
Cheap Apartments for Rent in Lake Cowichan, BC from $1,200 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Cowichan.


593 5th St

641 Lambert Ave

Total Monthly Price
Drinkwater Place Apartments

598 Hillcrest Ave

Mainstreet Victoria Garden Apartments

Mainstreet Duncan Apartments

Marakai
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.

643 Lambert Ave

Total Monthly Price
Bray Park Apartments

Belmont Place Apartments

The Meridian

Hudson House

The Spruce

Crossing at Belmont

Total Monthly Price
Woodland Place
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

825 FORT

Summerhill Place

Hoylake Apartments

Seaside Heights Mainstreet Apartments

Total Monthly Price
University Heights

The Kentwood

The Blueprint Residences

Aspire
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

1480-1480 Boundary Crescent

501 Sixth St

1986 Glenidle Rd

263 Golden Oaks Cres

5361 Royal Sea View

Aquarius Apartments

16 Pine St

1987 Kaltasin Rd
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Elmwood Terrace

1406-1406 Jingle Pot Rd

Salish Sands

5170 Dunn Pl

Total Monthly Price
The Wilson Block

646 Admirals Rd

4960 Songbird Pl

3008 Dornier Road
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.
Lake Cowichan, BC Local Guide
How much does it cost to rent an apartment in Lake Cowichan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Cowichan Studio Apartments | $2,018 | $1,500 | $2,325 |
| Lake Cowichan 1 Bedroom Apartments | $2,136 | $1,275 | $3,225 |
| Lake Cowichan 2 Bedroom Apartments | $2,805 | $1,650 | $4,800 |
| Lake Cowichan 3 Bedroom Apartments | $3,159 | $1,375 | $5,250 |
| Lake Cowichan 4 Bedroom Apartments | $1,363 | $1,275 | $1,450 |
Browse Top Apartments in Lake Cowichan
See all Apartments in Lake CowichanExplore Lake Cowichan
Lake Cowichan, BC Local Guide
- Nearby Cities
Cheapest Available Lake Cowichan Apartments for Rent and Nearby
 The cheapest available apartment rental in Lake Cowichan, BC is a 5 Beds unit found at Neighbour priced from $1,275. Drinkwater Place Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,500. Here is today’s list of the most affordable Lake Cowichan apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Neighbour | E4 | 5BR,3BA | $1,275 |
| Drinkwater Place Apartments | Studio/ 1 Bath | Studio,1BA | $1,500 |
| Mainstreet Victoria Garden Apartments | Bachelor | Studio,1BA | $1,525 |
| Marakai | A2 - Studio | Studio,1BA | $1,569 |
| Bray Park Apartments | Studio/ 1 Bath | Studio,1BA | $1,584 |
| Mainstreet Duncan Apartments | 2 Bedroom | 2BR,1BA | $1,650 |
| Colwood Corners | A- Building 2&3 | Studio,1BA | $1,675 |
| Belmont Place Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $1,680 |
| Elmwood Terrace | 1 Bed 1 Bath | 1BR,1BA | $1,700 |
| Hudson House | A2 - Studio | Studio,1BA | $1,700 |
Best Value Apartments for Rent in Lake Cowichan, BC and Nearby
As of February 26, 2026 the best value apartment in the Lake Cowichan area is the $2.64 price per square foot Townhouse: 3 Bedroom 1.5 Bath Floor Model at Christie Point in the starting from $2,995. The second greatest value Lake Cowichan apartment is the 2 Bed/ 2 Bath + Den Model at Braywood Place Apartments starting at $2,800 with a $2.82 price per square foot . Here is today’s list of the best values for Lake Cowichan apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Christie Point | Townhouse: 3 Bedroom 1.5 Bath Floor | 3BR,1.5BA | $2.64 |
| Braywood Place Apartments | 2 Bed/ 2 Bath + Den | 2BR,2BA | $2.82 |
| Hoylake Apartments | 2 Bed 2 Bath A | 2BR,2BA | $2.94 |
| Light House | 2 Bed | 2BR,2BA | $2.70 |
| Bray Park Apartments | 2 Bed/ 2 Bath | 2BR,2BA | $3.08 |
| Westview | 2 Bdr 1 Bath | 2BR,1BA | $2.83 |
| Mainstreet Duncan Apartments | 2 Bedroom | 2BR,1BA | $2.20 |
| Elmwood Terrace | 1 Bed 1 Bath | 1BR,1BA | $2.79 |
| Belmont Place Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $2.79 |
| Crossing at Belmont | One Bedroom | 1BR,1BA | $3.00 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 Lake Cowichan, BC Rentals by Map
See the most popular apartments and homes in Lake Cowichan, BC
Frequently Asked Questions about Cheap Lake Cowichan Apartments
What is the Cheapest Studio apartment in Lake Cowichan?
Currently the most affordable Cheap Studio Apartment in Lake Cowichan is at Drinkwater Place Apartments listed at $1,500.
How much is rent for a Cheap One Bedroom Lake Cowichan Apartment?
The lowest price for a Cheap One Bedroom Lake Cowichan Apartment is $1,650 at Mainstreet Victoria Garden Apartments.
What is the lowest price for a Cheap Two Bedroom Lake Cowichan Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Cowichan is starting from $1,650 at Mainstreet Duncan Apartments.
What is the most affordable Lake Cowichan Three Bedroom Apartment?
The best deal on a cheap Lake Cowichan Three Bedroom Apartment rental is at Neighbour and starts from $1,675.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.