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1 Bedroom Apartments for Rent in Oak Bay, BC (53 Rentals)
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Rent Specials
$1,924 - $2,9101 Bedroom Apartments Available Now
University Heights
1520 McKenzie AveVictoria, BC V8N 3B7
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Contact Us For Pricing1 Bedroom Apartments Available Now
The Shelley
3949 Shelbourne StSaanich, BC V8P 4J2
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Rent Specials
$1,700 - $1,9001 Bedroom Apartments Available Now
Elmwood Terrace
1399 Stanley AveVictoria, BC V8S 3S5
1653 Oak Bay Ave
VictoriaBCV8R 1B5
Island Manor Apartments
1855 Fort St
VictoriaBCV8R 4W1
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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 Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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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.
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Oak Bay, BC Local Guide
How much does it cost to rent an apartment in Oak Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oak Bay Studio Apartments | $1,913 | $1,550 | $2,175 |
| Oak Bay 1 Bedroom Apartments | $2,433 | $1,695 | $2,910 |
| Oak Bay 2 Bedroom Apartments | $3,515 | $2,100 | $3,800 |
| Oak Bay 3 Bedroom Apartments | $4,218 | $4,175 | $4,275 |
Browse Top Apartments in Oak Bay
See all Apartments in Oak BayExplore Oak Bay
Oak Bay, BC Local Guide
- Nearby Cities
Largest Available Oak Bay and Nearby 1 Bedroom Apartments
The largest available 1 Bedroom apartment unit in Oak Bay, BC is found at Elmwood Terrace and is 625 square feet priced from $1,700. 1204 Yates Street Apartments has the second largest 1 Bedroom, which is sized at 600 square feet and currently listed start at $1,795. Here is today’s list of the largest available 1 Bedroom units in Oak Bay:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Elmwood Terrace | 1 Bed 1 Bath | 625 Sq Ft | $1,700 |
| 1204 Yates Street Apartments | 1 Beds, 1 Baths | 600 Sq Ft | $1,795 |
| University Heights | A4 | 565 Sq Ft | $2,810 |
| The Shelley | A1 - Studio | 411 Sq Ft | $1,950 |
Cheapest Available Oak Bay and Nearby 1 Bedroom Apartments
As of November 08, 2025 the lowest priced 1 Bedroom apartment unit in Oak Bay, BC is the 1 Bed 1 Bath Model starting from $1,700 at Elmwood Terrace . The second most affordable Oak Bay 1 Bedroom is the 1 Beds, 1 Baths Model at 1204 Yates Street Apartments starting at $1,795 . The average price for all 1 Bedroom apartments in Oak Bay is currently $2,433. Here is today’s list of the cheapest available 1 Bedroom options in Oak Bay:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Elmwood Terrace | 1 Bed 1 Bath | $1,700 |
| 1204 Yates Street Apartments | 1 Beds, 1 Baths | $1,795 |
| The Shelley | A1 - Studio | $1,950 |
| University Heights | A2 | $2,235 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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.
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 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Oak Bay, BC Rentals by Map
See the most popular apartments and homes in Oak Bay, BC
Frequently Asked Questions about 1 Bedroom Oak Bay Apartments
What is the Cheapest apartment in Oak Bay with 1 Bedroom?
Currently the most affordable 1 Bedroom in Oak Bay is at Elmwood Terrace listed at $1,700.
How much is the average rent for a 1 Bedroom Oak Bay Apartment?
The average rent for a 1 Bedroom Apartment in Oak Bay is $2,433.
What is the largest available 1 Bedroom Oak Bay Apartment for rent?
Today's apartment with the most square footage in Oak Bay is a 625 square feet unit starting from $1,700 at Elmwood Terrace.
What is the average size for Oak Bay 1 Bedroom Apartments for rent?
The average size for a 1 Bedroom rental in Oak Bay is currently 668 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.