Cheap Apartments for Rent near Colwood, BC from $1,200 (31 Rentals)

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

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Royal Bay Apartments
$1,222 - $3,400Studio to 3 Bedroom Apartments

Royal Bay Apartments

3621 Producers WayVictoria, BC V9C 0N9
  • Utilities Included

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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Nelson Lodge
$1,400 - $1,650Studio to 2 Bedroom Apartments

Nelson Lodge

1337 Saunders StVictoria, BC V9A 4Y3
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Tanhill Flats
$1,500 - $2,200Studio to 3 Bedroom Apartments

Tanhill Flats

906 Brock AveVictoria, BC V9B 0B6
  • Smoke Free
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Vista Del Mar
$1,595 - $2,395Studio to 2 Bedroom Apartments

Vista Del Mar

1378 Lyall StVictoria, BC V9A
  • Utilities Included
property at 2629 Millstream Rd

$1,650 - $2,000

Studio To 1 Bedroom Rentals

Available Now

2629 Millstream Rd

VictoriaBCV9B 7E4
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Orono Place Apartments
$1,680 - $2,340Studio to 2 Bedroom Apartments

Orono Place Apartments

852-860 Orono AveLangford, BC V9B 3Y2

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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Station Street Apartments
$1,700 - $2,550Studio to 2 Bedroom Apartments

Station Street Apartments

2885 Jacklin RdVictoria, BC V9B 3Y3
  • Utilities Included
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Helmcken Meadows Townhomes
$1,750 - $2,6002 to 3 Bedroom Apartments

Helmcken Meadows Townhomes

1360 Pheasant LnVictoria, BC V9B 5R4
  • Utilities Included
  • Smoke Free
property at 1776 Mckenzie Av

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1.5 Bath Home for Rent

Available Now

1776 Mckenzie Av

VictoriaBCV8N 1A7
property at 2883 Constellation Av

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

2883 Constellation Av

VictoriaBCV9B 6Z7
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Monarch Apartments
$1,815 - $2,545Studio to 2 Bedroom Apartments

Monarch Apartments

3554 Ryder Hesjedal WayVictoria, BC V9C 0N9
  • Smoke Free

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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Peatt Commons East
$1,856 - $2,153Studio to 2 Bedroom Apartments

Peatt Commons East

821 Hockley AvVictoria, BC V9B 0Z9
  • Smoke Free
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Hockley Apartments
$1,865 - $2,0621 to 3 Bedroom Apartments

Hockley Apartments

790 Hockley AveLangford, BC V9B 3V5
  • Smoke Free
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Sentinel Apartments
$1,8751 to 2 Bedroom Apartments

Sentinel Apartments

625 Constance AveEsquimalt, BC V9A 6N8
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Hedstrom House
$1,965 - $2,425Studio to 3 Bedroom Apartments

Hedstrom House

1060 Goldstream AveLangford, BC V9B 4G4
  • Utilities Included
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The Arc
$1,975 - $2,0991 to 3 Bedroom Apartments

The Arc

2849 Bryn Maur RdVictoria, BC V9B 0Z7
  • Smoke Free
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RidgeView Place
$2,0001 to 2 Bedroom Apartments

RidgeView Place

2762-2770 Claude RdLangford, BC V9B 0T5

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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Sussex Lodge
$2,000Studio to 2 Bedroom Apartments

Sussex Lodge

1340 Sussex StEsquimalt, BC V9A 4Z8
  • Utilities Included

Colwood, BC Local Guide

Cheapest Available Colwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Colwood, BC is a Studio unit found at Bray Park Apartments priced from $1,584. Belmont Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,680. Here is today’s list of the most affordable Colwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bray Park ApartmentsStudio/ 1 BathStudio,1BA$1,584
Belmont Place Apartments1 Bedroom, 1 Bath1BR,1BA$1,680
MarakaiA1 - StudioStudio,1BA$1,700
Monarch Apartments1 Beds, 1 Baths1BR,1BA$1,815
Sentinel Apartments1 Beds, 1 Baths1BR,1BA$1,875
The Blueprint ResidencesOne Bedroom1BR,1BA$1,920
The Overlook1 Bedrooms1BR,1BA$1,975
Hoylake Apartments1 Bed 1 Bath D1BR,1BA$2,050
The Vue1 Bedroom1BR,1BA$2,099
Nursery Heights1 Beds, 1 Baths1BR,1BA$2,250

Best Value Apartments for Rent in Colwood, BC and Nearby

As of August 16, 2026 the best value apartment in the Colwood area is the $2.72 price per square foot A2 Model at OVIS One in the starting from $2,800. The second greatest value Colwood apartment is the 2 Bed/ 2 Bath Model at Braywood Place Apartments starting at $2,380 with a $2.52 price per square foot . Here is today’s list of the best values for Colwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
OVIS OneA22BR,2BA$2.72
Braywood Place Apartments2 Bed/ 2 Bath2BR,2BA$2.52
Crossing at BelmontTwo Bedroom2BR,2BA$2.77
Woodland PlaceH2BR,2BA$2.84
Sentinel Apartments1 Beds, 1 Baths1BR,1BA$2.64
The Vue1 Bedroom1BR,1BA$3.13
Hoylake Apartments1 Bed 1 Bath D1BR,1BA$3.17
Monarch Apartments1 Beds, 1 Baths1BR,1BA$2.99
Belmont Place Apartments1 Bedroom, 1 Bath1BR,1BA$2.79
Bray Park ApartmentsStudio/ 1 BathStudio ,1BA$2.97

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

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Frequently Asked Questions about Cheap Colwood Apartments

What is the Cheapest Studio apartment in Colwood?

Currently the most affordable Cheap Studio Apartment in Colwood is at Bray Park Apartments listed at $1,584.

How much is rent for a Cheap One Bedroom Colwood Apartment?

The lowest price for a Cheap One Bedroom Colwood Apartment is $1,680 at Belmont Place Apartments.

What is the lowest price for a Cheap Two Bedroom Colwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Colwood is starting from $2,084 at Bray Park Apartments.

What is the most affordable Colwood Three Bedroom Apartment?

The best deal on a cheap Colwood Three Bedroom Apartment rental is at The Blueprint Residences and starts from $2,905.

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

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.