Cheap Homes for Rent in Salt Spring Island, BC from $1,400 (13 Rentals)

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

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
property at 1640 Kisber Av

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Home for Rent

Available Now

1640 Kisber Av

VictoriaBCV8P 2W6

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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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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

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

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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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Frequently Asked Questions about Salt Spring Island

What type of rentals are currently available in Salt Spring Island?

There are currently 109 Apartments for Rent in Salt Spring Island, BC with pricing that ranges from $1,275 to $4,795. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Salt Spring Island ranging from $1,450 to $4,500.

What is the current price range for Rental Homes in Salt Spring Island?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Salt Spring Island ranges from $1,450 to $4,500 with an average monthly rent of $2,942.

How much are larger Three and Four Bedroom Rentals in Salt Spring Island?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Salt Spring Island range from $1,375 to $4,795, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $4,500. Four Bedroom Single-Family rentals are also available starting from $4,200 and Four Bedroom Apartments start at $1,300.

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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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.