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 2026, 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 531
-26%
Median Rent $1,423 / month
26% less expensive than Vancouver
Population 2,675
-26%
Median Rent $1,424 / month
26% less expensive than Vancouver
Population 1,782
-24%
Median Rent $1,466 / month
24% less expensive than Vancouver
Population 2,806
-23%
Median Rent $1,482 / month
23% less expensive than Vancouver
Population 2,246
-16%
Median Rent $1,613 / month
16% less expensive than Vancouver
Population 5,779
-15%
Median Rent $1,621 / month
15% less expensive than Vancouver
Population 1,144
-13%
Median Rent $1,665 / month
13% less expensive than Vancouver
Population 4,485
-11%
Median Rent $1,706 / month
11% less expensive than Vancouver
Population 2,334
-11%
Median Rent $1,713 / month
11% less expensive than Vancouver
Population 5,048
-10%
Median Rent $1,728 / month
10% less expensive than Vancouver
Is This the Right Place for You? Local Insights Report
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Local Insights Report