Cheap Apartments for Rent in Parksville, BC from $1,200 (24 Rentals)

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Merewood Apartments
$1,720Studio to 2 Bedroom Apartments

Merewood Apartments

411-423 Despard Ave WParksville, BC V9P 0H5

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 20 Barsby Ave

$1,750 - $2,000

1 To 2 Bedroom Rentals

Available Now

20 Barsby Ave

NanaimoBCV9R 0K4
property at 348 14th St

$1,495

Studio Rentals

Available Now

348 14th St

CourtenayBCV9N 1G0
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Mainstreet Duncan Apartments
$1,550 - $1,6501 to 2 Bedroom Apartments

Mainstreet Duncan Apartments

5801 Alderlea StDuncan, BC V9L 3V4
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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.

property at 501 Sixth St

$1,595

1 Bedroom Rentals

Available Aug 1

501 Sixth St

NanaimoBCV9R 5W6
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The Meridian
$1,695 - $2,5851 to 2 Bedroom Apartments

The Meridian

107 Evans StDuncan, BC V9L 1P5
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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

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 ListingModel NameBed/BathPriced From
Drinkwater Place ApartmentsStudio/ 1 BathStudio,1BA$1,500
Mainstreet Duncan Apartments1 Bedroom1BR,1BA$1,550
Rutherford Place ApartmentsOpen Plan One BedroomStudio,1BA$1,690
Mainstreet Courtenay Apartments2 bedroom2BR,1BA$1,700
Merewood Apartments0 Beds, 1 BathsStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Mainstreet Courtenay Apartments3 bedroom3BR,1BA$2.67
Queens Garden Apartments2 Bed 1 Bath2BR,1BA$2.88
Mainstreet Duncan Apartments1 Bedroom1BR,1BA$2.67
Rutherford Place ApartmentsOpen Plan One BedroomStudio ,1BA$3.16
Drinkwater Place ApartmentsStudio/ 1 BathStudio ,1BA$3.55
Merewood Apartments0 Beds, 1 BathsStudio ,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.

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

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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

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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.

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.

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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.

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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.