Cheap Apartments for Rent in Okanagan-Similkameen, BC from $1,200 (30 Rentals)

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

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Parkview Valley
Rent Specials
$1,575 - $2,725
Total Monthly Price

Total Monthly Price

Base Rent
$1,575 - $2,725
Total Monthly Price
$1,575 - $2,725
Studio to 3 Bedroom Apartments Available Now

Parkview Valley

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

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.

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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.

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property at 1491 Government St

$1,250 - $1,600

Studio To 1 Bedroom Rentals

Available Now

1491 Government St

PentictonBCV2A 4V9

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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Penticton Sunburst
$1,5501 Bedroom Apartments

Penticton Sunburst

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

Buckland Manor Apartments

445 Buckland AveKelowna, BC V1Y 5Z3
  • Utilities Included
property at 925 Leon Ave

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

Studio, 1 Bath Condo for Rent

Available Nov 1

925 Leon Ave

KelownaBCV1Y 0E5

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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Showing Results 1-30, Page 1 of 1

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 $1,240. 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 AStudio,1BA$1,240
Penticton Brunswick Apartments1 Bedroom1BR,1BA$1,400
Harvey HeightsB4 (Studio)Studio,1BA$1,425
Carrington View Apartments1 Beds, 1 Baths1BR,1BA$1,430
Carrington Ridge Apartments1 Beds, 1 Baths1BR,1BA$1,435
Pandosy Square ApartmentsOne Bedroom1BR,1BA$1,475
500 AsherEllison | StudioStudio,1BA$1,500
THE AMBROSIStudio AStudio,1BA$1,640
The Arborwood1 Bed 1 Bath1BR,1BA$1,650
Central1 Bedroom1BR,1BA$1,750

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

As of May 24, 2026 the best value apartment in the Okanagan-Similkameen area is the $2.02 price per square foot 3 Beds, 1 Baths Model at Lakeview Pointe in the starting from $2,280. The second greatest value Okanagan-Similkameen apartment is the 2 BR 2 BA Model at Mill Creek Estates starting at $2,100 with a $2.00 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.
Lakeview Pointe3 Beds, 1 Baths3BR,1BA$2.02
Mill Creek Estates2 BR 2 BA2BR,2BA$2.00
Glenmore Central3 Bed 2 Bath A3BR,2BA$2.52
Lavida Community2 Bed/2 Bath - D1 - Building A2BR,2BA$2.78
The ConservatoryConservatory II 1 Bed 1 Bath C1BR,1BA$2.84
Pandosy Square ApartmentsOne Bedroom1BR,1BA$2.08
Proxima1 Beds, 1 Baths1BR,1BA$2.96
Carrington View Apartments1 Beds, 1 Baths1BR,1BA$2.33
Penticton Brunswick Apartments1 Bedroom1BR,1BA$2.33
Carrington Ridge Apartments1 Beds, 1 Baths1BR,1BA$2.42

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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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.

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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 $1,240.

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 $1,635 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 $2,280.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.