Surrey · Surrey

2 Bedroom Apartment for Rent in Surrey

$1,600 / month

A 800 ft² two-bedroom apartment in Surrey, asking $1,600 a month. The listing mentions ground floor and in-suite laundry. It leaves 2 obvious questions unanswered, starting with: which way does it face?

At $1,600 for 800 square feet, the asking rent works out to $2.00 per square foot.

That is $400 below the middle of the 559 comparable rentals we are tracking in Surrey, where most ask between $1,750 and $2,350.

The details

Rent$1,600
Bedrooms2
Size800 ft²
FloorNot stated
ExposureNot stated
LaundryIn-suite
ParkingStreet only
Property typeApartment
AvailableNot stated
AreaSurrey

Highlights

Ground floorIn-suite laundry

Ask before you view

The advertisement doesn’t say, and it matters:

  • Which way does it face?
  • When is it available?

Roughly where it is

Approximate — listings rarely give an exact address, so treat this as the block, not the door.

Renting in Surrey

Surrey City Centre has the cheapest new high-rise in Metro Vancouver. A new one-bedroom with a gym and parking here costs what an older walk-up costs in Vancouver.

TransitExpo Line to Surrey Central, Gateway and King George, with the Fraser Highway extension under construction. About an hour to downtown.
Green spaceGreen Timbers Urban Forest, Bear Creek Park, Holland Park and the Serpentine flats.

More about renting in Surrey

How this compares

What we’d expect it to ask

$2,153 / month

8 times in ten the answer lands between $1,602 and $2,865. That is the width of what we actually know, measured against listings this model had never seen — not a margin we chose.

Asking $1,600 is $553 below that — further below than the ±11.8% we can put down to our own error. On size and location alone, it asks less than its neighbours do.

Asks less than we’d expect

Low confidence20 two-bedrooms within 4 kmTypically within 14.3%

Thin or scattered comparables, so this is our roughest tier. Treat it as a bearing, not a valuation.

Location

16 / 100car-dependent

32 min on foot to King George (Expo Line), about 66 min to Waterfront.

Walk to SkyTrain32 min walk to King George (Expo Line), about 2000 m in a straight line2
Transit to downtownAbout 66 min to Waterfront: bus to King George, then Expo Line straight through4
Town centre2.8 km from the centre of Newton — the nearest town centre to this address6
More than one lineOnly the Expo Line is within walking distance0
Green space14 min walk to Bear Creek Park (62 ha)4

Scored from the map pin alone — rapid transit, town centres and parks, in straight lines. It knows nothing about the street, the hill, the building or the neighbours, and buses and the SeaBus are not in it, so places served by those score lower here than they deserve.

Against the ones next to it

$1,600 is $400 below the middle of the 559 two-bedrooms we are tracking in Surrey right now ($2,000). Most of them ask between $1,750 and $2,350.

A straight count of asking prices in the area, with nothing adjusted for — unlike the estimate above, it does not care that this one is bigger or closer to a station.

What the estimate cannot see

Floor, view, condition, noise and everything inside the walls are missing from all but a handful of the advertisements we index, so none of them are priced in above. Two identical floor plans, one renovated and one not, get the same estimate from us.

This one is unusually forthcoming. It does state:

Floor 0ApartmentLaundry: in-suiteParking: street only

Worth reading — but too rare across the feed for us to put a number on.

The advertisement doesn’t say, and it matters:

  • Which way does it face?
  • When is it available?

Estimated from the listings on this site, not a market survey, and from asking rents — what a home is advertised at, not what it lets for.

Similar in Surrey

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