Cheap Homes for Rent in Central Okanagan, BC from C$1,300 (17 Rentals)

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

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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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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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 C$1,200. Buckland Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from C$1,575. 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,1BAC$1,200
Buckland Manor Apartments1 Bedroom/ 1 Bathroom1BR,1BAC$1,575
LavidaStudioStudio,1BAC$1,575
Lakeview Pointe1 Beds, 1 Baths1BR,1BAC$1,600
THE AMBROSIStudio AStudio,1BAC$1,625

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

As of September 06, 2025 the best value apartment in the Central Okanagan area is the C$2.13 price per square foot Shoreway Model at Westmin 795 in the starting from C$3,250. The second greatest value Central Okanagan apartment is the Conservatory II 1 Bed 1 Bath C Model at The Conservatory starting at C$1,950 with a C$2.61 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 795Shoreway3BR,2.5BAC$2.13
The ConservatoryConservatory II 1 Bed 1 Bath C1BR,1BAC$2.61
Kovo2 BR2BR,1BAC$3.41
Buckland Manor Apartments1 Bedroom/ 1 Bathroom1BR,1BAC$2.22
Proxima1 Beds, 1 Baths1BR,1BAC$3.12
Lakeview Pointe1 Beds, 1 Baths1BR,1BAC$2.65
The Arborwood1bds1BR,1BAC$3.31
Glenmore CentralBachelor AStudio ,1BAC$3.66
THE AMBROSIStudio AStudio ,1BAC$3.91
LavidaStudioStudio ,1BAC$4.12

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

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Frequently Asked Questions about Central Okanagan

What type of rentals are currently available in Central Okanagan?

There are currently 25 Apartments for Rent in Central Okanagan, BC with pricing that ranges from C$1,220 to C$8,970. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Okanagan ranging from C$1,350 to C$4,250.

What is the current price range for Rental Homes in Central Okanagan?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Okanagan ranges from C$1,350 to C$4,250 with an average monthly rent of C$2,689.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.