
Cheap Apartments for Rent near Cowichan Valley, BC from $1,100 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Cowichan Valley.


Neighbour

Drinkwater Place Apartments

Mainstreet Victoria Garden Apartments

Bray Park Apartments

Marakai

Summerhill Place

Belmont Place Apartments

Rutherford Place Apartments
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.

Hudson House

The Spruce

Crossing at Belmont

825 FORT

North Point Apartments

Yello on Yates

Adelaide

Total Monthly Price
University Heights

Aspire
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.

Hoylake Apartments

Queens Garden Apartments

244-244 Selby St

238-238 Selby St

Mainstreet Duncan Apartments

430-430 Stewart Ave

501 Sixth St

Aquarius Apartments

2815 Departure Bay Rd
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.

2629 Millstream Rd

The Meridian

1480-1480 Boundary Crescent

6320 Sentinal Dr

Elmwood Terrace

The Wilson Block

177 Armins Pl

6142 Brickyard Rd

6517 Peregrine Rd
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.

775 Revilo Pl

3333 Smugglers Hill Dr
Cowichan Valley, BC Local Guide
How much does it cost to rent an apartment in Cowichan Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cowichan Valley Studio Apartments | $1,797 | $1,180 | $4,000 |
| Cowichan Valley 1 Bedroom Apartments | $2,219 | $1,400 | $2,910 |
| Cowichan Valley 2 Bedroom Apartments | $2,850 | $1,800 | $3,885 |
| Cowichan Valley 3 Bedroom Apartments | $3,152 | $2,360 | $4,795 |
| Cowichan Valley 4 Bedroom Apartments | $2,053 | $1,300 | $3,650 |
Browse Top Apartments in Cowichan Valley
See all Apartments in Cowichan ValleyExplore Cowichan Valley
Cowichan Valley, BC Local Guide
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Cheapest Available Cowichan Valley Apartments for Rent and Nearby
 The cheapest available apartment rental in Cowichan Valley, BC is a 4 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Neighbour | D1 | 4BR,3BA | $1,300 |
| Drinkwater Place Apartments | Studio/ 1 Bath | Studio,1BA | $1,500 |
| Mainstreet Duncan Apartments | 1 Bedroom | 1BR,1BA | $1,550 |
| Bray Park Apartments | Studio/ 1 Bath | Studio,1BA | $1,584 |
| Marakai | A1 - Studio | Studio,1BA | $1,649 |
| Belmont Place Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $1,680 |
| Rutherford Place Apartments | Open Plan One Bedroom | Studio,1BA | $1,690 |
| Hudson House | A2 - Studio | Studio,1BA | $1,695 |
| Elmwood Terrace | 1 bed plus den | 1BR,1BA | $1,700 |
| Aquarius Apartments | 1 BR + 1 BA | 1BR,1BA | $1,700 |
Best Value Apartments for Rent in Cowichan Valley, BC and Nearby
As of July 22, 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 Two Bedroom Two Bathroom Plus Den Model at West Summit starting at $3,300 with a $2.83 price per square foot . Here is today’s list of the best values for Cowichan Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wadams Farm | Townhouse - Type C | 3BR,3BA | $2.24 |
| West Summit | Two Bedroom Two Bathroom Plus Den | 2BR,2BA | $2.83 |
| OVIS One | A2 | 2BR,2BA | $2.72 |
| Christie Point | 3 Bedroom + 2 Bath | 3BR,2BA | $2.71 |
| Braywood Place Apartments | 2 Bed/ 2 Bath | 2BR,2BA | $2.52 |
| The Vue | 2 Bedrooms + 2 Bathrooms | 2BR,2BA | $2.72 |
| The Wilson Block | Studio | Studio ,1BA | $2.37 |
| Elmwood Terrace | 1 Bed 1 Bath | 1BR,1BA | $2.79 |
| Belmont Place Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $2.79 |
| Mainstreet Duncan Apartments | 1 Bedroom | 1BR,1BA | $2.67 |
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 ArticleReal 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Cowichan Valley, BC Rentals by Map
See the most popular apartments and homes in Cowichan Valley, BC
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 $1,550 at Mainstreet Duncan 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 $1,895 at Queens Garden 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 Drinkwater Place Apartments and starts from $2,400.
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

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.

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.

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.