Cheap Homes for Rent in Nanaimo District, BC from $1,300 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in Nanaimo District.

property at 348 14th St

$1,495

Studio Rentals

Available Now

348 14th St

CourtenayBCV9N 1G0

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.

property at 501 Sixth St

$1,595

1 Bedroom Rentals

Available Now

501 Sixth St

NanaimoBCV9R 5W6

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.

Nanaimo District, BC Local Guide

Cheapest Available Nanaimo District Apartments for Rent and Nearby

 

The cheapest available apartment rental in Nanaimo District, BC is a Studio unit found at Merewood Apartments priced from $1,600. Summerhill Village has the second lowest priced unit, which is a Studio apartment currently listed from $1,675. Here is today’s list of the most affordable Nanaimo District apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Merewood Apartments0 Beds, 1 BathsStudio,1BA$1,600
Summerhill VillageBachelor AStudio,1BA$1,675
Rutherford Place ApartmentsOpen Plan One BedroomStudio,1BA$1,690

Best Value Apartments for Rent in Nanaimo District, BC and Nearby

As of April 30, 2026 the best value apartment in the Nanaimo District area is the $3.07 price per square foot 1 Bed 1 Bath 1820 A Model at Summerhill Place in the starting from $1,925. The second greatest value Nanaimo District apartment is the 1 Beds, 1 Baths Model at Uplands Terrace Apartments starting at $1,900 with a $3.17 price per square foot . Here is today’s list of the best values for Nanaimo District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Summerhill Place1 Bed 1 Bath 1820 A1BR,1BA$3.07
Uplands Terrace Apartments1 Beds, 1 Baths1BR,1BA$3.17
North Point Apartments1 Beds, 1 Baths1BR,1BA$3.24
Rutherford Place ApartmentsFurnished Studio Short TermStudio ,1BA$3.75
Merewood Apartments0 Beds, 1 BathsStudio ,1BA$4.15
Summerhill VillageBachelor AStudio ,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.

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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.

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The 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.

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Cash 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.

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

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Nanaimo District, BC Area Reviews

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Candy4+ years in Nanaimo District

February 25, 2025

There 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 Nanaimo District

What type of rentals are currently available in Nanaimo District?

There are currently 56 Apartments for Rent in Nanaimo District, BC with pricing that ranges from $1,070 to $4,000. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nanaimo District ranging from $1,395 to $3,300.

What is the current price range for Rental Homes in Nanaimo District?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Nanaimo District ranges from $1,395 to $3,300 with an average monthly rent of $2,187.

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

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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.

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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.

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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.

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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.