Cheap Apartments for Rent in Okanagan-Similkameen, BC from C$1,200 (21 Rentals)

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

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.

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property at 3623 Elliott Rd

3623 Elliott Rd

West KelownaBCV4T 1P8

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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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 C$1,200. Penticton Sunburst has the second lowest priced unit, which is a 1 Bed apartment currently listed from C$1,550. 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,1BAC$1,200
Penticton Sunburst1 Bedroom1BR,1BAC$1,550
Glenmore CentralBachelor AStudio,1BAC$1,625
Lakeview Pointe1 Beds, 1 Baths1BR,1BAC$1,650
THE AMBROSIStudio AStudio,1BAC$1,725

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

As of June 18, 2025 the best value apartment in the Okanagan-Similkameen area is the C$2.22 price per square foot Shoreway 125 Model at Westmin 795 in the starting from C$3,275. The second greatest value Okanagan-Similkameen apartment is the Conservatory II 2 Bed 2 Bath C Model at The Conservatory starting at C$2,650 with a C$2.53 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.
Westmin 795Shoreway 1253BR,2.5BAC$2.22
The ConservatoryConservatory II 2 Bed 2 Bath C2BR,2BAC$2.53
Pandosy Square ApartmentsTwo Bedroom2BR,1BAC$1.98
Penticton Sunburst1 Bedroom1BR,1BAC$2.38
Proxima1 Beds, 1 Baths1BR,1BAC$3.12
Lakeview Pointe1 Beds, 1 Baths1BR,1BAC$2.99
Glenmore CentralBachelor AStudio ,1BAC$3.34
THE AMBROSIStudio AStudio ,1BAC$4.15
The Woods at Willow ParkStudio B with MurphyStudio ,1BAC$4.19

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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 C$1,200.

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

The lowest price for a Cheap One Bedroom Okanagan-Similkameen Apartment is C$1,550 at Penticton Sunburst.

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 C$1,885 at Lakeview Pointe.

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 C$2,380.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.