Cheap Apartments for Rent near Okanagan-Similkameen, BC from $1,100 (30 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Okanagan-Similkameen.

property at 439 Sands Crt

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

Studio, 1 Bath Home for Rent

Available Sep 1

439 Sands Crt

KelownaBCV1X 6B2

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.

close
View Me
Parkview Valley
Rent Specials
$1,649 - $2,799
Total Monthly Price

Total Monthly Price

Base Rent
$1,649 - $2,799

Total Monthly Price
$1,649 - $2,799
Studio to 3 Bedroom Apartments Available Now

Parkview Valley

2001 Benvoulin CrtKelowna, BC V1W 2C7
Pet Friendly
  • Verified
  • Utilities Included
  • 3D Tour

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.

close
View Me
Penticton Brunswick Apartments
$1,100 - $1,400Studio to 2 Bedroom Apartments

Penticton Brunswick Apartments

144 Brunswick StPenticton, BC V2A 5P7
  • Utilities Included
  • Smoke Free
property at 925 Leon Ave

$1,400

Studio Rentals

Available Aug 1

925 Leon Ave

KelownaBCV1Y 0E9

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.

close
View Me
Penticton Sunburst
$1,5501 Bedroom Apartments

Penticton Sunburst

223 Victoria DrPenticton, BC V2A 5N5
close
View Me
Buckland Manor Apartments
$1,575 - $1,925Studio to 2 Bedroom Apartments

Buckland Manor Apartments

445 Buckland AveKelowna, BC V1Y 5Z3
  • Utilities Included
property at 1230 Ethel St

$1,600

2 Bedroom Rentals

Available Now

1230 Ethel St

KelownaBCV1Y 2W6

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Okanagan-Similkameen, BC Local Guide

Cheapest Available Okanagan-Similkameen Apartments for Rent and Nearby

 

The cheapest available apartment rental in Okanagan-Similkameen, BC is a Studio unit found at The Woods at Willow Park priced from $1,300. Penticton Brunswick Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here is today’s list of the most affordable Okanagan-Similkameen apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Woods at Willow ParkStudio BStudio,1BA$1,300
Penticton Brunswick Apartments1 Bedroom1BR,1BA$1,400
Harvey HeightsB4 (Studio)Studio,1BA$1,425
Carrington Ridge Apartments1 Beds, 1 Baths1BR,1BA$1,455
Pandosy Square ApartmentsOne Bedroom1BR,1BA$1,475
The VibeB2 (Studio/ Jr. 1 Bed / 1 Bath)1BR,1BA$1,499
Carrington View Apartments1 Beds, 1 Baths1BR,1BA$1,515
Lakeview Pointe1 Beds, 1 Baths1BR,1BA$1,525
LavidaStudio - A2 - BF - Building BStudio,1BA$1,575
500 AsherEllison | StudioStudio,1BA$1,575

Best Value Apartments for Rent in Okanagan-Similkameen, BC and Nearby

As of July 13, 2026 the best value apartment in the Okanagan-Similkameen area is the $2.48 price per square foot Conservatory II 2 Bed 2 Bath D Model at The Conservatory in the starting from $2,650. The second greatest value Okanagan-Similkameen apartment is the 2 Bed 2 Bath L Model at Glenmore Central starting at $2,425 with a $2.56 price per square foot . Here is today’s list of the best values for Okanagan-Similkameen apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The ConservatoryConservatory II 2 Bed 2 Bath D2BR,2BA$2.48
Glenmore Central2 Bed 2 Bath L2BR,2BA$2.56
Mill Creek Estates1 BR 1 BA1BR,1BA$2.50
Pandosy Square ApartmentsOne Bedroom1BR,1BA$2.08
Proxima1 Beds, 1 Baths1BR,1BA$2.96
The VibeB2 (Studio/ Jr. 1 Bed / 1 Bath)1BR,1BA$2.43
Carrington View Apartments1 Beds, 1 Baths1BR,1BA$2.47
Penticton Brunswick Apartments1 Bedroom1BR,1BA$2.33
Carrington Ridge Apartments1 Beds, 1 Baths1BR,1BA$2.45
Lakeview Pointe1 Beds, 1 Baths1BR,1BA$2.76

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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Okanagan-Similkameen, BC Rentals by Map

View Map
Okanagan-Similkameen, BC Apartments Map
View Map
Okanagan-Similkameen, BC Rental Homes Map

Frequently Asked Questions about Cheap Okanagan-Similkameen Apartments

What is the Cheapest Studio apartment in Okanagan-Similkameen?

Currently the most affordable Cheap Studio Apartment in Okanagan-Similkameen is at The Woods at Willow Park listed at $1,300.

How much is rent for a Cheap One Bedroom Okanagan-Similkameen Apartment?

The lowest price for a Cheap One Bedroom Okanagan-Similkameen Apartment is $1,400 at Penticton Brunswick Apartments.

What is the lowest price for a Cheap Two Bedroom Okanagan-Similkameen Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Okanagan-Similkameen is starting from $1,655 at Carrington Ridge Apartments.

What is the most affordable Okanagan-Similkameen Three Bedroom Apartment?

The best deal on a cheap Okanagan-Similkameen Three Bedroom Apartment rental is at Lakeview Pointe and starts from $2,305.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.