Cheap Apartments for Rent near Central Okanagan, BC from $1,100 (38 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Parkview Valley
Rent Specials
$1,649 - $2,775
Total Monthly Price

Total Monthly Price

Base Rent
$1,649 - $2,775
Total Monthly Price
$1,649 - $2,775
Studio to 3 Bedroom Apartments Available Now

Parkview Valley

2001 Benvoulin CrtKelowna, BC V1W 2C7
Family Friendly
  • Verified
  • Utilities Included
  • 3D Tour

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Penticton Brunswick Apartments
$1,100 - $1,550Studio to 2 Bedroom Apartments

Penticton Brunswick Apartments

144 Brunswick StPenticton, BC V2A 5P7
  • Utilities Included
  • Smoke Free
property at 925 Leon Ave

$1,400

Studio Rentals

Available Now

925 Leon Ave

KelownaBCV1Y 0E9
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Buckland Manor Apartments
$1,475 - $1,925Studio to 2 Bedroom Apartments

Buckland Manor Apartments

445 Buckland AveKelowna, BC V1Y 5Z3
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 790 Irma Rd

$1,475

2 Bedroom Rentals

Available Now

790 Irma Rd

KelownaBCV1X 3Z7
property at 1230 Ethel St

$1,525

2 Bedroom Rentals

Available Now

1230 Ethel St

KelownaBCV1Y 2W6
property at 315 Hardie Rd

$1,750

2 Bedroom Rentals

Available Now

315 Hardie Rd

KelownaBCV1X 2G9

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 210 Dell Rd

$1,800 - $2,600

2 To 3 Bedroom Rentals

Available Sep 1

210 Dell Rd

KelownaBCV1X 3P4
Showing Results 1-38, 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 Penticton Brunswick Apartments priced from $1,100. The Marjorie has the second lowest priced unit, which is a Studio apartment currently listed from $1,208. Here is today’s list of the most affordable Central Okanagan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Penticton Brunswick ApartmentsBachelorStudio,1BA$1,100
The MarjorieStudio AStudio,1BA$1,208
The Woods at Willow ParkStudio BStudio,1BA$1,300
LavidaStudio - A2 - BF - Building BStudio,1BA$1,369
Pandosy Square ApartmentsOne Bedroom1BR,1BA$1,375
Harvey HeightsB4 (Studio)Studio,1BA$1,425
Carrington Ridge Apartments1 Beds, 1 Baths1BR,1BA$1,455
Carrington View Apartments1 Beds, 1 Baths1BR,1BA$1,515
Lakeview Pointe1 Beds, 1 Baths1BR,1BA$1,520
The VibeB2 (Studio/ Jr. 1 Bed / 1 Bath)1BR,1BA$1,549

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

As of August 09, 2026 the best value apartment in the Central Okanagan area is the $2.60 price per square foot E1 (3 Bed / 2 Bath ) Model at The Vibe in the starting from $3,075. The second greatest value Central Okanagan apartment is the Conservatory II 2 Bed 2 Bath C Model at The Conservatory starting at $2,550 with a $2.44 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.
The VibeE1 (3 Bed / 2 Bath )3BR,2BA$2.60
The ConservatoryConservatory II 2 Bed 2 Bath C2BR,2BA$2.44
Vernon City View Apartments2 bedroom2BR,1BA$2.14
Hilltop Manors II1 BR 1 BA1BR,1BA$2.50
Mill Creek Estates1 BR 1 BA1BR,1BA$2.50
Pandosy Square ApartmentsOne Bedroom1BR,1BA$1.94
Carrington View Apartments1 Beds, 1 Baths1BR,1BA$2.47
Lakeview Pointe1 Beds, 1 Baths1BR,1BA$2.52
Carrington Ridge Apartments1 Beds, 1 Baths1BR,1BA$2.45
Penticton Brunswick ApartmentsBachelorStudio ,1BA$2.75

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 Penticton Brunswick Apartments listed at $1,100.

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

The lowest price for a Cheap One Bedroom Central Okanagan Apartment is $1,375 at Pandosy Square 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 $1,650 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 $2,295.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.