907 Sutherland Ave
KelownaBCV1Y 5X6
Cheap Homes for Rent in Penticton, BC from $900 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Penticton.
2967-2967 Richter St
KelownaBCV1Y 0N1
690-690 Winnipeg St
PentictonBCV2A 5M9
720-720 K. L. O. Rd
KelownaBCV1Y 0M9
1480-1480 Flemish St
KelownaBCV1Y 3S1
1274-1274 Devonshire Ave
KelownaBCV1Y 6B7
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.
1488 Bertram St
KelownaBCV1Y0M6
830 Westview Way
West KelownaBCV1Z 0A5
3757 Astoria Dr
West KelownaBCV4T 0B1
598-598 Sutherland Ave
KelownaBCV1Y 5X1
925 Leon Ave
KelownaBCV1Y 0E5
2301-2301 Carrington Rd
West KelownaBCV4T 0E2
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.
Showing Results 1-12, Page 1 of 1
Penticton, BC Local Guide
How much does it cost to rent a home in Penticton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penticton 2 Bedroom Homes for Rent | $2,269 | $1,495 | $3,300 |
| Penticton 3 Bedroom Homes for Rent | $2,975 | $2,250 | $3,600 |
| Penticton 6 Bedroom Homes for Rent | $7,000 | $7,000 | $7,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Penticton, BC Local Guide
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Cheapest Available Penticton Apartments for Rent and Nearby
The cheapest available apartment rental in Penticton, BC is a 1 Bed unit found at Penticton Sunburst priced from $1,550. Penticton Brunswick Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,550. Here is today’s list of the most affordable Penticton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Penticton Sunburst | 1 Bedroom | 1BR,1BA | $1,550 |
| Penticton Brunswick Apartments | 1 Bedroom | 1BR,1BA | $1,550 |
| Penticton Mainstreet Apartments | 1 bedroom | 1BR,1BA | $1,550 |
| Lakeview Pointe | 1 Beds, 1 Baths | 1BR,1BA | $1,590 |
| THE AMBROSI | Studio A | Studio,1BA | $1,640 |
Best Value Apartments for Rent in Penticton, BC and Nearby
As of April 21, 2026 the best value apartment in the Penticton area is the $2.57 price per square foot 3 Bed 2 Bath A Model at Glenmore Central in the starting from $2,625. The second greatest value Penticton apartment is the Conservatory II 1 Bed 1 Bath B Model at The Conservatory starting at $1,975 with a $2.65 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. |
|---|---|---|---|
| Glenmore Central | 3 Bed 2 Bath A | 3BR,2BA | $2.57 |
| The Conservatory | Conservatory II 1 Bed 1 Bath B | 1BR,1BA | $2.65 |
| Penticton Sunburst | 1 Bedroom | 1BR,1BA | $2.38 |
| Proxima | 1 Beds, 1 Baths | 1BR,1BA | $2.96 |
| Penticton Brunswick Apartments | 1 Bedroom | 1BR,1BA | $2.58 |
| Penticton Mainstreet Apartments | 1 bedroom | 1BR,1BA | $2.58 |
| The Arborwood | 1 Bed 1 Bath | 1BR,1BA | $3.17 |
| Lakeview Pointe | 1 Beds, 1 Baths | 1BR,1BA | $3.21 |
| THE AMBROSI | Studio A | Studio ,1BA | $3.94 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleThe 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.
Read ArticleCash 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.
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.
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See the most popular apartments and homes in Penticton, BC
Frequently Asked Questions about Penticton
What type of rentals are currently available in Penticton?
There are currently 45 Apartments for Rent in Penticton, BC with pricing that ranges from $1,475 to $2,770. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penticton ranging from $900 to $7,000.
What is the current price range for Rental Homes in Penticton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Penticton ranges from $900 to $7,000 with an average monthly rent of $3,023.
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
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.