
Cheap Apartments for Rent in Parksville, BC from $1,200 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Parksville.


600 Hillcrest Ave

450 Irwin St

190 Nicol St

901 Is Hwy S

Drinkwater Place Apartments

Mountainview

Rutherford Place Apartments
Rent According to Income: A Look at Income-Restricted Rentals
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Mainstreet Courtenay Apartments

20 Barsby Ave

549 Prideaux St

348 14th St

238-238 Selby St

Mainstreet Duncan Apartments

430-430 Stewart Ave

2186 Lark Crescent
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

501 Sixth St

2815 Departure Bay Rd

The Meridian

1480-1480 Boundary Crescent

6320 Sentinal Dr

177 Armins Pl

6517 Peregrine Rd

6142 Brickyard Rd
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Parksville, BC Local Guide
How much does it cost to rent an apartment in Parksville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parksville Studio Apartments | $1,903 | $1,450 | $4,000 |
| Parksville 1 Bedroom Apartments | $2,162 | $1,250 | $6,867 |
| Parksville 2 Bedroom Apartments | $2,028 | $1,400 | $2,595 |
| Parksville 3 Bedroom Apartments | $2,524 | $2,000 | $3,395 |
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Parksville, BC Local Guide
- Nearby Cities
Cheapest Available Parksville Apartments for Rent and Nearby
 The cheapest available apartment rental in Parksville, BC is a Studio unit found at Drinkwater Place Apartments priced from $1,500. Mainstreet Duncan Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,550. Here is today’s list of the most affordable Parksville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Drinkwater Place Apartments | Studio/ 1 Bath | Studio,1BA | $1,500 |
| Mainstreet Duncan Apartments | 1 Bedroom | 1BR,1BA | $1,550 |
| Rutherford Place Apartments | Open Plan One Bedroom | Studio,1BA | $1,690 |
| Mainstreet Courtenay Apartments | 2 bedroom | 2BR,1BA | $1,700 |
| Merewood Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,720 |
Best Value Apartments for Rent in Parksville, BC and Nearby
As of July 29, 2026 the best value apartment in the Parksville area is the $2.67 price per square foot 3 bedroom Model at Mainstreet Courtenay Apartments in the starting from $2,000. The second greatest value Parksville apartment is the 2 Bed 1 Bath Model at Queens Garden Apartments starting at $1,895 with a $2.88 price per square foot . Here is today’s list of the best values for Parksville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mainstreet Courtenay Apartments | 3 bedroom | 3BR,1BA | $2.67 |
| Queens Garden Apartments | 2 Bed 1 Bath | 2BR,1BA | $2.88 |
| Mainstreet Duncan Apartments | 1 Bedroom | 1BR,1BA | $2.67 |
| Rutherford Place Apartments | Open Plan One Bedroom | Studio ,1BA | $3.16 |
| Drinkwater Place Apartments | Studio/ 1 Bath | Studio ,1BA | $3.55 |
| Merewood Apartments | 0 Beds, 1 Baths | Studio ,1BA | $4.46 |
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.
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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!
Explore Parksville, BC Rentals by Map
See the most popular apartments and homes in Parksville, BC
Frequently Asked Questions about Cheap Parksville Apartments
What is the Cheapest Studio apartment in Parksville?
Currently the most affordable Cheap Studio Apartment in Parksville is at Drinkwater Place Apartments listed at $1,500.
How much is rent for a Cheap One Bedroom Parksville Apartment?
The lowest price for a Cheap One Bedroom Parksville Apartment is $1,550 at Mainstreet Duncan Apartments.
What is the lowest price for a Cheap Two Bedroom Parksville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Parksville is starting from $1,700 at Mainstreet Courtenay Apartments.
What is the most affordable Parksville Three Bedroom Apartment?
The best deal on a cheap Parksville Three Bedroom Apartment rental is at Mainstreet Courtenay Apartments and starts from $2,000.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.