Cheap Apartments for Rent in Cowichan Valley, BC from $1,300 (36 Rentals)

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

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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The Shelley (Old)
$1,750 - $1,950
Total Monthly Price

Total Monthly Price

Base Rent
$1,750 - $1,950
Total Monthly Price
$1,750 - $1,950
Studio to 2 Bedroom Apartments Available Now

The Shelley (Old)

3949 Shelbourne StVictoria, BC V8P 0A9
Student Housing
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University Heights
Rent Specials
$1,850 - $4,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,850 - $4,200
Total Monthly Price
$1,850 - $4,200
Studio to 3 Bedroom Apartments Available Now

University Heights

3980 Shelbourne StVictoria, BC V8N 6J1
Student Housing
  • Verified
  • 3D Tour

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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Mainstreet Duncan Apartments
$1,550 - $1,6501 to 2 Bedroom Apartments

Mainstreet Duncan Apartments

5801 Alderlea StDuncan, BC V9L 3V4
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The James
$1,550 - $3,530Studio to 2 Bedroom Apartments

The James

345 Quebec StVictoria, BC V8V 1W4
property at 501 Sixth St

$1,595

1 Bedroom Rentals

Available Now

501 Sixth St

NanaimoBCV9R 5W6
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Aquarius Apartments
$1,600 - $2,000Studio to 2 Bedroom Apartments

Aquarius Apartments

215 Oswego StVictoria, BC V8V 2B5
  • Utilities Included
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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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The Meridian
$1,695 - $2,5851 to 2 Bedroom Apartments

The Meridian

107 Evans StDuncan, BC V9L 1P5
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Elmwood Terrace
$1,700 - $2,3001 to 2 Bedroom Apartments

Elmwood Terrace

1399 Stanley AveVictoria, BC V8S 3S5
  • Utilities Included
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The Wilson Block
$1,800 - $2,500Studio to 2 Bedroom Apartments

The Wilson Block

536 Herald StVictoria, BC V8W 1S6
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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.

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Showing Results 1-36, Page 1 of 1

Cowichan Valley, BC Local Guide

Cheapest Available Cowichan Valley Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cowichan Valley, BC is a 5 Beds unit found at Neighbour priced from $1,300. Drinkwater Place Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,500. Here is today’s list of the most affordable Cowichan Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
NeighbourE15BR,3BA$1,300
Drinkwater Place ApartmentsStudio/ 1 BathStudio,1BA$1,500
Mainstreet Victoria Garden ApartmentsBachelorStudio,1BA$1,550
Bray Park ApartmentsStudio/ 1 BathStudio,1BA$1,584
MarakaiA2 - StudioStudio,1BA$1,649
Mainstreet Duncan Apartments2 Bedroom2BR,1BA$1,650
Belmont Place Apartments1 Bedroom, 1 Bath1BR,1BA$1,680
Rutherford Place ApartmentsOpen Plan One BedroomStudio,1BA$1,690
Hudson HouseA2 - StudioStudio,1BA$1,725
North Point Apartments1 Beds, 1 Baths1BR,1BA$1,740

Best Value Apartments for Rent in Cowichan Valley, BC and Nearby

As of May 21, 2026 the best value apartment in the Cowichan Valley area is the $2.24 price per square foot Townhouse - Type C Model at Wadams Farm in the starting from $3,100. The second greatest value Cowichan Valley 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 Cowichan Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wadams FarmTownhouse - Type C3BR,3BA$2.24
OVIS OneA22BR,2BA$2.72
The Kentwood2 bed + 2 bath + den2BR,2BA$2.73
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
Mainstreet Duncan Apartments2 Bedroom2BR,1BA$2.20
The Lorraine1 Bed 1 Bath1BR,1BA$3.00
Belmont Place Apartments1 Bedroom, 1 Bath1BR,1BA$2.79

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 Cowichan Valley Apartments

What is the Cheapest Studio apartment in Cowichan Valley?

Currently the most affordable Cheap Studio Apartment in Cowichan Valley is at Drinkwater Place Apartments listed at $1,500.

How much is rent for a Cheap One Bedroom Cowichan Valley Apartment?

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

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

Today's best deal for a Cheap Two Bedroom Apartment in Cowichan Valley is starting from $1,650 at Mainstreet Duncan Apartments.

What is the most affordable Cowichan Valley Three Bedroom Apartment?

The best deal on a cheap Cowichan Valley Three Bedroom Apartment rental is at Neighbour and starts from $1,375.

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.

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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.

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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.

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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.