Cheap Apartments for Rent in Central Okanagan, BC from $1,200 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in Central Okanagan.

property at 3623 Elliott Rd

$1,550 - $2,275

1 To 3 Bedroom Rentals

Available Now

3623 Elliott Rd

West KelownaBCV4T 1P8

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 1229 Richter St

$1,795 - $2,295

1 To 2 Bedroom Rentals

Available Now

1229 Richter St

KelownaBCV1Y 2K8
property at 1488 Bertram St

$1,350 - $2,150

Studio To 1 Bedroom Rentals

Available Now

1488 Bertram St

KelownaBCV1Y0M6

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Parkview Valley
$1,575 - $2,925Studio to 3 Bedroom Apartments

Parkview Valley

2001 Benvoulin CrtKelowna, BC V1W 2C7
  • Utilities Included
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Buckland Manor Apartments
$1,575 - $1,925Studio to 2 Bedroom Apartments

Buckland Manor Apartments

445 Buckland AveKelowna, BC V1Y 5Z3
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 1122 Pearcy Ct

$1,800 - $7,500

2 To 3 Bedroom Rentals

Available Now

1122 Pearcy Ct

KelownaBCV1W 0E7

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Central Okanagan, BC Local Guide

Cheapest Available Central Okanagan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Central Okanagan, BC is a 2 Beds unit found at Vernon City View Apartments priced from $1,325. Harvey Heights has the second lowest priced unit, which is a Studio apartment currently listed from $1,425. Here is today’s list of the most affordable Central Okanagan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vernon City View Apartments2 bedroom2BR,1BA$1,325
Harvey HeightsB4 (Studio)Studio,1BA$1,425
Pandosy Square ApartmentsOne Bedroom1BR,1BA$1,450
Penticton Brunswick Apartments1 Bedroom1BR,1BA$1,500
Lakeview Pointe1 Beds, 1 Baths1BR,1BA$1,550
LavidaStudioStudio,1BA$1,599
THE AMBROSIStudio AStudio,1BA$1,640
Glenmore Central1 Bed Den 1 Bath C1BR,1BA$1,695
The Woods at Willow Park1 BR 1 BA1BR,1BA$1,750
Proxima1 Beds, 1 Baths1BR,1BA$1,795

Best Value Apartments for Rent in Central Okanagan, BC and Nearby

As of January 28, 2026 the best value apartment in the Central Okanagan area is the $2.18 price per square foot 3 Bed Model at Westmin 795 in the starting from $3,325. The second greatest value Central Okanagan apartment is the 3 BR 2 BA Model at Lavida starting at $2,799 with a $2.29 price per square foot . Here is today’s list of the best values for Central Okanagan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Westmin 7953 Bed3BR,2.5BA$2.18
Lavida3 BR 2 BA3BR,2BA$2.29
Glenmore Central2 Bed 2 Bath C2BR,2BA$2.25
Mill Creek Estates2 BR 2 BA2BR,2BA$2.53
The ConservatoryConservatory II 1 Bed 1 Bath B1BR,1BA$2.54
Pandosy Square ApartmentsOne Bedroom1BR,1BA$2.04
The Woods at Willow Park1 BR 1 BA1BR,1BA$2.63
Lakeview Pointe1 Beds, 1 Baths1BR,1BA$2.48
Penticton Brunswick Apartments1 Bedroom1BR,1BA$2.50
Vernon City View Apartments1 bedroom1BR,1BA$2.30

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Central Okanagan, BC Rentals by Map

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Frequently Asked Questions about Cheap Central Okanagan Apartments

What is the Cheapest Studio apartment in Central Okanagan?

Currently the most affordable Cheap Studio Apartment in Central Okanagan is at Harvey Heights listed at $1,425.

How much is rent for a Cheap One Bedroom Central Okanagan Apartment?

The lowest price for a Cheap One Bedroom Central Okanagan Apartment is $1,325 at Vernon City View Apartments.

What is the lowest price for a Cheap Two Bedroom Central Okanagan Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Central Okanagan is starting from $1,325 at Vernon City View Apartments.

What is the most affordable Central Okanagan Three Bedroom Apartment?

The best deal on a cheap Central Okanagan Three Bedroom Apartment rental is at Lakeview Pointe and starts from $2,275.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.