Richmond · Bridgeport Richmond

2 Bedroom Apartment for Rent in Richmond

$2,300 / month

A 1,000 ft² two-bedroom in Richmond, asking $2,300 a month.

At $2,300 for 1,000 square feet, the asking rent works out to $2.30 per square foot.

That is $400 below the middle of the 212 comparable rentals we are tracking in Richmond, where most ask between $2,300 and $3,000.

The details

Rent$2,300
Bedrooms2
Size1000 ft²
FloorNot stated
ExposureNot stated
LaundryNot stated
ParkingNot stated
Property typeNot stated
AvailableNot stated
AreaRichmond

Ask before you view

The advertisement doesn’t say, and it matters:

  • What floor is it on?
  • Which way does it face?
  • Is parking included or extra?
  • 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 Richmond

Richmond built a dense spine of new towers along the Canada Line, so the stock is young. Pools and gyms are common here rather than exceptional.

TransitCanada Line through Bridgeport, Aberdeen, Lansdowne and Richmond-Brighouse. About 25 minutes to downtown.
Green spaceGarry Point, the West Dyke Trail, Minoru Park and the Fraser River dyke system.

More about renting in Richmond

How this compares

What we’d expect it to ask

$2,488 / month

8 times in ten the answer lands between $2,097 and $2,827. That is the width of what we actually know, measured against listings this model had never seen, not a margin we chose.

Asking $2,300 is 7.6% below it, inside the ±10% this model cannot tell apart, so it is priced about where we’d expect.

High confidence20 two-bedrooms within 1 kmTypically within 7.2%

What moves that number

This block asks less than the rest of the area−$244
1000 ft², larger than most two-bedrooms nearby (typically 870 ft²)+$152

Each line is the difference this one thing makes, holding everything else where it is. They do not add up to the rent.

Location

39 / 100good

17 min on foot to Bridgeport (Canada Line), about 40 min to Waterfront.

How the score breaks down
Walk to SkyTrain17 min walk to Bridgeport (Canada Line), about 1070 m in a straight line17
Transit to downtownAbout 40 min to Waterfront: bus to Bridgeport, then Canada Line straight through15
Town centre2.6 km from the centre of Marpole, the nearest town centre to this address7
More than one lineOnly the Canada Line is within walking distance0
Green space27 min walk to Garden City Lands (57 ha)0

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

$2,300 is $400 below the middle of the 212 two-bedrooms we are tracking in Richmond right now ($2,700). Most of them ask between $2,300 and $3,000.

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

Laundry, parking, air conditioning, the bathroom count and whether the home sits below ground are priced in wherever the advertisement states them. The floor, the view, the light, the condition and the noise are not, and nothing we hold measures them: two identical floor plans, one renovated and one not, get the same estimate from us.

Where an advertisement says nothing, we price it as unsaid rather than as absent. A short ad is not a worse home, and scoring it as one would price the landlord’s writing instead of the flat.

The advertisement doesn’t say, and it matters:

  • What floor is it on?
  • Which way does it face?
  • Is parking included or extra?
  • 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 Richmond

Before you pay anything, read how to spot a rental scam. We record what an advertisement says; we cannot verify who posted it.

Worth reading before you view it

Tenancy law

How BC Sets the Rent Increase Cap, and What It Has Been Each Year

Tenancy law

The BC Tenancy Agreement, Clause by Clause

Money

Co-op Housing in Vancouver: What It Costs, and What You Give Up

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