It comes as no surprise that Vancouver remains one of the most (if not THE most) expensive places to live in the country. Right now, the average rent for an unfurnished one-bedroom apartment sits at $2,257 per month – which is up $430 from last year. Yikes. But not all areas are renting around that average cost. There are several neighbourhoods in Vancouver offering rent for less, and liv.rent has shared where they’re hiding.
Without further ado, here are some of the cheapest neighbourhoods for rentals in Vancouver right now!
As a whole, the cheapest rent (for unfurnished units) in Metro Vancouver can be found in Abbotsford, Surrey, and Langley, despite the average rent rebound in Surrey (+7.91% from December to January). By contrast, the average rent in New West fell this month (-4.43%), as did Richmond (-5.87%).
In terms of furnished units, Langley saw the most significant month-to-month drop at -17.8%. And in Vancouver, the average cost of a furnished, one-bedroom unit fell by 3.86% – leaving Sunset-Victoria Fraserview and Kerrisdale as two of the most affordable places to rent in the city.
Well, that’s a wrap on some of the cheapest neighbourhoods. If you need some ideas to get started, you can check out these cheaper-than-average rentals in and around the city.
Happy apartment hunting, Vancouver!
Read more in Lifestyle
10 scenic viewpoints in Vancouver to check out this spring
This BC private island has its own dock & uninterrupted ocean views from its estate
Vancouver was just named one of the "most tranquil" cities in the world
Fun-tastic Summer Job: The PNE's hiring over 200 positions with exciting perks
Curiocity In Your Inbox!
Want more? Subscribe to our newsletter for exclusive deals, stories, info & more!Subscribe Now