
Cheap Homes for Rent near Lake Cowichan, BC from $1,395 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Cowichan.


1480-1480 Boundary Crescent

550 Bradley St

244-244 Selby St

1595-1595 Boundary Crescent
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.

250-250 Selby St

509 Millstream Rd

160-160 Vancouver Ave

6900 Blanchard Rd

119 Haliburton St
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.

1066 Jenkins Ave

2629 Millstream Rd

430-430 Stewart Ave

6517 Peregrine Rd

618 Morison Ave
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.

3333 Smugglers Hill Dr
Lake Cowichan, BC Local Guide
How much does it cost to rent a home in Lake Cowichan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Cowichan 2 Bedroom Homes for Rent | $2,226 | $1,700 | $2,600 |
| Lake Cowichan 3 Bedroom Homes for Rent | $3,142 | $2,560 | $3,650 |
| Lake Cowichan 4 Bedroom Homes for Rent | $4,347 | $3,400 | $5,295 |
| Lake Cowichan 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in Lake Cowichan
Explore Lake Cowichan
Lake Cowichan, BC Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Neighbour | E1 | 5BR,3BA | $1,300 |
| Drinkwater Place Apartments | Studio/ 1 Bath | Studio,1BA | $1,500 |
| Marakai | A1 - Studio | Studio,1BA | $1,513 |
| Bray Park Apartments | Studio/ 1 Bath | Studio,1BA | $1,584 |
| Summerhill Place | Bachelor 1825 D | Studio,1BA | $1,595 |
Best Value Apartments for Rent in Lake Cowichan, BC and Nearby
As of September 06, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wadams Farm | Townhouse - Type C | 3BR,3BA | $2.24 |
| West Summit | Two Bedroom Two Bathroom Plus Den | 2BR,2BA | $2.83 |
| OVIS One | A2 | 2BR,2BA | $2.72 |
| Braywood Place Apartments | 2 Bed/ 2 Bath | 2BR,2BA | $2.52 |
| Woodland Place | H | 2BR,2BA | $2.84 |
| Crossing at Belmont | Two Bedroom | 2BR,2BA | $2.85 |
| Christie Point | 2 Bedroom +1 Bath | 2BR,1BA | $2.66 |
| The Wilson Block | Studio | Studio ,1BA | $2.88 |
| Belmont Place Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $2.79 |
| Bray Park Apartments | Studio/ 1 Bath | Studio ,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 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 Lake Cowichan, BC Rentals by Map
See the most popular apartments and homes in Lake Cowichan, BC
Frequently Asked Questions about Lake Cowichan
What type of rentals are currently available in Lake Cowichan?
There are currently 46 Apartments for Rent in Lake Cowichan, BC with pricing that ranges from $1,180 to $7,500. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Cowichan ranging from $1,395 to $5,295.
What is the current price range for Rental Homes in Lake Cowichan?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Cowichan ranges from $1,395 to $5,295 with an average monthly rent of $2,284.
How much are larger Three and Four Bedroom Rentals in Lake Cowichan?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Cowichan range from $2,360 to $7,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,560 to $3,650. Four Bedroom Single-Family rentals are also available starting from $3,400 and Four Bedroom Apartments start at $1,300.
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.