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$1,252 - $2,600Studio to 2 Bedroom Apartments Available Now
The Woods
235 Hollywood Rd NKelowna, BC V1X 0C3
Cheap Apartments for Rent in Kelowna, BC from $1,200 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Kelowna.
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$1,375 - $1,5251 Bedroom Apartments Available Now
Pandosy Square Apartments
1855 Pandosy StKelowna, BC V1Y 1R8
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$1,425 - $2,750Studio to 3 Bedroom Apartments Available Now
Harvey Heights
802 Saucier AvKelowna, BC V1Y 6A3
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$1,550 - $3,400Studio to 3 Bedroom Apartments Available Now
1110 Lawson Av
1110 Lawson AvKelowna, BC V1Y 6T6
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$1,5991 Bedroom Apartments Available Now
The Vibe
2132 Wilkinson StKelowna, BC V1Y 3Z8
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$1,599 - $2,849
Total Monthly Price
Base Rent$1,599 - $2,849
Total Monthly Price$1,599 - $2,849
Parkview Valley
2001 Benvoulin CrtKelowna, BC V1W 2C7
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$1,625 - $2,790Studio to 3 Bedroom Apartments Available Now
THE AMBROSI
1946 Ambrosi RdKelowna, BC V1Y 4R9
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.
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$1,630 - $2,555Studio to 2 Bedroom Apartments Available Now
Lavida
2165 Benvoulin CrtKelowna, BC V1W 0G9
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$1,650 - $2,450Studio to 3 Bedroom Apartments Available Now
Glenmore Central
724 Valley RdKelowna, BC V1V 0C2
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$1,650 - $2,0991 to 2 Bedroom Apartments Available Now
The Arborwood
155 Bryden RdKelowna, BC V1X 3Y5
345-345 Dougall Rd N
KelownaBCV1X 3K8
697 Belgo Rd
KelownaBCV1X 2Z2
320 Mills Rd
KelownaBCV1X 4G8
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$1,475 - $1,925Studio to 2 Bedroom Apartments
Buckland Manor Apartments
445 Buckland AveKelowna, BC V1Y 5Z3
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.
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$1,515 - $2,600Studio to 2 Bedroom Apartments
1333 Bertram
1333 Bertram StreetKelowna, BC V1Y 2E7
1280-1280 Sutherland Ave
KelownaBCV1Y 5Y3
2433 Sexsmith Rd
KelownaBCV1V 2E9
925 Leon Ave
KelownaBCV1Y 0E5
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$1,600 - $1,7001 to 2 Bedroom Apartments
Fraser Manor Apartments
1922 Pandosy StKelowna, BC V1Y 1R5
1665 Highland Dr N
KelownaBCV1Y 4K6
771 Burne Ave
KelownaBCV1Y 5P6
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.
727-727 Houghton Rd
KelownaBCV1X 7J7
620-620 Coronation Ave
KelownaBCV1Y 0N8
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$1,673 - $1,8741 to 3 Bedroom Apartments
Aurora Apartments
220 Aurora CresKelowna, BC V1X 0B7
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$1,599 - $2,925Studio to 3 Bedroom Apartments
Knox Village
1450 Cara Glen CrtKelowna, BC V1V 0H9
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$1,8002 Bedroom Apartments
Missionview Estates
1051-1069 K.L.O RdKelowna, BC V1Y 4X6
625-625 Rowcliffe Ave
KelownaBCV1Y 5Y8
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$1,995 - $2,2701 to 2 Bedroom Apartments
Lake Country Lofts Apartments
10650 Bottom Wood Lake RdLake Country, BC V4V 1V8
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.
Showing Results 1-28, Page 1 of 1
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 | $1,562 | $1,252 | $1,748 |
| Cheap Kelowna 1 Bedroom Apartments | $1,940 | $1,375 | $2,370 |
| Cheap Kelowna 2 Bedroom Apartments | $2,486 | $1,841 | $2,925 |
| Cheap Kelowna 3 Bedroom Apartments | $2,917 | $2,550 | $3,300 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 priced from $1,252. 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 | Studio - B | Studio,1BA | $1,252 |
| Pandosy Square Apartments | One Bedroom | 1BR,1BA | $1,375 |
| Harvey Heights | B4 (Studio) | Studio,1BA | $1,425 |
| Central | 1 Bedroom | 1BR,1BA | $1,500 |
| 1110 Lawson Av | Osoyoos | Studio | Studio,1BA | $1,550 |
| The Marjorie | Studio - A | Studio,1BA | $1,568 |
| The Vibe | B2 (Studio/ Jr. 1 Bed / 1 Bath) | 1BR,1BA | $1,599 |
| Lavida | Studio - A1 | Studio,1BA | $1,630 |
| Glenmore Central | Bachelor A | Studio,1BA | $1,650 |
| The Arborwood | 1 Bed 1 Bath | 1BR,1BA | $1,650 |
Best Value Apartments for Rent in Kelowna, BC
As of September 09, 2026 the best value apartment in the Kelowna area is the $2.60 price per square foot Conservatory II 2 Bed 2 Bath D Model at The Conservatory in the starting from $2,770. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Conservatory | Conservatory II 2 Bed 2 Bath D | 2BR,2BA | $2.60 |
| Lake Country Lofts Apartments | 2 Beds, 2 Baths | 2BR,2BA | $1.90 |
| Lindgren Manor | 2 Bedroom 2 Bathroom | 2BR,2BA | $2.13 |
| Westrich Bay | 2 BR 2 BA | 2BR,2BA | $2.88 |
| Pandosy Square Apartments | One Bedroom | 1BR,1BA | $1.94 |
| Proxima | 1 Beds, 1 Baths | 1BR,1BA | $2.89 |
| The Vibe | B2 (Studio/ Jr. 1 Bed / 1 Bath) | 1BR,1BA | $2.59 |
| 500 Asher | Fintry | 1 Bed + 1 Bath | 1BR,1BA | $2.90 |
| Willow Park Manor | 1B1B | 1BR,1BA | $2.57 |
| Central | 1 Bedroom | 1BR,1BA | $2.66 |
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
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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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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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 listed at $1,252.
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 $1,841 at The Woods.
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
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.