
Cheap Apartments for Rent in Kelowna, BC from $1,300 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Kelowna.


Pandosy Square Apartments

The Vibe

500 Asher

Total Monthly Price
Parkview Valley

1110 Lawson Av

The Arborwood

THE AMBROSI
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.

Glenmore Central

Westrich Bay

Mill Creek Estates

Proxima

Proxima Kelowna Apartments

320 Rutland Rd S

235-235 Husch Rd

925 Leon Ave
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.

720-720 K. L. O. Rd

Aurora Apartments

315 Prior Rd S

320 Mills Rd

105 Boppart Ct

1291 Kelglen Crescent

Buckland Manor Apartments

630-2B Belgo Rd
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.

Fraser Manor Apartments

660 Cawston Ave

1230 Ethel St

Midtown

630-D Belgo Rd

539 Yates Rd

615-615 Rutland Rd N

Okanagan Place 1955
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.

598-598 Sutherland Ave

Lindgren Manor

Trio

Knox Village

Missionview Estates

1488 Bertram St

Lake Country Lofts Apartments

9509 Winview Rd
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.
Kelowna, BC Local Guide
How much does it cost to rent an apartment in Kelowna?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Kelowna Studio Apartments | $1,468 | $1,300 | $1,750 |
| Cheap Kelowna 1 Bedroom Apartments | $1,950 | $1,475 | $2,425 |
| Cheap Kelowna 2 Bedroom Apartments | $2,498 | $1,975 | $4,333 |
| Cheap Kelowna 3 Bedroom Apartments | $2,912 | $2,499 | $3,500 |
Browse Top Apartments in Kelowna
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Kelowna, BC Local Guide
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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 $1,300. Harvey Heights has the second lowest priced unit, which is a Studio apartment currently listed from $1,425. Here is today’s list of the most affordable Kelowna apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Woods at Willow Park | Studio B | Studio,1BA | $1,300 |
| Harvey Heights | B4 (Studio) | Studio,1BA | $1,425 |
| The Vibe | B2 (Next-Gen 1 Bed / 1 Bath) | 1BR,1BA | $1,499 |
| 500 Asher | Ellison | Studio | Studio,1BA | $1,575 |
| 1110 Lawson Av | Vaseux | Studio | Studio,1BA | $1,625 |
| The Arborwood | 1 Bed 1 Bath | 1BR,1BA | $1,650 |
| THE AMBROSI | Studio A | Studio,1BA | $1,675 |
| Lake Country Lofts Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,685 |
| Glenmore Central | Bachelor A | Studio,1BA | $1,750 |
| Central | 1 Bedroom | 1BR,1BA | $1,750 |
Best Value Apartments for Rent in Kelowna, BC
As of June 10, 2026 the best value apartment in the Kelowna area is the $2.01 price per square foot 2 Beds, 2 Baths Model at Lake Country Lofts Apartments in the starting from $2,110. The second greatest value Kelowna apartment is the The Conservatory 1 Bed 1 Bath I Model at The Conservatory starting at $2,295 with a $2.65 price per square foot . Here is today’s list of the best values for Kelowna apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lake Country Lofts Apartments | 2 Beds, 2 Baths | 2BR,2BA | $2.01 |
| The Conservatory | The Conservatory 1 Bed 1 Bath I | 1BR,1BA | $2.65 |
| Mill Creek Estates | 1 BR 1 BA | 1BR,1BA | $2.50 |
| Proxima | 1 Beds, 1 Baths | 1BR,1BA | $2.93 |
| The Vibe | B2 (Next-Gen 1 Bed / 1 Bath) | 1BR,1BA | $2.43 |
| KOVO | 1 BR | 1BR,1BA | $3.53 |
| The Arborwood | 1 Bed 1 Bath | 1BR,1BA | $3.17 |
| Central | 1 Bedroom | 1BR,1BA | $3.53 |
| Glenmore Central | Bachelor A | Studio ,1BA | $3.68 |
| THE AMBROSI | Studio A | Studio ,1BA | $4.03 |
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 Kelowna, BC Rentals by Map
See the most popular apartments and homes in Kelowna, BC
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 $1,300.
How much is rent for a Cheap One Bedroom Kelowna Apartment?
The lowest price for a Cheap One Bedroom Kelowna Apartment is $1,499 at The Vibe.
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 The Vibe and starts from $2,499.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.