
Cheap Homes for Rent in Kelowna, BC from $1,200 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Kelowna.


720-720 K. L. O. Rd

925 Leon Ave

105 Boppart Ct

660 Cawston Ave
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.

320 Mills Rd

630-2B Belgo Rd

1230 Ethel St

520 Hollydell Rd

790 Irma Rd
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.

690-2 San Michelle Rd

372-372 Hartman Rd

615-615 Rutland Rd N

3160-3160 De Montreuil Ct

1550-1550 Dickson Ave
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.

1380-1380 Pridham Ave
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 | $2,787 | $1,250 | $10,000+ |
| Kelowna 3 Bedroom Homes for Rent | $3,568 | $2,000 | $9,500 |
| Kelowna 4 Bedroom Homes for Rent | $3,275 | $2,700 | $4,500 |
| Kelowna 6 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
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 Marjorie priced from $1,120. The Woods at Willow Park has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here is today’s list of the most affordable Kelowna apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Marjorie | Studio A | Studio,1BA | $1,120 |
| 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 |
Best Value Apartments for Rent in Kelowna, BC
As of July 23, 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 1 Bed 1 Bath C Model at The Conservatory starting at $1,850 with a $2.47 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 1 Bed 1 Bath C | 1BR,1BA | $2.47 |
| 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 |
| The Marjorie | 1B1B C | 1BR,1BA | $3.46 |
| THE AMBROSI | 1 Bed 1 Bath A | 1BR,1BA | $3.88 |
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!
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See the most popular apartments and homes in Kelowna, BC
Frequently Asked Questions about Kelowna
What type of rentals are currently available in Kelowna?
There are currently 86 Apartments for Rent in Kelowna, BC with pricing that ranges from $1,120 to $7,941. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kelowna ranging from $1,250 to $15,000.
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 $1,250 to $15,000 with an average monthly rent of $2,885.
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.