Cheap Apartments for Rent near Salt Spring Island, BC from $1,180 (57 Rentals)

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Search the lowest-cost Apartments available for rent right now in Salt Spring Island.

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.

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University Heights
Rent Specials
$1,825 - $3,605

Total Monthly Price

Base Rent$1,825 - $3,605
Total Monthly Price$1,825 - $3,605
Studio to 3 Bedroom Apartments Available Now

University Heights

3980 Shelbourne StVictoria, BC V8N 6J1
Student Housing
  • Verified
  • 3D Tour

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.

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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.

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property at 3615 Georgia St
$1,200

Total Monthly Price

Base Rent$1,200
Total Monthly Price$1,200
1 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

3615 Georgia St

RichmondBCV7E 2R9
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Wedgewood
$1,595 - $4,000Studio to 3 Bedroom Apartments

Wedgewood

1680 56 StDelta, BC V4L 2L6
  • Utilities Included
  • Smoke Free
property at 646 Admirals Rd
$1,595 - $2,550
1 To 3 Bedroom Rentals
Available Now
Affordability

646 Admirals Rd

VictoriaBCV9A 2N6

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.

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Aquarius Apartments
$1,600 - $2,200Studio to 2 Bedroom Apartments

Aquarius Apartments

215 Oswego StVictoria, BC V8V 2B5
  • Utilities Included
  • Smoke Free
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The James
$1,685 - $1,975Studio to 2 Bedroom Apartments

The James

345 Quebec StVictoria, BC V8V 1W4
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The Meridian
$1,695 - $2,5851 to 2 Bedroom Apartments

The Meridian

107 Evans StDuncan, BC V9L 1P5
  • Smoke Free
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Chelsea Place
$1,700 - $1,900Studio to 3 Bedroom Apartments

Chelsea Place

525 11th StNew Westminster, BC V3M 4G5
  • Utilities Included
  • Smoke Free
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Elmwood Terrace
$1,700 - $2,3001 to 2 Bedroom Apartments

Elmwood Terrace

1399 Stanley AveVictoria, BC V8S 3S5
  • Utilities Included
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The Wilson Block
$1,800 - $2,500Studio to 2 Bedroom Apartments

The Wilson Block

536 Herald StVictoria, BC V8W 1S6
  • Smoke Free
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8675 French
$1,809 - $2,629Studio to 2 Bedroom Apartments

8675 French

8675 French StVancouver, BC V6P 4W5
  • Utilities Included

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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Salt Spring Island, BC Local Guide

Cheapest Available Salt Spring Island Apartments for Rent and Nearby

 

The cheapest available apartment rental in Salt Spring Island, BC is a 5 Beds unit found at Neighbour priced from $1,300. Cedartree Village Apartments in the Surrey neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,425. Here is today’s list of the most affordable Salt Spring Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
NeighbourE15BR,3BA$1,300
Cedartree Village Apartments1 bedroom1BR,1BA$1,425
Drinkwater Place ApartmentsStudio/ 1 BathStudio,1BA$1,500
MarakaiA1 - StudioStudio,1BA$1,513
Bray Park ApartmentsStudio/ 1 BathStudio,1BA$1,584
Locale at Century CityStudioStudio,1BA$1,625
Belmont Place Apartments1 Bedroom, 1 Bath1BR,1BA$1,680
The JamesStudioStudio,1BA$1,685
The Meridian1 Bed, 1 bath1BR,1BA$1,695
Century VillageOne Bedroom1BR,1BA$1,700

Best Value Apartments for Rent in Salt Spring Island, BC and Nearby

As of September 13, 2026 the best value apartment in the Salt Spring Island area is the $2.24 price per square foot Townhouse - Type C Model at Wadams Farm in the starting from $3,100. The second greatest value Salt Spring Island apartment is the A2 Model at OVIS One starting at $2,800 with a $2.72 price per square foot . Here is today’s list of the best values for Salt Spring Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wadams FarmTownhouse - Type C3BR,3BA$2.24
OVIS OneA22BR,2BA$2.72
Bayview Gardens1371 Blackwood 2 Bed 1 Bath A2BR,1BA$2.45
Braywood Place Apartments2 Bed/ 2 Bath2BR,2BA$2.52
Glades on 552 Bed 1 Bath A2BR,1BA$2.01
Summerhill Place2 Bed 2 Bath 1820 B2BR,2BA$2.75
Christie Point2 Bedroom +1 Bath2BR,1BA$2.66
Mainstreet Duncan Apartments2 Bedroom2BR,1BA$2.33
8735 Selkirk8735 Selkirk - Plan I1BR,1BA$2.61
Cedartree Village Apartments1 bedroom1BR,1BA$2.44

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!

Explore Salt Spring Island, BC Rentals by Map

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See the most popular apartments and homes in Salt Spring Island, BC

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Frequently Asked Questions about Cheap Salt Spring Island Apartments

What is the Cheapest Studio apartment in Salt Spring Island?

Currently the most affordable Cheap Studio Apartment in Salt Spring Island is at Drinkwater Place Apartments listed at $1,500.

How much is rent for a Cheap One Bedroom Salt Spring Island Apartment?

The lowest price for a Cheap One Bedroom Salt Spring Island Apartment is $1,425 at Cedartree Village Apartments.

What is the lowest price for a Cheap Two Bedroom Salt Spring Island Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Salt Spring Island is starting from $1,750 at Mainstreet Duncan Apartments.

What is the most affordable Salt Spring Island Three Bedroom Apartment?

The best deal on a cheap Salt Spring Island Three Bedroom Apartment rental is at Century Village and starts from $2,400.

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.

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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.

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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.