Bath • 910 SF Model at Wall Amber Lodge starting at $2,800 with a $3.08 price per square foot in the Dunbar Southlands 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.
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
8735 Selkirk8735 Selkirk - Plan I1BR,1BA$2.61
Arbour PlaceOne Bedroom (M)1BR,1BA$3.33
The ArtisteStudioStudio ,1BA$3.20
8675 French8675 French - Plan A1BR,1BA$3.35

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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Vancouver

What type of rentals are currently available in Vancouver?

There are currently 5636 Apartments for Rent in Vancouver, BC with pricing that ranges from $1,280 to $10,741. There are also 666 Single Family Homes for rent, Condos, and Townhome rentals currently available in Vancouver ranging from $550 to $25,000.

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 $25,000 with an average monthly rent of $3,620.

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 $7,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $25,000. Four Bedroom Single-Family rentals are also available starting from $4,200 and Four Bedroom Apartments start at $4,995.

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

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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 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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.