
Cheap Homes for Rent near Okanagan-Similkameen, BC from $1,300 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Okanagan-Similkameen.


925 Leon Ave

815-2 Martin Ave

660 Cawston Ave

1230 Ethel St
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.

2301-2301 Carrington Rd

690-2 San Michelle Rd

3160-3160 De Montreuil Ct

735 Cook Rd

1380-1380 Pridham Ave
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.
Okanagan-Similkameen, BC Local Guide
How much does it cost to rent a home in Okanagan-Similkameen?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Okanagan-Similkameen 2 Bedroom Homes for Rent | $2,329 | $1,600 | $3,650 |
| Okanagan-Similkameen 3 Bedroom Homes for Rent | $3,318 | $2,875 | $3,800 |
| Okanagan-Similkameen 4 Bedroom Homes for Rent | $3,819 | $2,800 | $4,500 |
| Okanagan-Similkameen 5 Bedroom Homes for Rent | $4,587 | $4,175 | $5,000 |
| Okanagan-Similkameen 6 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Top Homes for Rent in Okanagan-Similkameen
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Okanagan-Similkameen, BC Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Woods at Willow Park | Studio B | Studio,1BA | $1,300 |
| Penticton Brunswick Apartments | 1 Bedroom | 1BR,1BA | $1,400 |
| Harvey Heights | B4 (Studio) | Studio,1BA | $1,425 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Conservatory | Conservatory II 2 Bed 2 Bath D | 2BR,2BA | $2.48 |
| Glenmore Central | 2 Bed 2 Bath L | 2BR,2BA | $2.56 |
| Mill Creek Estates | 1 BR 1 BA | 1BR,1BA | $2.50 |
| Pandosy Square Apartments | One Bedroom | 1BR,1BA | $2.08 |
| Proxima | 1 Beds, 1 Baths | 1BR,1BA | $2.96 |
| The Vibe | B2 (Studio/ Jr. 1 Bed / 1 Bath) | 1BR,1BA | $2.43 |
| Carrington View Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.47 |
| Penticton Brunswick Apartments | 1 Bedroom | 1BR,1BA | $2.33 |
| Carrington Ridge Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.45 |
| Lakeview Pointe | 1 Beds, 1 Baths | 1BR,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 ArticleReal 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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Okanagan-Similkameen
What type of rentals are currently available in Okanagan-Similkameen?
There are currently 55 Apartments for Rent in Okanagan-Similkameen, BC with pricing that ranges from $1,120 to $7,552. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Okanagan-Similkameen ranging from $1,325 to $5,000.
What is the current price range for Rental Homes in Okanagan-Similkameen?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Okanagan-Similkameen ranges from $1,325 to $5,000 with an average monthly rent of $3,084.
How much are larger Three and Four Bedroom Rentals in Okanagan-Similkameen?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Okanagan-Similkameen range from $2,305 to $3,696, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,875 to $3,800. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $3,768.
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

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.

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.

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.

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.