
Cheap Homes for Rent in Parksville, BC from $1,300 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Parksville.


348 14th St

244-244 Selby St

238-238 Selby 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.

501 Sixth St

1050 Braidwood Rd

250-250 Selby St

430-430 Stewart 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.

4830 Cedar Ridge Pl
Parksville, BC Local Guide
How much does it cost to rent a home in Parksville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parksville 2 Bedroom Homes for Rent | $2,158 | $1,800 | $3,750 |
| Parksville 3 Bedroom Homes for Rent | $2,525 | $2,100 | $2,900 |
| Parksville 4 Bedroom Homes for Rent | $2,875 | $2,500 | $3,250 |
| Parksville 5 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
Browse Top Homes for Rent in Parksville
Explore Parksville
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 2 Beds apartment currently listed from $1,650. 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 | 2 Bedroom | 2BR,1BA | $1,650 |
| Rutherford Place Apartments | Open Plan One Bedroom | Studio,1BA | $1,690 |
Best Value Apartments for Rent in Parksville, BC and Nearby
As of June 13, 2026 the best value apartment in the Parksville area is the $2.20 price per square foot 2 Bedroom Model at Mainstreet Duncan Apartments in the starting from $1,650. The second greatest value Parksville apartment is the 3 bedroom Model at Mainstreet Courtenay Apartments starting at $2,000 with a $2.67 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 Duncan Apartments | 2 Bedroom | 2BR,1BA | $2.20 |
| Mainstreet Courtenay Apartments | 3 bedroom | 3BR,1BA | $2.67 |
| Queens Garden Apartments | 2 Bed 1 Bath | 2BR,1BA | $3.03 |
| North Point Apartments | 1 Beds, 1 Baths | 1BR,1BA | $3.24 |
| Rutherford Place Apartments | Furnished Studio Short Term | Studio ,1BA | $3.75 |
| Summerhill Place | 1 Bed 1 Bath 1820 B | 1BR,1BA | $3.36 |
| Drinkwater Place Apartments | Studio/ 1 Bath | Studio ,1BA | $3.55 |
| Merewood Apartments | 0 Beds, 1 Baths | Studio ,1BA | $4.39 |
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!
Explore Parksville, BC Rentals by Map
See the most popular apartments and homes in Parksville, BC
Frequently Asked Questions about Parksville
What type of rentals are currently available in Parksville?
There are currently 33 Apartments for Rent in Parksville, BC with pricing that ranges from $975 to $4,000. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parksville ranging from $1,300 to $3,750.
What is the current price range for Rental Homes in Parksville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parksville ranges from $1,300 to $3,750 with an average monthly rent of $2,348.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.