
Cheap Homes for Rent in Kelowna, BC from $1,293 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Kelowna.


345-345 Dougall Rd N

697 Belgo Rd

320 Mills Rd

2433 Sexsmith Rd
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.

1280-1280 Sutherland Ave

925 Leon Ave

1665 Highland Dr N

771 Burne Ave

727-727 Houghton 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.

620-620 Coronation Ave

625-625 Rowcliffe Ave

315 Hardie Rd

290 Arab Rd

290-290 Hwy 33
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.

4028 Pritchard Dr

9509 Winview Rd
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 | $2,105 | $1,450 | $3,000 |
| Kelowna 3 Bedroom Homes for Rent | $2,808 | $2,500 | $3,290 |
| Kelowna 4 Bedroom Homes for Rent | $3,233 | $2,400 | $4,300 |
| Kelowna 5 Bedroom Homes for Rent | $4,350 | $4,200 | $4,500 |
| Kelowna 6 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
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 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 |
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 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 | $2.17 |
| 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 ArticleNavigating 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.
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 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

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.