Cheapest Neighborhoods in Vancouver

All 24 neighborhoods in Vancouver ranked by cost of living index. Updated 2026.

Cheapest Rent
$1,512/mo
City Avg Rent
$2,100/mo
Neighborhoods
24

Cheapest Neighborhoods in Vancouver — Full Rankings

# Neighborhood 1BR Rent Index vs Avg
1 Surrey $1,512/mo 0.72x -28%
2 New Westminster $1,575/mo 0.75x -25%
3 Collingwood $1,638/mo 0.78x -22%
4 Coquitlam $1,638/mo 0.78x -22%
5 Hastings-Sunrise $1,680/mo 0.80x -20%
6 Port Moody $1,680/mo 0.80x -20%
7 Burnaby $1,722/mo 0.82x -18%
8 Richmond $1,785/mo 0.85x -15%
9 Marpole $1,785/mo 0.85x -15%
10 East Van $1,848/mo 0.88x -12%
11 North Vancouver $1,932/mo 0.92x -8%
12 Commercial Drive $1,995/mo 0.95x -5%
13 Main Street $2,058/mo 0.98x -2%
14 Mount Pleasant $2,205/mo 1.05x +5%
15 Dunbar $2,205/mo 1.05x +5%
16 Kerrisdale $2,268/mo 1.08x +8%
17 West End $2,310/mo 1.10x +10%
18 Gastown $2,352/mo 1.12x +12%
19 False Creek $2,352/mo 1.12x +12%
20 Kitsilano $2,415/mo 1.15x +15%
21 Point Grey $2,415/mo 1.15x +15%
22 Coal Harbour $2,562/mo 1.22x +22%
23 Yaletown $2,625/mo 1.25x +25%
24 West Vancouver $2,730/mo 1.30x +30%

Rent estimates based on city average of $2,100/mo adjusted by neighborhood cost index. Index 1.00 = city average.

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Frequently Asked Questions

What is the cheapest neighborhood in Vancouver?

The cheapest neighborhood in Vancouver is Surrey, with an estimated 1-bedroom rent of $1,512/month — 28% below the city average.

What is the average rent in Vancouver?

The average 1-bedroom rent in Vancouver is approximately $2,100/month. Rents range from $1,512/mo (Surrey) to $2,730/mo (West Vancouver).

How many neighborhoods does Vancouver have?

Our database covers 24 neighborhoods in Vancouver, each with detailed cost-of-living and salary data.

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