Cheap Apartments for Rent in Kelowna, BC from $1,200 (42 Rentals)

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

property at 2160 Mayer Rd

2160 Mayer Rd

KelownaBCV1W 0H1
property at 802 Academy Way

802 Academy Way

KelownaBCV1V 0C4
property at 1282 Bentien Rd

1282 Bentien Rd

KelownaBCV1X 6R8

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.

property at 416 Royal Ave

416 Royal Ave

KelownaBCV1Y 5L3

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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Aurora Apartments
$1,457 - $1,7291 to 3 Bedroom Apartments

Aurora Apartments

220 Aurora CresKelowna, BC V1X 0B7
  • Utilities Included
property at 1488 Bertram St

1488 Bertram St

KelownaBCV1Y 0M6

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.

property at 320 Mills Rd

320 Mills Rd

KelownaBCV1X 4G8
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Parkview Valley
$1,525 - $3,025Studio to 3 Bedroom Apartments

Parkview Valley

2001 Benvoulin CrtKelowna, BC V1W 2C7
  • Utilities Included
  • Smoke Free
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Buckland Manor Apartments
$1,575 - $1,925Studio to 2 Bedroom Apartments

Buckland Manor Apartments

445 Buckland AveKelowna, BC V1Y 5Z3
  • Utilities Included
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Knox Village
$1,675 - $2,449Studio to 3 Bedroom Apartments

Knox Village

1450 Cara Glen CrtKelowna, BC V1V 0H9
  • Utilities Included

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.

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Lindgren Manor
$1,698 - $2,3181 to 3 Bedroom Apartments

Lindgren Manor

420 Valley RoadKelowna, BC V1V 2E5
  • Smoke Free
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Okanagan Place 1955
$1,7252 Bedroom Apartments

Okanagan Place 1955

1955 Pacific CrtKelowna, BC V1Y 8B3
  • Utilities Included
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Trio
$1,741 - $1,771Studio to 2 Bedroom Apartments

Trio

333-337 Drysdale BlvdKelowna, BC V1V 0E6
  • Utilities Included
property at 1471 St Paul St

1471 St Paul St

KelownaBCV1Y 2E6
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Missionview Estates
$1,8002 Bedroom Apartments

Missionview Estates

1051-1069 K.L.O RdKelowna, BC V1Y 4X6
  • Utilities Included
  • Smoke Free

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 Woods at Willow Park priced from $1,200. Lavida has the second lowest priced unit, which is a Studio apartment currently listed from $1,385. Here is today’s list of the most affordable Kelowna apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Woods at Willow ParkStudio BStudio,1BA$1,200
LavidaStudioStudio,1BA$1,385
The ArborwoodStudioStudio,1BA$1,400
Pandosy Square ApartmentsOne Bedroom1BR,1BA$1,450
Glenmore Central1 Bed 1 Bath A1BR,1BA$1,625
THE AMBROSIStudio AStudio,1BA$1,625
Kovo1 BR1BR,1BA$1,775
Proxima1 Beds, 1 Baths1BR,1BA$1,850
The ConservatoryThe Conservatory 1 Bed 1 Bath J1BR,1BA$2,030
Lake Country Lofts2 Beds, 2 Baths2BR,2BA$2,120

Best Value Apartments for Rent in Kelowna, BC

As of December 09, 2025 the best value apartment in the Kelowna area is the $2.69 price per square foot 2 BR + Flex + 2.5 BR Model at Ledge on Lakeshore in the starting from $4,038. The second greatest value Kelowna apartment is the 2 Beds, 2 Baths Model at Lake Country Lofts starting at $2,120 with a $2.02 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.
Ledge on Lakeshore2 BR + Flex + 2.5 BR2BR,2.5BA$2.69
Lake Country Lofts2 Beds, 2 Baths2BR,2BA$2.02
Mill Creek Estates2 BR 2 BA2BR,2BA$2.53
The ConservatoryThe Conservatory 1 Bed 1 Bath J1BR,1BA$2.28
Pandosy Square ApartmentsOne Bedroom1BR,1BA$2.04
Proxima1 Beds, 1 Baths1BR,1BA$2.89
Glenmore Central1 Bed 1 Bath A1BR,1BA$2.66
Kovo1 BR1BR,1BA$2.94
The ArborwoodStudioStudio ,1BA$3.62
LavidaStudioStudio ,1BA$3.63

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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 Kelowna Apartments

What is the Cheapest Studio apartment in Kelowna?

Currently the most affordable Cheap Studio Apartment in Kelowna is at The Woods at Willow Park listed at $1,200.

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

The lowest price for a Cheap One Bedroom Kelowna Apartment is $1,450 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 $1,900 at Pandosy Square Apartments.

What is the most affordable Kelowna Three Bedroom Apartment?

The best deal on a cheap Kelowna Three Bedroom Apartment rental is at The Arborwood and starts from $2,550.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.