
Cheap Apartments for Rent in Penticton, BC from $1,250 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Penticton.


Penticton Mainstreet Apartments

Penticton Sunburst

Ellis Creek Townhouses

Lancaster Place

Alexandra Apartments
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.

Capitol Manor Apartments

120 Calgary Av

124 Calgary Av

391 Haynes St

511 Braid St

Forestbrook Apartments
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.

Glenmore Central

The Conservatory

Lakeview Pointe

Proxima

Pandosy Square Apartments

Fraser Manor Apartments
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.
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 | $1,508 | $1,250 | $1,650 |
| Penticton 1 Bedroom Apartments | $1,948 | $1,375 | $2,415 |
| Penticton 2 Bedroom Apartments | $2,529 | $1,795 | $2,925 |
| Penticton 3 Bedroom Apartments | $2,480 | $2,295 | $2,575 |
Browse Top Apartments in Penticton
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Penticton, BC Local Guide
- Nearby Cities
Cheapest Available Penticton Apartments for Rent and Nearby
 The cheapest available apartment rental in Penticton, BC is a Studio unit found at Penticton Brunswick Apartments priced from $1,100. Pandosy Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,375. Here is today’s list of the most affordable Penticton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Penticton Brunswick Apartments | Bachelor | Studio,1BA | $1,100 |
| Pandosy Square Apartments | One Bedroom | 1BR,1BA | $1,375 |
| Lakeview Pointe | 1 Beds, 1 Baths | 1BR,1BA | $1,495 |
| Penticton Mainstreet Apartments | 1 bedroom | 1BR,1BA | $1,550 |
| Penticton Sunburst | 1 Bedroom | 1BR,1BA | $1,550 |
Best Value Apartments for Rent in Penticton, BC and Nearby
As of August 27, 2026 the best value apartment in the Penticton area is the $2.53 price per square foot Conservatory II 2 Bed 2 Bath C Model at The Conservatory in the starting from $2,650. The second greatest value Penticton apartment is the 2 Bed 2 Bath F Model at Glenmore Central starting at $2,200 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Conservatory | Conservatory II 2 Bed 2 Bath C | 2BR,2BA | $2.53 |
| Glenmore Central | 2 Bed 2 Bath F | 2BR,2BA | $2.45 |
| Pandosy Square Apartments | One Bedroom | 1BR,1BA | $1.94 |
| Penticton Sunburst | 1 Bedroom | 1BR,1BA | $2.38 |
| Proxima | 1 Beds, 1 Baths | 1BR,1BA | $2.96 |
| Penticton Mainstreet Apartments | 2 bedroom | 2BR,1BA | $2.66 |
| Lakeview Pointe | 1 Beds, 1 Baths | 1BR,1BA | $2.48 |
| The Arborwood | 1 Bed 1 Bath | 1BR,1BA | $3.17 |
| THE AMBROSI | 1 Bed 1 Bath A | 1BR,1BA | $3.78 |
| Penticton Brunswick Apartments | Bachelor | Studio ,1BA | $2.75 |
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 $1,375 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 $1,700 at Penticton Brunswick Apartments.
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

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.

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.

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.

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.