Surrey · Surrey
1 Bedroom Apartment for Rent in Surrey
$1,600 / month
A 475 ft² one-bedroom in Surrey, asking $1,600 a month. The listing mentions 1st floor, parking included and SkyTrain nearby. It leaves 3 obvious questions unanswered, starting with: are pets allowed?
At $1,600 for 475 square feet, the asking rent works out to $3.37 per square foot.
That is $50 below the middle of the 325 comparable rentals we are tracking in Surrey, where most ask between $1,400 and $1,800.
The details
Highlights
Ask before you view
The advertisement doesn’t say, and it matters:
- Which way does it face?
- Are pets allowed?
- 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.
How this compares
What we’d expect it to ask
$1,547 / month
8 times in ten the answer lands between $1,190 and $1,961. 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 3.4% above it — inside the ±11.4% this model cannot tell apart, so it is priced about where we’d expect.
What moves that number
Each line is the difference this one thing makes, holding everything else where it is. They do not add up to the rent.
Location
10 min on foot to Gateway (Expo Line), about 51 min to Waterfront.
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 $50 below the middle of the 325 one-bedrooms we are tracking in Surrey right now ($1,650). Most of them ask between $1,400 and $1,800.
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.
The advertisement doesn’t say, and it matters:
- Which way does it face?
- Are pets allowed?
- 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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