Cheap Apartments for Rent in Colwood, BC from $300 (40 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

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

2780 Spencer Road

2780 Spencer RdVictoria, BC V9B 4C9
close
View Me
Nelson Lodge
$1,400 - $1,650Studio to 2 Bedroom Apartments

Nelson Lodge

1337 Saunders StVictoria, BC V9A 4Y3
close
View Me
The Arc
$1,499 - $2,2301 to 3 Bedroom Apartments

The Arc

2849 Bryn Maur RdVictoria, BC V9B 0Z7
  • Smoke Free
close
View Me
Tanhill Flats
$1,500 - $2,200Studio to 3 Bedroom Apartments

Tanhill Flats

906 Brock AveVictoria, BC V9B 0B6
  • Smoke Free
close
View Me
Peatt Commons East
$1,563 - $2,199Studio to 3 Bedroom Apartments

Peatt Commons East

821 Hockley AvVictoria, BC V9B 0Z9
  • Smoke Free
close
View Me
Monarch Apartments
$1,575 - $1,915Studio to 2 Bedroom Apartments

Monarch Apartments

3554 Ryder Hesjedal WayVictoria, BC V9C 0N9

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.

close
View Me
Orono Place Apartments
$1,600 - $2,340Studio to 2 Bedroom Apartments

Orono Place Apartments

852-860 Orono AveLangford, BC V9B 3Y2
property at 4104 Delmar Av

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom, 1 Bath Home for Rent

Available Jun 1

4104 Delmar Av

VictoriaBCV8Z 5J6
property at 841 Kindersley Rd

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

1 Bedroom, 1 Bath Condo for Rent

Available Jun 1

841 Kindersley Rd

VictoriaBCV9A 4M9
property at 1640 Kisber Av

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Home for Rent

Available Now

1640 Kisber Av

VictoriaBCV8P 2W6
close
View Me
Hockley Corners
$1,719 - $2,1311 to 2 Bedroom Apartments

Hockley Corners

765 Hockley AveLangford, BC V9B 2V5
  • Smoke Free
close
View Me
Hedstrom House
$1,775 - $1,9991 to 3 Bedroom Apartments

Hedstrom House

1060 Goldstream AveLangford, BC V9B 4G4
  • Utilities Included

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.

close
View Me
Hockley Apartments
$1,780 - $2,2991 to 2 Bedroom Apartments

Hockley Apartments

790 Hockley AveLangford, BC V9B 3V5
  • Smoke Free
property at 2626 Cook St

$1,795 - $1,850

1 Bedroom Rentals

Available Now

2626 Cook St

VictoriaBCV8T 3S1
close
View Me
Sentinel Apartments
$1,9401 to 2 Bedroom Apartments

Sentinel Apartments

625 Constance AveEsquimalt, BC V9A 6N8

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.

close
View Me
Sussex Lodge
$2,000Studio to 2 Bedroom Apartments

Sussex Lodge

1340 Sussex StEsquimalt, BC V9A 4Z8
  • Utilities Included
close
View Me
RidgeView Place
$2,0001 to 2 Bedroom Apartments

RidgeView Place

2762-2770 Claude RdLangford, BC V9B 0T5
property at 67 Boyd St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 1 Bath Home for Rent

Available Now

67 Boyd St

VictoriaBCV8V 2C8

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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. Peatt Commons East has the second lowest priced unit, which is a Studio apartment currently listed from $1,563. Here is today’s list of the most affordable Colwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
2780 Spencer RoadBachelor1BR,1BA$350
Peatt Commons EastStudio + DenStudio,1BA$1,563
Monarch Apartments0 Beds, 1 BathsStudio,1BA$1,575
MarakaiA2 - StudioStudio,1BA$1,649
Belmont Place Apartments1 Bedroom, 1 Bath1BR,1BA$1,680
Hoylake ApartmentsBachelor AStudio,1BA$1,695
Crossing at BelmontOne Bedroom1BR,1BA$1,725
Colwood CornersA - Building 1Studio,1BA$1,775
Hockley Apartments1 Bedroom + Den1BR,1BA$1,780
Bray Park Apartments1 Bed/ 1 Bath1BR,1BA$1,800

Best Value Apartments for Rent in Colwood, BC and Nearby

As of May 07, 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
Braywood Place Apartments2 Bed/ 2 Bath + Den2BR,2BA$2.82
The Vue2 Bedrooms + 2 Bathrooms2BR,2BA$2.83
Woodland PlaceH2BR,2BA$2.84
Christie Point2 Bedroom +1 Bath2BR,1BA$2.85
The Arc2 Bedroom2BR,1BA$2.88
Hockley Apartments1 Bedroom + Den1BR,1BA$2.79
Belmont Place Apartments1 Bedroom, 1 Bath1BR,1BA$2.79
Peatt Commons EastStudio + DenStudio ,1BA$2.77

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
Decorative image

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 Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Colwood, BC Rentals by Map

View Map
Colwood, BC Apartments Map
View Map
Colwood, BC Rental Homes Map

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 Peatt Commons East listed at $1,563.

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 $2,012 at The Arc.

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 $2,885.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.