If you’re searching for a new place to live in Vancouver, rent prices are probably one of the most important factors in your decision. Apartment rental prices in Vancouver neighborhoods have continued to increase over the years. Luckily, even in 2025, there are some Vancouver neighborhoods that do offer budget friendly, affordable rental rates. The list of the cheapest neighborhoods in Vancouver for renters is sorted by lowest median rental rates compared to the Vancouver average.

Population 2,574
-27%
Median Rent $944 / month
27% less expensive than Vancouver
Population 1,730
-26%
Median Rent $958 / month
26% less expensive than Vancouver
Population 521
-26%
Median Rent $958 / month
26% less expensive than Vancouver
Population 2,713
-24%
Median Rent $976 / month
24% less expensive than Vancouver
Population 2,177
-17%
Median Rent $1,074 / month
17% less expensive than Vancouver
Population 5,633
-15%
Median Rent $1,090 / month
15% less expensive than Vancouver
Population 1,116
-15%
Median Rent $1,102 / month
15% less expensive than Vancouver
Population 2,272
-14%
Median Rent $1,114 / month
14% less expensive than Vancouver
Population 4,360
-13%
Median Rent $1,118 / month
13% less expensive than Vancouver
Population 3,829
-12%
Median Rent $1,140 / month
12% less expensive than Vancouver
Is This the Right Place for You? Local Insights Report
  • Uncover the key details before you move
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  • Compare neighborhoods side by side
Local Insights Report