
Cheap Apartments for Rent near Nanaimo District, BC from $1,250 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Nanaimo District.


450 Irwin St

136 Village Way

415 Murray St

901 Is Hwy S

North Point Apartments
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.

Rutherford Place Apartments

352 Hirst Ave W

Parkland House

244-244 Selby St

250-250 Selby St

348 14th 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.

Rosedale Manor

3807 Anderson Ave

1480-1480 Boundary Crescent

Merewood Apartments

550 Bradley St

The Meridian
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.

Forest Glen Manor

6517 Peregrine Rd

1130-1130 Willemar Ave

Highland Place

Dover Ridge

618 Morison Ave
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.

3333 Smugglers Hill Dr

Pacific Manor
Nanaimo District, BC Local Guide
How much does it cost to rent an apartment in Nanaimo District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Nanaimo District Studio Apartments | $2,122 | $1,625 | $4,000 |
| Nanaimo District 1 Bedroom Apartments | $1,700 | $1,250 | $2,370 |
| Nanaimo District 2 Bedroom Apartments | $2,277 | $1,575 | $2,595 |
| Nanaimo District 3 Bedroom Apartments | $2,972 | $2,600 | $3,395 |
Browse Top Apartments in Nanaimo District
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Nanaimo District, BC Local Guide
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Cheapest Available Nanaimo District Apartments for Rent and Nearby
 The cheapest available apartment rental in Nanaimo District, BC is a Studio unit found at North Point Apartments priced from $1,625. 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 District apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| North Point Apartments | Studio | Studio,1BA | $1,625 |
| Rutherford Place Apartments | Open Plan One Bedroom | Studio,1BA | $1,690 |
| The Meridian | 1 Bed, 1 bath | 1BR,1BA | $1,695 |
| Rosedale Manor | 2 Beds, 1 bath | 2BR,1BA | $1,800 |
| Merewood Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $1,880 |
| Uplands Terrace Apartments | 1 Bedroom | 1BR,1BA | $1,935 |
| Dover Ridge | 2 Bed | 2BR,1BA | $2,000 |
| Summerhill Place | 2 Bed 2 Bath 1820 B | 2BR,2BA | $2,350 |
| Summerhill Village | 2 Bed 2 Bath A | 2BR,2BA | $2,350 |
Best Value Apartments for Rent in Nanaimo District, BC and Nearby
As of September 13, 2026 the best value apartment in the Nanaimo District area is the $2.47 price per square foot 2 Bed 2 Bath A Model at Summerhill Village in the starting from $2,350. The second greatest value Nanaimo District apartment is the 2 Bed Model at Dover Ridge starting at $2,000 with a $2.26 price per square foot . Here is today’s list of the best values for Nanaimo District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Summerhill Village | 2 Bed 2 Bath A | 2BR,2BA | $2.47 |
| Dover Ridge | 2 Bed | 2BR,1BA | $2.26 |
| Rosedale Manor | 2 Beds, 1 bath | 2BR,1BA | $2.25 |
| The Meridian | 1 Bedroom + Office/2 Bath | 1BR,2BA | $3.09 |
| Merewood Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $3.52 |
| Uplands Terrace Apartments | 1 Bedroom | 1BR,1BA | $3.23 |
| Rutherford Place Apartments | Open Plan One Bedroom | Studio ,1BA | $3.16 |
| North Point Apartments | Studio | Studio ,1BA | $3.97 |
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 Nanaimo District, BC Rentals by Map
See the most popular apartments and homes in Nanaimo District, BC
Nanaimo District, BC Area Reviews
Candy • 4+ years in Nanaimo District
February 25, 2025There is a nice waterpark and an elementary school. Downtown is a fairly short walk to Port Place Mall and the water front. Rental prices have increased dramatically however and with that a big rise in homelessness.
Frequently Asked Questions about Cheap Nanaimo District Apartments
How much is rent for a Cheap One Bedroom Nanaimo District Apartment?
The lowest price for a Cheap One Bedroom Nanaimo District Apartment is $1,695 at The Meridian.
What is the lowest price for a Cheap Two Bedroom Nanaimo District Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Nanaimo District is starting from $1,800 at Rosedale Manor.
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.