3853 W 15th Ave
VancouverBCV6R 3A1
Cheap Homes for Rent in Nanaimo, BC from $900 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Nanaimo.
3550 W 39th Ave
VancouverBCV6N 3A5
649 Farquhar St
NanaimoBCV9R 2E4
9631 Diamond Rd
RichmondBCV7E 1P5
6166 Palahi Rd
DuncanBCV9L 5B6
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.
1600 Dufferin Crescent
NanaimoBCV9S 5N2
1480-1480 Boundary Crescent
NanaimoBCV9S 4N8
244-244 Selby St
NanaimoBCV9R 2R3
501 Sixth St
NanaimoBCV9R 5W6
6181 Palahi Rd
DuncanBCV9L 4Y8
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.
Showing Results 1-10, Page 1 of 1
Nanaimo, BC Local Guide
How much does it cost to rent a home in Nanaimo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Nanaimo 2 Bedroom Homes for Rent | $2,595 | $1,700 | $4,650 |
| Nanaimo 3 Bedroom Homes for Rent | $2,200 | $1,100 | $2,800 |
| Nanaimo 5 Bedroom Homes for Rent | $9,150 | $3,300 | $10,000+ |
Browse Top Homes for Rent in Nanaimo
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Nanaimo, BC Local Guide
- Nearby Cities
Cheapest Available Nanaimo Apartments for Rent
The cheapest available apartment rental in Nanaimo, BC is a Studio unit found at Summerhill Village priced from $1,675. Rutherford Place Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,690. Here is today’s list of the most affordable Nanaimo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Summerhill Village | Bachelor A | Studio,1BA | $1,675 |
| Rutherford Place Apartments | Open Plan One Bedroom | Studio,1BA | $1,690 |
| Summerhill Place | 1 Bed 1 Bath 1820 B | 1BR,1BA | $1,795 |
Best Value Apartments for Rent in Nanaimo, BC
As of April 24, 2026 the best value apartment in the Nanaimo area is the $3.17 price per square foot 1 Beds, 1 Baths Model at Uplands Terrace Apartments in the starting from $1,900. The second greatest value Nanaimo apartment is the 1 Beds, 1 Baths Model at North Point Apartments starting at $1,815 with a $3.24 price per square foot . Here is today’s list of the best values for Nanaimo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Uplands Terrace Apartments | 1 Beds, 1 Baths | 1BR,1BA | $3.17 |
| North Point Apartments | 1 Beds, 1 Baths | 1BR,1BA | $3.24 |
| Rutherford Place Apartments | Furnished Studio Short Term | Studio ,1BA | $3.75 |
| Summerhill Place | 1 Bed 1 Bath 1820 B | 1BR,1BA | $3.38 |
| Summerhill Village | Bachelor A | Studio ,1BA | $5.56 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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.
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See the most popular apartments and homes in Nanaimo, BC
Frequently Asked Questions about Nanaimo
What type of rentals are currently available in Nanaimo?
There are currently 44 Apartments for Rent in Nanaimo, BC with pricing that ranges from $1,070 to $3,395. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nanaimo ranging from $900 to $15,000.
What is the current price range for Rental Homes in Nanaimo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Nanaimo ranges from $900 to $15,000 with an average monthly rent of $4,440.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.