Cheap Homes for Rent in Parksville, BC from $1,450 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in Parksville.

property at 244-244 Selby St
$1,450 - $1,595
Studio To 1 Bedroom Rentals
Available Oct 1

244-244 Selby St

NanaimoBCV9R 2R3
property at 348 14th St
$1,495 - $1,695
Studio Rentals
Available Sep 15

348 14th St

CourtenayBCV9N 1W2

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 618 Morison Ave
$1,750 - $2,895
1 To 3 Bedroom Rentals
Available Oct 1

618 Morison Ave

ParksvilleBCV9P 1G3

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.

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. North Point Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,625. 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
North Point ApartmentsStudioStudio,1BA$1,625
Rutherford Place ApartmentsOpen Plan One BedroomStudio,1BA$1,690

Best Value Apartments for Rent in Parksville, BC and Nearby

As of September 12, 2026 the best value apartment in the Parksville area is the $2.75 price per square foot 2 Bed 2 Bath 1820 B Model at Summerhill Place in the starting from $2,350. The second greatest value Parksville apartment is the 1 Bedroom + Office/2 Bath Model at The Meridian starting at $2,350 with a $3.09 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.
Summerhill Place2 Bed 2 Bath 1820 B2BR,2BA$2.75
The Meridian1 Bedroom + Office/2 Bath1BR,2BA$3.09
Mainstreet Courtenay Apartments3 bedroom3BR,1BA$2.80
Mainstreet Duncan Apartments2 Bedroom2BR,1BA$2.33
Merewood Apartments2 Bedroom, 2 Bath2BR,2BA$3.52
Rutherford Place ApartmentsOpen Plan One BedroomStudio ,1BA$3.16
The CrestBachelor AStudio ,1BA$3.28
Drinkwater Place ApartmentsStudio/ 1 BathStudio ,1BA$3.55
North Point ApartmentsStudioStudio ,1BA$3.97

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 Parksville

What type of rentals are currently available in Parksville?

There are currently 30 Apartments for Rent in Parksville, BC with pricing that ranges from $1,250 to $7,742. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parksville ranging from $1,450 to $3,450.

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 $1,450 to $3,450 with an average monthly rent of $2,194.

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 Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.