
Cheap Apartments for Rent in Kelowna, BC from $1,100 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Kelowna.


Pandosy Square Apartments

Harvey Heights

The Vibe

500 Asher

1110 Lawson Av

Total Monthly Price
Parkview Valley

The Arborwood

Glenmore Central
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.

The Conservatory

Westrich Bay

Mill Creek Estates

290 Arab Rd

320 Rutland Rd S

720-720 K. L. O. Rd

925 Leon Ave

105 Boppart Ct

660 Cawston Ave
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.

320 Mills Rd

1333 Bertram

Buckland Manor Apartments

630-2B Belgo Rd

1230 Ethel St

Fraser Manor Apartments

Knox Village

Aurora Apartments

Midtown
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.

520 Hollydell Rd

790 Irma Rd

615-615 Rutland Rd N

690-2 San Michelle Rd

372-372 Hartman Rd

1550-1550 Dickson Ave

Okanagan Place 1955

Lindgren Manor

3160-3160 De Montreuil Ct
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.

Missionview Estates
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 | $1,406 | $1,140 | $1,715 |
| Cheap Kelowna 1 Bedroom Apartments | $1,906 | $1,375 | $2,415 |
| Cheap Kelowna 2 Bedroom Apartments | $2,617 | $1,975 | $7,067 |
| Cheap Kelowna 3 Bedroom Apartments | $2,875 | $2,400 | $3,375 |
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. Pandosy Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,375. 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 |
| Pandosy Square Apartments | One Bedroom | 1BR,1BA | $1,375 |
| Harvey Heights | B4 (Studio) | Studio,1BA | $1,425 |
| The Vibe | B2 (Studio/ Jr. 1 Bed / 1 Bath) | 1BR,1BA | $1,499 |
| 1333 Bertram | Studio | Studio,1BA | $1,515 |
| 500 Asher | Ellison | Studio | Studio,1BA | $1,575 |
| Central | 1 Bedroom | 1BR,1BA | $1,615 |
| 1110 Lawson Av | Vaseux | Studio | Studio,1BA | $1,625 |
| The Arborwood | 1 Bed 1 Bath | 1BR,1BA | $1,650 |
| The Conservatory | Conservatory II 1 Bed 1 Bath C | 1BR,1BA | $1,795 |
Best Value Apartments for Rent in Kelowna, BC
As of July 24, 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 Conservatory II 2 Bed 2 Bath C Model at The Conservatory starting at $2,550 with a $2.44 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 | Conservatory II 2 Bed 2 Bath C | 2BR,2BA | $2.44 |
| Glenmore Central | 2 Bed 2 Bath L | 2BR,2BA | $2.56 |
| Westrich Bay | 2 BR 2 BA | 2BR,2BA | $2.88 |
| Mill Creek Estates | 1 BR 1 BA | 1BR,1BA | $2.50 |
| Pandosy Square Apartments | One Bedroom | 1BR,1BA | $1.94 |
| Proxima | 1 Beds, 1 Baths | 1BR,1BA | $2.96 |
| The Vibe | B2 (Studio/ Jr. 1 Bed / 1 Bath) | 1BR,1BA | $2.43 |
| Central | 1 Bedroom | 1BR,1BA | $2.87 |
| The Arborwood | 1 Bed 1 Bath | 1BR,1BA | $3.17 |
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 $1,375 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

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.