Cheap Apartments for Rent in Penticton, BC from $1,100 (18 Rentals)

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Penticton Sunburst
$1,5001 Bedroom Apartments

Penticton Sunburst

223 Victoria DrPenticton, BC V2A 5N5
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Lancaster Place
1 to 2 Bedroom Apartments

Lancaster Place

2360 S Main StPenticton, BC V2A 5H9

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.

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120 Calgary Av
1 to 2 Bedroom Apartments

120 Calgary Av

120 Calgary AvPenticton, BC V2A 2T6
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124 Calgary Av
1 Bedroom Apartments

124 Calgary Av

124 Calgary AvPenticton, BC V2A 2T6
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391 Haynes St
1 to 2 Bedroom Apartments

391 Haynes St

391 Haynes StPenticton, BC V2A 5S1
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511 Braid St
Studio to 2 Bedroom Apartments

511 Braid St

511 Braid StPenticton, BC V2A 4Y4

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Penticton, BC Local Guide

Cheapest Available Penticton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Penticton, BC is a Studio unit found at The Arborwood priced from $1,400. Pandosy Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,450. Here is today’s list of the most affordable Penticton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The ArborwoodStudioStudio,1BA$1,400
Pandosy Square ApartmentsOne Bedroom1BR,1BA$1,450
Lakeview Pointe1 Beds, 1 Baths1BR,1BA$1,490
Penticton Sunburst1 Bedroom1BR,1BA$1,500
Penticton Brunswick Apartments1 Bedroom1BR,1BA$1,500

Best Value Apartments for Rent in Penticton, BC and Nearby

As of January 01, 2026 the best value apartment in the Penticton area is the $1.97 price per square foot 3 Bed Model at Westmin 795 in the starting from $2,995. The second greatest value Penticton apartment is the 2 Bed 2 Bath D Model at Glenmore Central starting at $2,050 with a $2.45 price per square foot . Here is today’s list of the best values for Penticton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Westmin 7953 Bed3BR,2.5BA$1.97
Glenmore Central2 Bed 2 Bath D2BR,2BA$2.45
Penticton Mainstreet Apartments3 bedroom3BR,1BA$2.53
The ConservatoryConservatory II 1 Bed 1 Bath B1BR,1BA$2.58
Pandosy Square ApartmentsOne Bedroom1BR,1BA$2.04
Penticton Sunburst1 Bedroom1BR,1BA$2.31
Proxima1 Beds, 1 Baths1BR,1BA$2.89
Lakeview Pointe1 Beds, 1 Baths1BR,1BA$2.47
Penticton Brunswick Apartments1 Bedroom1BR,1BA$2.50
The ArborwoodStudioStudio ,1BA$3.62

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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

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Frequently Asked Questions about Cheap Penticton Apartments

What is the Cheapest Studio apartment in Penticton?

Currently the most affordable Cheap Studio Apartment in Penticton is at The Arborwood listed at $1,400.

How much is rent for a Cheap One Bedroom Penticton Apartment?

The lowest price for a Cheap One Bedroom Penticton Apartment is $1,450 at Pandosy Square 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 $1,900 at Pandosy Square Apartments.

What is the most affordable Penticton Three Bedroom Apartment?

The best deal on a cheap Penticton Three Bedroom Apartment rental is at Penticton Mainstreet Apartments and starts from $1,900.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!