
Cheap Apartments for Rent in Salt Spring Island, BC from $1,300 (72 Rentals)
Search the lowest-cost Apartments available for rent right now in Salt Spring Island.


Drinkwater Place Apartments

Glades on 55

Total Monthly Price
The Shelley

Cedartree Village

Century Village

Mainstreet Victoria Garden Apartments

Blair House

Bray Park Apartments

Hoylake Apartments
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.

Summerhill Place

Locale at Century City

Marakai

Belmont Place Apartments

The Spruce

Hudson House

Novare

Panorama Crossing

Crossing at Belmont

8675 French
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.

8735 Selkirk

Willoughby Walk

Total Monthly Price
University Heights

1373 West 73rd

3583 Kingsway

Yello on Yates

Cartier Street

Meridian

Chroma

The Blueprint Residences
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.

Horizon Towers

Bayview Gardens

Village at Thunderbird Centre

The Lorraine

Seaside Heights Mainstreet Apartments

The Overlook

The Duke

Aspire

Queens Garden Apartments

Inlet Glen Apartments
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.

Wall Shannon Mews

OVIS One

Parque on Park

The Vue

Edmonds Heights

Vista

855 Jervis

1580 Haro

3615 Georgia St

Century Village
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.
Salt Spring Island, BC Local Guide
How much does it cost to rent an apartment in Salt Spring Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Salt Spring Island Studio Apartments | $1,996 | $1,500 | $3,535 |
| Salt Spring Island 1 Bedroom Apartments | $2,261 | $1,525 | $4,490 |
| Salt Spring Island 2 Bedroom Apartments | $2,868 | $1,550 | $4,310 |
| Salt Spring Island 3 Bedroom Apartments | $3,263 | $1,525 | $4,795 |
| Salt Spring Island 4 Bedroom Apartments | $1,374 | $1,300 | $1,472 |
Browse Top Apartments in Salt Spring Island
See all Apartments in Salt Spring IslandExplore Salt Spring Island
Salt Spring Island, BC Local Guide
- Nearby Cities
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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Neighbour | E1 | 5BR,3BA | $1,300 |
| Drinkwater Place Apartments | Studio/ 1 Bath | Studio,1BA | $1,500 |
| Glades on 55 | 1 Bed 1 Bath A | 1BR,1BA | $1,525 |
| Mainstreet Victoria Garden Apartments | Bachelor | Studio,1BA | $1,550 |
| Cedartree Village | 1 bedroom | 1BR,1BA | $1,550 |
| The Shelley | C3 - 2 Bed | 2BR,2BA | $1,550 |
| Blair House | Bachelor | Studio,1BA | $1,570 |
| Bray Park Apartments | Studio/ 1 Bath | Studio,1BA | $1,584 |
| Hoylake Apartments | Bachelor A | Studio,1BA | $1,595 |
| Marakai | A2 - Studio | Studio,1BA | $1,649 |
Best Value Apartments for Rent in Salt Spring Island, BC and Nearby
As of June 14, 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 Two Bedroom Two Bathroom Plus Den Model at West Summit starting at $3,250 with a $2.79 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wadams Farm | Townhouse - Type C | 3BR,3BA | $2.24 |
| West Summit | Two Bedroom Two Bathroom Plus Den | 2BR,2BA | $2.79 |
| OVIS One | A2 | 2BR,2BA | $2.72 |
| Village at Thunderbird Centre | Two Bedroom | 2BR,2BA | $2.37 |
| Mainstreet Duncan Apartments | 2 Bedroom | 2BR,1BA | $2.20 |
| Century Village | 1bedroom | 1BR,1BA | $2.36 |
| Panorama Crossing | 1 Bedroom | 1BR,1BA | $2.80 |
| Glades on 55 | 1 Bed 1 Bath B | 1BR,1BA | $2.54 |
| Belmont Place Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $2.79 |
| Cedartree Village | 1 bedroom | 1BR,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.
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 Salt Spring Island, BC Rentals by Map
See the most popular apartments and homes in Salt Spring Island, BC
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 $1,525 at Glades on 55.
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 $1,550 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 $1,525.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.