Cheap Apartments for Rent in Colwood, BC from $300 (32 Rentals)

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

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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2780 Spencer Road
$350 - $799Studio to 2 Bedroom Apartments

2780 Spencer Road

2780 Spencer RdVictoria, BC V9B 4C9
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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
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Monarch Apartments
$1,575 - $2,585Studio to 2 Bedroom Apartments

Monarch Apartments

3554 Ryder Hesjedal WayVictoria, BC V9C 0N9
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Orono Place Apartments
$1,600 - $2,340Studio to 2 Bedroom Apartments

Orono Place Apartments

852-860 Orono AveLangford, BC V9B 3Y2
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Hockley Apartments
$1,684 - $2,6491 to 3 Bedroom Apartments

Hockley Apartments

790 Hockley AveLangford, BC V9B 3V5
  • Smoke Free

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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The Arc
$1,684 - $2,4251 to 3 Bedroom Apartments

The Arc

2849 Bryn Maur RdVictoria, BC V9B 0Z7
  • Smoke Free
property at 2626 Cook St

$1,695

1 Bedroom Rentals

Available Now

2626 Cook St

VictoriaBCV8T 3S1
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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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Peatt Commons East
$1,741 - $2,154Studio to 3 Bedroom Apartments

Peatt Commons East

821 Hockley AvVictoria, BC V9B 0Z9
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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
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Hockley Corners
$1,765 - $1,9161 to 2 Bedroom Apartments

Hockley Corners

765 Hockley AveLangford, BC V9B 2V5
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Royal Bay Apartments
$1,900 - $3,400Studio to 3 Bedroom Apartments

Royal Bay Apartments

3621 Producers WayVictoria, BC V9C 0N9

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Hedstrom House
$1,925 - $2,1991 to 3 Bedroom Apartments

Hedstrom House

1060 Goldstream AveLangford, BC V9B 4G4
  • Utilities Included
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Sentinel Apartments
$1,9401 to 2 Bedroom Apartments

Sentinel Apartments

625 Constance AveEsquimalt, BC V9A 6N8
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RidgeView Place
$2,0001 to 2 Bedroom Apartments

RidgeView Place

2762-2770 Claude RdLangford, BC V9B 0T5
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Sussex Lodge
$2,000Studio to 2 Bedroom Apartments

Sussex Lodge

1340 Sussex StEsquimalt, BC V9A 4Z8
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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.

Colwood, BC Local Guide

Cheapest Available Colwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Colwood, BC is a 1 Bed unit found at 2780 Spencer Road priced from $350. Monarch Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,575. Here is today’s list of the most affordable Colwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
2780 Spencer RoadBachelor1BR,1BA$350
Monarch Apartments0 Beds, 1 BathsStudio,1BA$1,575
MarakaiA2 - StudioStudio,1BA$1,649
Belmont Place Apartments1 Bedroom, 1 Bath1BR,1BA$1,680
Crossing at BelmontOne Bedroom1BR,1BA$1,745
Bray Park ApartmentsStudio/ 1 BathStudio,1BA$1,900
The Blueprint ResidencesOne Bedroom1BR,1BA$1,910
Hoylake Apartments1 Bed 1 Bath E1BR,1BA$1,925
The Overlook1 Bedrooms1BR,1BA$1,975
OVIS OneG1BR,1BA$2,000

Best Value Apartments for Rent in Colwood, BC and Nearby

As of June 22, 2026 the best value apartment in the Colwood area is the $0.04 price per square foot Bachelor Model at 2780 Spencer Road in the starting from $350. The second greatest value Colwood apartment is the A2 Model at OVIS One starting at $2,800 with a $2.72 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.
2780 Spencer RoadBachelor1BR,1BA$0.04
OVIS OneA22BR,2BA$2.72
Christie Point3 Bedroom + 2 Bath3BR,2BA$2.71
Braywood Place Apartments2 Bed/ 2 Bath + Den2BR,2BA$2.82
Colwood CornersD5 - Building 12BR,2BA$3.23
Lancaster2 Beds, 1 Baths2BR,1BA$3.10
The Kentwood1 Bed + Den1BR,2BA$3.14
Hoylake Apartments1 Bed 1 Bath E1BR,1BA$2.95
Belmont Place Apartments1 Bedroom, 1 Bath1BR,1BA$2.79
Crossing at BelmontOne Bedroom1BR,1BA$3.03

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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Quick 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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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 Monarch Apartments listed at $1,575.

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

The lowest price for a Cheap One Bedroom Colwood Apartment is $350 at 2780 Spencer Road.

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 $2,200 at Braywood Place Apartments.

What is the most affordable Colwood Three Bedroom Apartment?

The best deal on a cheap Colwood Three Bedroom Apartment rental is at Christie Point and starts from $2,695.

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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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.

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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.

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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.

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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.