235-235 Husch Rd
KelownaBCV1X 2W8
Cheap Homes for Rent in Central Okanagan, BC from $1,200 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Central Okanagan.
815-2 Martin Ave
KelownaBCV1Y 6V4
320 Mills Rd
KelownaBCV1X 4G8
105 Boppart Ct
KelownaBCV1V 1G4
630-2B Belgo Rd
KelownaBCV1X 3A5
660 Cawston Ave
KelownaBCV1Y 6Z4
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.
1230 Ethel St
KelownaBCV1Y 2W6
630-D Belgo Rd
KelownaBCV1X 3A5
615-615 Rutland Rd N
KelownaBCV1X 0B3
372-372 Hartman Rd
KelownaBCV1X 2N1
520 Hollydell Rd
KelownaBCV1X 1L3
1380-1380 Pridham Ave
KelownaBCV1Y 0P7
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.
Showing Results 1-12, Page 1 of 1
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 | $2,071 | $1,550 | $2,600 |
| Central Okanagan 3 Bedroom Homes for Rent | $2,699 | $1,995 | $3,700 |
| Central Okanagan 4 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
Browse Top Homes for Rent in Central Okanagan
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Central Okanagan, BC Local Guide
- Nearby Cities
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 Marjorie priced from $1,180. The Woods at Willow Park has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here is today’s list of the most affordable Central Okanagan apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Marjorie | Studio C | Studio,1BA | $1,180 |
| The Woods at Willow Park | Studio B | Studio,1BA | $1,300 |
| Penticton Brunswick Apartments | 1 Bedroom | 1BR,1BA | $1,400 |
| Harvey Heights | B4 (Studio) | Studio,1BA | $1,425 |
| The Vibe | B2 (Next-Gen 1 Bed / 1 Bath) | 1BR,1BA | $1,499 |
Best Value Apartments for Rent in Central Okanagan, BC and Nearby
As of June 21, 2026 the best value apartment in the Central Okanagan area is the $2.65 price per square foot The Conservatory 1 Bed 1 Bath I Model at The Conservatory in the starting from $2,295. The second greatest value Central Okanagan apartment is the 1 BR+DEN 1 BA Model at Hilltop Manors II starting at $2,150 with a $2.62 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 Conservatory | The Conservatory 1 Bed 1 Bath I | 1BR,1BA | $2.65 |
| Hilltop Manors II | 1 BR+DEN 1 BA | 1BR,1BA | $2.62 |
| Vernon City View Apartments | 2 bedroom | 2BR,1BA | $2.33 |
| Mill Creek Estates | 1 BR 1 BA | 1BR,1BA | $2.50 |
| The Vibe | B2 (Next-Gen 1 Bed / 1 Bath) | 1BR,1BA | $2.43 |
| Carrington View Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.55 |
| Glenmore Central | 1 Bed 1 Bath A | 1BR,1BA | $2.87 |
| Penticton Brunswick Apartments | 1 Bedroom | 1BR,1BA | $2.33 |
| Carrington Ridge Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.59 |
| Lakeview Pointe | 1 Beds, 1 Baths | 1BR,1BA | $2.86 |
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 Article
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.
Read ArticleQuick 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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Explore Central Okanagan, BC Rentals by Map
See the most popular apartments and homes in Central Okanagan, BC
Frequently Asked Questions about Central Okanagan
What type of rentals are currently available in Central Okanagan?
There are currently 33 Apartments for Rent in Central Okanagan, BC with pricing that ranges from $1,120 to $4,293. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Okanagan ranging from $1,295 to $3,700.
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 $1,295 to $3,700 with an average monthly rent of $2,267.
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
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.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.