Cheap Homes for Rent in Kelowna, BC from $1,293 (17 Rentals)

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Search the lowest-cost Homes available for rent right now in Kelowna.

property at 345-345 Dougall Rd N
$1,325 - $1,500
Studio To 1 Bedroom Rentals
Available Now
Affordability

345-345 Dougall Rd N

KelownaBCV1X 3K8
property at 697 Belgo Rd
$1,450
2 Bedroom Rentals
Available Nov 1
Cost Per Sq.Ft.

697 Belgo Rd

KelownaBCV1X 2Z2
property at 320 Mills Rd
$1,450 - $1,500
1 Bedroom Rentals
Available Sep 15

320 Mills Rd

KelownaBCV1X 4G8
property at 2433 Sexsmith Rd
$1,550
2 Bedroom Rentals
Available Now
Affordability

2433 Sexsmith Rd

KelownaBCV1V 2E9

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.

property at 925 Leon Ave
$1,600

Total Monthly Price

Base Rent$1,600

Total Monthly Price$1,600
Studio, 1 Bath Condo for Rent
Available Nov 1
Furnished

925 Leon Ave

KelownaBCV1Y 0E5
  • Smoke Free
property at 771 Burne Ave
$1,600
1 Bedroom Rentals
Available Now
Affordability

771 Burne Ave

KelownaBCV1Y 5P6

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.

property at 315 Hardie Rd
$1,750
2 Bedroom Rentals
Available Sep 15
Affordability

315 Hardie Rd

KelownaBCV1X 2G9
property at 290 Arab Rd
$1,800

Total Monthly Price

Base Rent$1,800

Total Monthly Price$1,800
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

290 Arab Rd

KelownaBCV1V 2G8

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.

property at 4028 Pritchard Dr
$1,800
2 Bedroom Rentals
Available Nov 1
Affordability

4028 Pritchard Dr

West KelownaBCV4T 3E4
property at 9509 Winview Rd
$1,800
2 Bedroom Rentals
Available Oct 1

9509 Winview Rd

Lake CountryBCV4V 1M1

Kelowna, BC Local Guide

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 ListingModel NameBed/BathPriced From
The WoodsStudio - BStudio,1BA$1,252
Pandosy Square ApartmentsOne Bedroom1BR,1BA$1,375
Harvey HeightsB4 (Studio)Studio,1BA$1,425
Central1 Bedroom1BR,1BA$1,500
1110 Lawson AvOsoyoos | StudioStudio,1BA$1,550

Best Value Apartments for Rent in Kelowna, BC

As of September 06, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The ConservatoryConservatory II 2 Bed 2 Bath D2BR,2BA$2.60
Lake Country Lofts Apartments2 Beds, 2 Baths2BR,2BA$1.90
Lindgren Manor2 Bedroom 2 Bathroom2BR,2BA$2.17
Westrich Bay2 BR 2 BA2BR,2BA$2.88
Pandosy Square ApartmentsOne Bedroom1BR,1BA$1.94
Proxima1 Beds, 1 Baths1BR,1BA$2.89
The VibeB2 (Studio/ Jr. 1 Bed / 1 Bath)1BR,1BA$2.59
500 AsherFintry | 1 Bed + 1 Bath1BR,1BA$2.90
Willow Park Manor1B1B1BR,1BA$2.57
Central1 Bedroom1BR,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.

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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.

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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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Quick Rent Budget Calculator

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Kelowna

What type of rentals are currently available in Kelowna?

There are currently 84 Apartments for Rent in Kelowna, BC with pricing that ranges from $1,252 to $3,300. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Kelowna ranging from $1,293 to $5,000.

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 $1,293 to $5,000 with an average monthly rent of $2,643.

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

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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.

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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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.