Cheap Apartments for Rent in Kelowna, BC from $1,200 (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
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Parkview Valley
Rent Specials
$1,649 - $2,775
Total Monthly Price

Total Monthly Price

Base Rent
$1,649 - $2,775
Total Monthly Price
$1,649 - $2,775
Studio to 3 Bedroom Apartments Available Now

Parkview Valley

2001 Benvoulin CrtKelowna, BC V1W 2C7
Family Friendly
  • Verified
  • Utilities Included
  • 3D Tour

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.

Read Article
property at 290 Arab Rd

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

2 Bedroom, 1 Bath Home for Rent

Available Aug 15

290 Arab Rd

KelownaBCV1V 2G8
property at 925 Leon Ave

$1,400

Studio Rentals

Available Now

925 Leon Ave

KelownaBCV1Y 0E9

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.

Read Article
close
View Me
Buckland Manor Apartments
$1,475 - $1,925Studio to 2 Bedroom Apartments

Buckland Manor Apartments

445 Buckland AveKelowna, BC V1Y 5Z3
  • Utilities Included
property at 790 Irma Rd

$1,475

2 Bedroom Rentals

Available Now

790 Irma Rd

KelownaBCV1X 3Z7
close
View Me
1333 Bertram
$1,515 - $2,600Studio to 2 Bedroom Apartments

1333 Bertram

1333 Bertram StreetKelowna, BC V1Y 2E7
  • Smoke Free
property at 1230 Ethel St

$1,525

2 Bedroom Rentals

Available Now

1230 Ethel St

KelownaBCV1Y 2W6

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.

Read Article
close
View Me
Knox Village
$1,635 - $3,049Studio to 3 Bedroom Apartments

Knox Village

1450 Cara Glen CrtKelowna, BC V1V 0H9
  • Utilities Included
close
View Me
Midtown
$1,650 - $3,075Studio to 3 Bedroom Apartments

Midtown

1960 Underhill StKelowna, BC V1X 0C4
Furnished
  • Smoke Free
close
View Me
Aurora Apartments
$1,685 - $1,9931 to 3 Bedroom Apartments

Aurora Apartments

220 Aurora CresKelowna, BC V1X 0B7
  • Utilities Included

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.

Read Article
close
View Me
Okanagan Place 1955
$1,7252 Bedroom Apartments

Okanagan Place 1955

1955 Pacific CrtKelowna, BC V1Y 8B3
  • Utilities Included
close
View Me
Lindgren Manor
$1,728 - $2,2981 to 3 Bedroom Apartments

Lindgren Manor

420 Valley RoadKelowna, BC V1V 2E5
  • Smoke Free
property at 315 Hardie Rd

$1,750

2 Bedroom Rentals

Available Now

315 Hardie Rd

KelownaBCV1X 2G9
close
View Me
Missionview Estates
$1,8002 Bedroom Apartments

Missionview Estates

1051-1069 K.L.O RdKelowna, BC V1Y 4X6
  • Utilities Included
  • Smoke Free
property at 210 Dell Rd

$1,800 - $2,600

2 To 3 Bedroom Rentals

Available Sep 1

210 Dell Rd

KelownaBCV1X 3P4

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.

Read Article
Showing Results 1-40, Page 1 of 1

Kelowna, BC Local Guide

Cheapest Available Kelowna Apartments for Rent

 

The cheapest available apartment rental in Kelowna, BC is a Studio unit found at The Marjorie priced from $1,208. The Woods at Willow Park has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here is today’s list of the most affordable Kelowna apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The MarjorieStudio AStudio,1BA$1,208
The Woods at Willow ParkStudio BStudio,1BA$1,300
LavidaStudio - A2 - BF - Building BStudio,1BA$1,369
Pandosy Square ApartmentsOne Bedroom1BR,1BA$1,375
Harvey HeightsB4 (Studio)Studio,1BA$1,425
1333 BertramStudioStudio,1BA$1,515
The VibeB2 (Studio/ Jr. 1 Bed / 1 Bath)1BR,1BA$1,549
1110 Lawson AvOsoyoos | StudioStudio,1BA$1,550
Central1 Bedroom1BR,1BA$1,615
The Arborwood1 Bed 1 Bath1BR,1BA$1,650

Best Value Apartments for Rent in Kelowna, BC

As of August 09, 2026 the best value apartment in the Kelowna area is the $2.60 price per square foot E1 (3 Bed / 2 Bath ) Model at The Vibe in the starting from $3,075. The second greatest value Kelowna apartment is the 2 Beds, 2 Baths Model at Lake Country Lofts Apartments starting at $1,995 with a $1.90 price per square foot . Here is today’s list of the best values for Kelowna apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The VibeE1 (3 Bed / 2 Bath )3BR,2BA$2.60
Lake Country Lofts Apartments2 Beds, 2 Baths2BR,2BA$1.90
The ConservatoryConservatory II 2 Bed 2 Bath C2BR,2BA$2.44
Westrich Bay2 BR 2 BA2BR,2BA$2.88
Mill Creek Estates1 BR 1 BA1BR,1BA$2.50
Pandosy Square ApartmentsOne Bedroom1BR,1BA$1.94
Brockton Manor1B1B Upgraded1BR,1BA$2.89
Proxima1 Beds, 1 Baths1BR,1BA$2.96
500 AsherBear Creek | 1 Bed + 1 Bath1BR,1BA$2.93
Central1 Bedroom1BR,1BA$2.87

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 Kelowna, BC Rentals by Map

Decorative image of map

See the most popular apartments and homes in Kelowna, BC

View Map
Kelowna, BC Apartments Map
View Map
Kelowna, BC Rental Homes Map

Frequently Asked Questions about Cheap Kelowna Apartments

What is the Cheapest Studio apartment in Kelowna?

Currently the most affordable Cheap Studio Apartment in Kelowna is at The Marjorie listed at $1,208.

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

The lowest price for a Cheap One Bedroom Kelowna Apartment is $1,375 at Pandosy Square Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Kelowna is starting from $1,975 at Harvey Heights.

What is the most affordable Kelowna Three Bedroom Apartment?

The best deal on a cheap Kelowna Three Bedroom Apartment rental is at Central 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

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.