
Cheap Apartments for Rent in Penticton, BC from $1,100 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Penticton.


Penticton Brunswick Apartments

Penticton Sunburst

Ellis Creek Towhouses

Lancaster Place

Alexandra Apartments
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.

Capitol Manor Apartments

120 Calgary Av

124 Calgary Av

391 Haynes St

511 Braid St

Forestbrook Apartments
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.

The Conservatory

Glenmore Central

Lakeview Pointe

Proxima

Pandosy Square Apartments

Fraser Manor Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Penticton, BC Local Guide
How much does it cost to rent an apartment in Penticton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penticton Studio Apartments | $1,657 | $1,640 | $1,675 |
| Penticton 1 Bedroom Apartments | $2,009 | $1,475 | $2,425 |
| Penticton 2 Bedroom Apartments | $2,697 | $1,999 | $3,350 |
| Penticton 3 Bedroom Apartments | $2,785 | $2,280 | $3,500 |
Browse Top Apartments in Penticton
See all Apartments in PentictonExplore Penticton
Penticton, BC Local Guide
- Nearby Cities
Cheapest Available Penticton Apartments for Rent and Nearby
 The cheapest available apartment rental in Penticton, BC is a 1 Bed unit found at Penticton Brunswick Apartments priced from $1,400. Pandosy Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,475. Here is today’s list of the most affordable Penticton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Penticton Brunswick Apartments | 1 Bedroom | 1BR,1BA | $1,400 |
| Pandosy Square Apartments | One Bedroom | 1BR,1BA | $1,475 |
| THE AMBROSI | Studio A | Studio,1BA | $1,640 |
| The Arborwood | 1 Bed 1 Bath | 1BR,1BA | $1,650 |
| Proxima | 1 Beds, 1 Baths | 1BR,1BA | $1,900 |
Best Value Apartments for Rent in Penticton, BC and Nearby
As of May 24, 2026 the best value apartment in the Penticton area is the $2.02 price per square foot 3 Beds, 1 Baths Model at Lakeview Pointe in the starting from $2,280. The second greatest value Penticton apartment is the 3 Bed 2 Bath A Model at Glenmore Central starting at $2,575 with a $2.52 price per square foot . Here is today’s list of the best values for Penticton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lakeview Pointe | 3 Beds, 1 Baths | 3BR,1BA | $2.02 |
| Glenmore Central | 3 Bed 2 Bath A | 3BR,2BA | $2.52 |
| The Conservatory | Conservatory II 1 Bed 1 Bath C | 1BR,1BA | $2.84 |
| Pandosy Square Apartments | One Bedroom | 1BR,1BA | $2.08 |
| Proxima | 1 Beds, 1 Baths | 1BR,1BA | $2.96 |
| Penticton Brunswick Apartments | 1 Bedroom | 1BR,1BA | $2.33 |
| The Arborwood | 1 Bed 1 Bath | 1BR,1BA | $3.17 |
| THE AMBROSI | Studio A | Studio ,1BA | $3.94 |
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 Penticton, BC Rentals by Map
See the most popular apartments and homes in Penticton, BC
Frequently Asked Questions about Cheap Penticton Apartments
How much is rent for a Cheap One Bedroom Penticton Apartment?
The lowest price for a Cheap One Bedroom Penticton Apartment is $1,400 at Penticton Brunswick Apartments.
What is the lowest price for a Cheap Two Bedroom Penticton Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Penticton is starting from $1,999 at The Arborwood.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.