Cheap Apartments for Rent in Salt Spring Island, BC from $1,200 (60 Rentals)

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

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Drinkwater Place Apartments
$1,500 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $2,500
Total Monthly Price
$1,500 - $2,500
Studio to 3 Bedroom Apartments Available Now

Drinkwater Place Apartments

4019 Hiddenluck StNorth Cowichan, BC V9L 6C6
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  • Utilities Included
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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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The Wilson Block
$1,800 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,800 - $2,500
Total Monthly Price
$1,800 - $2,500
Studio Apartments Contact Us For Availability

The Wilson Block

536 Herald StVictoria, BC V8W 1S6
Affordability
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University Heights
Rent Specials
$1,850 - $4,275
Total Monthly Price

Total Monthly Price

Base Rent
$1,850 - $4,275
Total Monthly Price
$1,850 - $4,275
Studio to 3 Bedroom Apartments Available Now

University Heights

1520 McKenzie AveVictoria, BC V8N 3B7
Student Housing
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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.

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property at 1255-1255 Grant St

$1,495 - $1,695

Studio To 1 Bedroom Rentals

Available Now

1255-1255 Grant St

VictoriaBCV8T 1C1
property at 646 Admirals Rd

$1,595 - $1,895

1 To 2 Bedroom Rentals

Available Feb 1

646 Admirals Rd

VictoriaBCV9A 2N6
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Aquarius Apartments
$1,600 - $2,000Studio to 2 Bedroom Apartments

Aquarius Apartments

215 Oswego StVictoria, BC V8V 2B5
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The James
$1,750 - $2,605Studio to 2 Bedroom Apartments

The James

345 Quebec StVictoria, BC V8V 1W4
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Camellia At The Gardens
$1,750 - $2,000Studio to 2 Bedroom Apartments

Camellia At The Gardens

10820 No. 5 RdRichmond, BC V6W 0B5
  • Utilities Included
  • Smoke Free

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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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 $1,275. Drinkwater Place Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,500. Here is today’s list of the most affordable Salt Spring Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
NeighbourE45BR,3BA$1,275
Drinkwater Place ApartmentsStudio/ 1 BathStudio,1BA$1,500
Mainstreet Victoria Garden ApartmentsBachelorStudio,1BA$1,525
Cedartree Village1 bedroom1BR,1BA$1,550
Marakai Colwood0 Bedroom(s) and 1 Bathroom(s)Studio,1BA$1,569
Blair HouseBachelorStudio,1BA$1,570
Panorama CrossingStudioStudio,1BA$1,595
The ShelleyC2 - 2 Bed2BR,2BA$1,600
Summerhill Place1 Bed 1 Bath 1820 B1BR,1BA$1,625
Mainstreet Duncan Apartments2 Bedroom2BR,1BA$1,650

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

As of January 30, 2026 the best value apartment in the Salt Spring Island area is the $2.09 price per square foot 2 Bed 1 Bath A Model at Glades on 55 in the in the Surrey Langley White Rock neighborhood starting from $1,925. The second greatest value Salt Spring Island apartment is the Two Bedroom Model at Village at Thunderbird Centre starting at $2,395 with a $2.76 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.
Glades on 552 Bed 1 Bath A2BR,1BA$2.09
Village at Thunderbird CentreTwo Bedroom2BR,2BA$2.76
Westview2 Bdr 1 Bath2BR,1BA$2.83
Mainstreet Duncan Apartments2 Bedroom2BR,1BA$2.20
Century Village1bedroom1BR,1BA$2.37
Woodland PlaceN1BR,1BA$2.75
Willoughby Walk1 Beds, 1 Baths1BR,1BA$3.02
Elmwood Terrace1 Bed 1 Bath1BR,1BA$2.72
Belmont Place Apartments1 Bedroom, 1 Bath1BR,1BA$2.82
Cedartree Village1 bedroom1BR,1BA$2.65

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

Explore Salt Spring Island, BC Rentals by Map

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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 $1,550 at Cedartree Village.

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 $1,600 at The Shelley.

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 Neighbour and starts from $1,675.

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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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.

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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.

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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.