Cheap Apartments for Rent in Salt Spring Island, BC from $1,200 (66 Rentals)

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

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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The Shelley
Rent Specials
$1,750 - $1,950
Total Monthly Price

Total Monthly Price

Base Rent
$1,750 - $1,950
Total Monthly Price
$1,750 - $1,950
Studio to 2 Bedroom Apartments Available Now

The Shelley

3949 Shelbourne StVictoria, BC V8P 0A9
Student Housing
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  • 3D Tour
  • Smoke Free

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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University Heights
Rent Specials
$1,850 - $4,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,850 - $4,200
Total Monthly Price
$1,850 - $4,200
Studio to 3 Bedroom Apartments Available Now

University Heights

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

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.

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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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Mainstreet Duncan Apartments
$1,550 - $1,6501 to 2 Bedroom Apartments

Mainstreet Duncan Apartments

5801 Alderlea StDuncan, BC V9L 3V4
  • Utilities Included
  • Smoke Free
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Aquarius Apartments
$1,600 - $2,000Studio to 2 Bedroom Apartments

Aquarius Apartments

215 Oswego StVictoria, BC V8V 2B5
  • Utilities Included
  • Smoke Free
property at 841 Kindersley Rd

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650

1 Bedroom, 1 Bath Condo for Rent

Available Jun 1

841 Kindersley Rd

VictoriaBCV9A 4M9
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The James
$1,650 - $3,530Studio to 2 Bedroom Apartments

The James

345 Quebec StVictoria, BC V8V 1W4
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Chelsea Place
$1,675Studio to 3 Bedroom Apartments

Chelsea Place

525 11th StNew Westminster, BC V3M 4G5
  • Utilities Included
  • Smoke Free
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Camellia At The Gardens
$1,690 - $2,050Studio to 2 Bedroom Apartments

Camellia At The Gardens

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

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. Locale at Century City has the second lowest priced unit, which is a Studio apartment currently listed from $1,313. Here is today’s list of the most affordable Salt Spring Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
NeighbourE45BR,3BA$1,300
Locale at Century CityStudioStudio,1BA$1,313
Drinkwater Place ApartmentsStudio/ 1 BathStudio,1BA$1,500
Cedartree Village1 bedroom1BR,1BA$1,525
Blair HouseBachelorStudio,1BA$1,550
Mainstreet Victoria Garden ApartmentsBachelorStudio,1BA$1,550
Glades on 551 Bed 1 Bath A1BR,1BA$1,595
MarakaiA2 - StudioStudio,1BA$1,649
Mainstreet Duncan Apartments2 Bedroom2BR,1BA$1,650
Belmont Place Apartments1 Bedroom, 1 Bath1BR,1BA$1,680

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

As of April 30, 2026 the best value apartment in the Salt Spring Island area is the $2.22 price per square foot Southlands Model at Century Village in the starting from $3,550. The second greatest value Salt Spring Island apartment is the 3 Beds, 1 Baths Model at Parque on Park starting at $3,350 with a $2.22 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.
Century VillageSouthlands3BR,2.5BA$2.22
Parque on Park3 Beds, 1 Baths3BR,1BA$2.22
Wadams FarmTownhouse - Type C3BR,3BA$2.24
OVIS OneA22BR,2BA$2.72
Panorama Crossing1 Bedroom Den1BR,1BA$1.93
Seafair2 Bed / 1.5 Bath • 980 SF2BR,1.5BA$2.55
Village at Thunderbird CentreTwo Bedroom2BR,2BA$2.37
Mainstreet Duncan Apartments2 Bedroom2BR,1BA$2.20
Glades on 551 Bed 1 Bath A1BR,1BA$2.61
Cedartree Village1 bedroom1BR,1BA$2.61

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.

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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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Quick 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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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 Locale at Century City listed at $1,313.

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 $1,525 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 $1,650 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 Neighbour and starts from $1,375.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.

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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.

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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.