Cheap Homes for Rent in Lake Country, BC from $1,200 (9 Rentals)

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

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.

property at 1230 Ethel St

$1,600

2 Bedroom Rentals

Available Jul 1

1230 Ethel St

KelownaBCV1Y 2W6
property at 539 Yates Rd

$1,695

1 Bedroom Rentals

Available Now

539 Yates Rd

KelownaBCV1V 2T8

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.

Lake Country, BC Local Guide

Cheapest Available Lake Country Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Country, BC is a Studio unit found at The Marjorie priced from $1,180. 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 Lake Country apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The MarjorieStudio CStudio,1BA$1,180
The Woods at Willow ParkStudio BStudio,1BA$1,300
Penticton Brunswick Apartments1 Bedroom1BR,1BA$1,400

Best Value Apartments for Rent in Lake Country, BC and Nearby

As of June 19, 2026 the best value apartment in the Lake Country 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 Lake Country apartment is the The Conservatory 1 Bed 1 Bath I Model at The Conservatory starting at $2,295 with a $2.65 price per square foot . Here is today’s list of the best values for Lake Country apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lake Country Lofts Apartments2 Beds, 2 Baths2BR,2BA$2.01
The ConservatoryThe Conservatory 1 Bed 1 Bath I1BR,1BA$2.65
Vernon City View Apartments2 bedroom2BR,1BA$2.33
Mill Creek Estates1 BR 1 BA1BR,1BA$2.50
The VibeB2 (Next-Gen 1 Bed / 1 Bath)1BR,1BA$2.43
Carrington View Apartments1 Beds, 1 Baths1BR,1BA$2.55
Penticton Brunswick Apartments1 Bedroom1BR,1BA$2.33
Carrington Ridge Apartments1 Beds, 1 Baths1BR,1BA$2.59
Lavida1 Bed/1 Bath - B1 - Building B1BR,1BA$2.87
Lakeview Pointe1 Beds, 1 Baths1BR,1BA$2.86

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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Quick 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.

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

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Frequently Asked Questions about Lake Country

What type of rentals are currently available in Lake Country?

There are currently 35 Apartments for Rent in Lake Country, BC with pricing that ranges from $1,120 to $6,750. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Country ranging from $1,295 to $3,700.

What is the current price range for Rental Homes in Lake Country?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Country ranges from $1,295 to $3,700 with an average monthly rent of $2,225.

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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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.