Search on Narcity

These Are The Cheapest Areas In Metro Vancouver To Rent A 1-Bedroom Apartment Right Now

As prices continue to rise, here's where you can find a good deal. 💰

Vancouver Staff Writer
Metro Vancouver.

Metro Vancouver.

If you're looking to rent a one-bedroom apartment in Vancouver right now, you need to know where to look in order to avoid getting hit by rising prices.

According to a September report by liv.rent, average rent prices for unfurnished, one-bedroom units in the area increased by $71 to a whopping $2,247 over the past month, a rise which it credits to the return of students and Canada's rising interest rates.

Luckily, the report also highlights some of the cheapest places to rent — and it shows that it is still possible to get a good deal.

Here are the most affordable areas to rent an unfurnished one-bedroom apartment in Metro Vancouver right now, ranked by average price in descending order.

4. Burnaby

Surprisingly, the average one-bedroom apartment to rent in Burnaby is cheaper to rent furnished than unfurnished.

A furnished one-bedroom pad is currently going for $1,946 per month, whereas an unfurnished place is averaging $2,108 per month, according to liv.rent's report.

3. Coquitlam

Right now, the average unfurnished single-bedroom apartment in Coquitlam is $1,971 per month according to liv.rent, while you'll pay around $2,139 per month if you're looking for something furnished. A trip to IKEA it is!

2. Surrey

Surrey is the second most affordable area of Metro Vancouver for a one-bedroom, unfurnished rental, according to the report.

The average one currently goes for $1,771 per month, which a furnished place will set you back $1,930 on average.

1. Langley

Langley has the cheapest average rent for both furnished and unfinished one-bedroom apartments in the entire Metro Vancouver area.

Currently, the average one-bedroom, unfurnished apartment goes for $1,724 per month and the same type of apartment furnished goes for $1,888.

More from Narcity

Comments 💬

Our comment section is a place to promote self-expression, freedom of speech and positivity. We encourage discussion and debate, but our pages must remain a safe space where everyone feels comfortable and the environment is respectful.

In order to make this possible, we monitor comments to keep spam, hate speech, violence, and vulgarity off our pages. Comments are moderated according to our Community Guidelines.

Please note that Narcity Media does not endorse the opinions expressed in the comment section of an article. Narcity Media has the right to remove comments, ban or suspend any user without notice, or close a story’s comment section at any time.

First and last names will appear with each comment and the use of pseudonyms is prohibited. By commenting, you acknowledge that Narcity Media has the right to use & distribute your content across our properties.

Loading...