Cheap Apartments for Rent in Central Okanagan, BC from $1,200 (29 Rentals)

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

property at 802 Academy Way

802 Academy Way

KelownaBCV1V 0C4
property at 2160 Mayer Rd

2160 Mayer Rd

KelownaBCV1W 0H1

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.

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property at 3623 Elliott Rd

3623 Elliott Rd

West KelownaBCV4T 1P8
property at 1282 Bentien Rd

1282 Bentien Rd

KelownaBCV1X 6R8
property at 416 Royal Ave

416 Royal Ave

KelownaBCV1Y 5L3

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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property at 1488 Bertram St

1488 Bertram St

KelownaBCV1Y 0M6
property at 320 Mills Rd

320 Mills Rd

KelownaBCV1X 4G8

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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Parkview Valley
$1,525 - $3,025Studio to 3 Bedroom Apartments

Parkview Valley

2001 Benvoulin CrtKelowna, BC V1W 2C7
  • Utilities Included
  • Smoke Free
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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.

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Showing Results 1-29, Page 1 of 1

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 Studio unit found at The Woods at Willow Park priced from $1,200. Vernon City View Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. Here is today’s list of the most affordable Central Okanagan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Woods at Willow ParkStudio BStudio,1BA$1,200
Vernon City View Apartments1 bedroom1BR,1BA$1,325
The ArborwoodStudioStudio,1BA$1,400
LavidaStudioStudio,1BA$1,449
Pandosy Square ApartmentsOne Bedroom1BR,1BA$1,450
Lakeview Pointe1 Beds, 1 Baths1BR,1BA$1,490
Penticton Brunswick Apartments1 Bedroom1BR,1BA$1,500
THE AMBROSIStudio AStudio,1BA$1,640
Proxima1 Beds, 1 Baths1BR,1BA$1,850
The ConservatoryThe Conservatory 1 Bed 1 Bath J1BR,1BA$2,030

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

As of December 12, 2025 the best value apartment in the Central Okanagan area is the $1.97 price per square foot 3 Bed Model at Westmin 795 in the starting from $2,995. The second greatest value Central Okanagan apartment is the 2 BR 2 BA Model at Mill Creek Estates starting at $2,400 with a $2.53 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$1.97
Mill Creek Estates2 BR 2 BA2BR,2BA$2.53
The ConservatoryThe Conservatory 1 Bed 1 Bath J1BR,1BA$2.28
Glenmore Central2 Bed 2 Bath D2BR,2BA$2.45
Kovo2 BR2BR,2BA$2.72
Pandosy Square ApartmentsOne Bedroom1BR,1BA$2.04
Proxima1 Beds, 1 Baths1BR,1BA$2.89
Lakeview Pointe1 Beds, 1 Baths1BR,1BA$2.47
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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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 The Woods at Willow Park listed at $1,200.

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 $1,500 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 $2,285.

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

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.