Cheap Apartments for Rent near Lake Cowichan, BC from $1,180 (41 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Lake Cowichan.

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.

Read Article
close
View Me
University Heights
Rent Specials
$1,825 - $3,605

Total Monthly Price

Base Rent$1,825 - $3,605
Total Monthly Price$1,825 - $3,605
Studio to 3 Bedroom Apartments Available Now

University Heights

3980 Shelbourne StVictoria, BC V8N 6J1
Student Housing
  • Verified
  • 3D Tour

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.

Read Article
property at 501 Sixth St
$1,395 - $1,595
Studio To 1 Bedroom Rentals
Available Now

501 Sixth St

NanaimoBCV9R 5W6
property at 550 Bradley St
$1,450 - $1,650
1 To 2 Bedroom Rentals
Available Now

550 Bradley St

NanaimoBCV9S 1C1
property at 244-244 Selby St
$1,450 - $1,650
Studio To 1 Bedroom Rentals
Available Now

244-244 Selby St

NanaimoBCV9R 2R3

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.

Read Article
close
View Me
Mainstreet Duncan Apartments
$1,550 - $1,6501 to 2 Bedroom Apartments

Mainstreet Duncan Apartments

5801 Alderlea StDuncan, BC V9L 3V4
  • Utilities Included
  • Smoke Free
close
View Me
Aquarius Apartments
$1,600 - $2,200Studio to 2 Bedroom Apartments

Aquarius Apartments

215 Oswego StVictoria, BC V8V 2B5
  • Utilities Included
  • Smoke Free

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.

Read Article
close
View Me
The James
$1,685 - $2,375Studio to 2 Bedroom Apartments

The James

345 Quebec StVictoria, BC V8V 1W4
close
View Me
The Meridian
$1,695 - $2,5851 to 2 Bedroom Apartments

The Meridian

107 Evans StDuncan, BC V9L 1P5
  • Smoke Free
close
View Me
Elmwood Terrace
$1,700 - $2,3001 to 2 Bedroom Apartments

Elmwood Terrace

1399 Stanley AveVictoria, BC V8S 3S5
  • Utilities Included
property at 618 Morison Ave
$1,750 - $2,895
1 To 3 Bedroom Rentals
Available Oct 1

618 Morison Ave

ParksvilleBCV9P 1G3
close
View Me
The Wilson Block
$1,800 - $2,500Studio to 2 Bedroom Apartments

The Wilson Block

536 Herald StVictoria, BC V8W 1S6
  • Smoke Free
close
View Me
Queens Garden Apartments
$1,895 - $1,9952 Bedroom Apartments

Queens Garden Apartments

488 Garden StDuncan, BC V9L 3V6
Furnished
  • Smoke Free

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.

Read Article
Showing Results 1-41, Page 1 of 1

Lake Cowichan, BC Local Guide

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 $1,300. 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 ListingModel NameBed/BathPriced From
NeighbourE15BR,3BA$1,300
Drinkwater Place ApartmentsStudio/ 1 BathStudio,1BA$1,500
MarakaiA1 - StudioStudio,1BA$1,513
Bray Park ApartmentsStudio/ 1 BathStudio,1BA$1,584
Summerhill PlaceBachelor 1825 DStudio,1BA$1,595
North Point Apartments0 Beds, 1 BathsStudio,1BA$1,625
Belmont Place Apartments1 Bedroom, 1 Bath1BR,1BA$1,680
The JamesStudioStudio,1BA$1,685
Rutherford Place ApartmentsOpen Plan One BedroomStudio,1BA$1,690
The Meridian1 Bed, 1 bath1BR,1BA$1,695

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

As of September 07, 2026 the best value apartment in the Lake Cowichan area is the $2.24 price per square foot Townhouse - Type C Model at Wadams Farm in the starting from $3,100. The second greatest value Lake Cowichan apartment is the Two Bedroom Two Bathroom Plus Den Model at West Summit starting at $3,300 with a $2.83 price per square foot . Here is today’s list of the best values for Lake Cowichan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wadams FarmTownhouse - Type C3BR,3BA$2.24
West SummitTwo Bedroom Two Bathroom Plus Den2BR,2BA$2.83
OVIS OneA22BR,2BA$2.72
Braywood Place Apartments2 Bed/ 2 Bath2BR,2BA$2.52
Woodland PlaceH2BR,2BA$2.84
Crossing at BelmontTwo Bedroom2BR,2BA$2.85
Christie Point2 Bedroom +1 Bath2BR,1BA$2.66
The Wilson BlockStudioStudio ,1BA$2.88
Belmont Place Apartments1 Bedroom, 1 Bath1BR,1BA$2.79
Bray Park ApartmentsStudio/ 1 BathStudio ,1BA$2.97

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 Article
Decorative image

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.

Read Article

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Lake Cowichan, BC Rentals by Map

Decorative image of map

See the most popular apartments and homes in Lake Cowichan, BC

View Map
Lake Cowichan, BC Apartments Map
View Map
Lake Cowichan, BC Rental Homes Map

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 $1,680 at Belmont Place 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 $2,000 at Drinkwater Place 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 Drinkwater Place Apartments and starts from $2,400.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.