
Cheap Homes for Rent near Central Okanagan, BC from $1,400 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Central Okanagan.


1414 Black Mountain Cres

630-2B Belgo Rd

1274-1274 Devonshire Ave

790 Irma Rd

1230 Ethel St

2433 Sexsmith Rd
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.

727-727 Houghton Rd

615-615 Rutland Rd N

345-345 Dougall Rd N

372-372 Hartman Rd

315 Hardie Rd

210 Dell Rd

1036 Coronation Ave
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.
Central Okanagan, BC Local Guide
How much does it cost to rent a home in Central Okanagan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Okanagan 2 Bedroom Homes for Rent | $1,949 | $1,425 | $2,650 |
| Central Okanagan 3 Bedroom Homes for Rent | $2,795 | $2,000 | $3,390 |
| Central Okanagan 4 Bedroom Homes for Rent | $2,600 | $2,400 | $2,800 |
Browse Top Homes for Rent in Central Okanagan
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Central Okanagan, BC Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Penticton Brunswick Apartments | Bachelor | Studio,1BA | $1,100 |
| The Marjorie | Studio A | Studio,1BA | $1,208 |
| The Woods at Willow Park | Studio B | Studio,1BA | $1,300 |
| Lavida | Studio - A2 - BF - Building B | Studio,1BA | $1,369 |
| Pandosy Square Apartments | One Bedroom | 1BR,1BA | $1,375 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Vibe | E1 (3 Bed / 2 Bath ) | 3BR,2BA | $2.60 |
| The Conservatory | Conservatory II 2 Bed 2 Bath C | 2BR,2BA | $2.44 |
| Vernon City View Apartments | 2 bedroom | 2BR,1BA | $2.14 |
| Hilltop Manors II | 1 BR 1 BA | 1BR,1BA | $2.50 |
| Mill Creek Estates | 1 BR 1 BA | 1BR,1BA | $2.50 |
| Pandosy Square Apartments | One Bedroom | 1BR,1BA | $1.94 |
| Carrington View Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.47 |
| Lakeview Pointe | 1 Beds, 1 Baths | 1BR,1BA | $2.52 |
| Carrington Ridge Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.45 |
| Penticton Brunswick Apartments | Bachelor | Studio ,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.
Read ArticleReal 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!
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Frequently Asked Questions about Central Okanagan
What type of rentals are currently available in Central Okanagan?
There are currently 35 Apartments for Rent in Central Okanagan, BC with pricing that ranges from $1,250 to $6,750. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Okanagan ranging from $1,400 to $3,390.
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 $1,400 to $3,390 with an average monthly rent of $2,101.
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

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.

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.

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.

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.