907 Sutherland Ave
KelownaBCV1Y 5X6
Cheap Homes for Rent in Kelowna, BC from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Kelowna.
235-235 Husch Rd
KelownaBCV1X 2W8
720-720 K. L. O. Rd
KelownaBCV1Y 0M9
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.
925-925 Leon Ave
KelownaBCV1Y 0E9
320 Rutland Rd S
KelownaBCV1X 2Z6
320 Mills Rd
KelownaBCV1X 4G8
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.
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Kelowna, BC Local Guide
How much does it cost to rent a home in Kelowna?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Kelowna 2 Bedroom Homes for Rent | $2,224 | $1,400 | $3,450 |
| Kelowna 3 Bedroom Homes for Rent | $2,672 | $1,575 | $3,475 |
Browse Top Homes for Rent 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 $1,240. 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 A | Studio,1BA | $1,240 |
| Harvey Heights | B4 (Studio) | Studio,1BA | $1,425 |
| Pandosy Square Apartments | One Bedroom | 1BR,1BA | $1,475 |
Best Value Apartments for Rent in Kelowna, BC
As of May 21, 2026 the best value apartment in the Kelowna area is the $1.83 price per square foot 2 Beds, 2 Baths Model at Lake Country Lofts Apartments in the starting from $1,920. The second greatest value Kelowna apartment is the 2 BR 2 BA Model at Mill Creek Estates starting at $2,100 with a $2.00 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 | $1.83 |
| Mill Creek Estates | 2 BR 2 BA | 2BR,2BA | $2.00 |
| Glenmore Central | 3 Bed 2 Bath A | 3BR,2BA | $2.52 |
| The Conservatory | Conservatory II 1 Bed 1 Bath C | 1BR,1BA | $2.84 |
| Pandosy Square Apartments | One Bedroom | 1BR,1BA | $2.08 |
| Proxima | 1 Beds, 1 Baths | 1BR,1BA | $2.96 |
| KOVO | 1 BR | 1BR,1BA | $3.49 |
| The Arborwood | 1 Bed 1 Bath | 1BR,1BA | $3.17 |
| Midtown | 1 Bedroom | 1BR,1BA | $3.27 |
| Central | 1 Bedroom | 1BR,1BA | $3.53 |
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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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.
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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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Frequently Asked Questions about Kelowna
What type of rentals are currently available in Kelowna?
There are currently 82 Apartments for Rent in Kelowna, BC with pricing that ranges from $1,300 to $3,500. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kelowna ranging from $900 to $3,475.
What is the current price range for Rental Homes in Kelowna?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Kelowna ranges from $900 to $3,475 with an average monthly rent of $2,029.
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
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.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.