Cheap Apartments for Rent in Thetis Island, BC from $1,300 (74 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Thetis 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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
Mainstreet Duncan Apartments
$1,550 - $1,6501 to 2 Bedroom Apartments

Mainstreet Duncan Apartments

5801 Alderlea StDuncan, BC V9L 3V4
  • Utilities Included
  • Smoke Free
property at 501 Sixth St

$1,595

1 Bedroom Rentals

Available Now

501 Sixth St

NanaimoBCV9R 5W6
close
View Me
The James
$1,650 - $3,530Studio to 2 Bedroom Apartments

The James

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

Chelsea Place

525 11th StNew Westminster, BC V3M 4G5
  • Utilities Included
  • Smoke Free
close
View Me
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.

Read Article
Showing Results 1-50, Page 1 of 2

Thetis Island, BC Local Guide

Cheapest Available Thetis Island Apartments for Rent and Nearby

 

The cheapest available apartment rental in Thetis Island, BC is a Studio unit found at Locale at Century City priced from $1,313. 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 Thetis Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
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 Duncan Apartments2 Bedroom2BR,1BA$1,650
Camellia At The GardensStudioStudio,1BA$1,690
Rutherford Place ApartmentsOpen Plan One BedroomStudio,1BA$1,690
8675 FrenchStudio Promotional Price For12 Months*Studio,1BA$1,717
Hudson HouseA2 - StudioStudio,1BA$1,725
1373 West 73rd1 Bed Promotional price1BR,1BA$1,762

Best Value Apartments for Rent in Thetis Island, BC and Nearby

As of April 29, 2026 the best value apartment in the Thetis 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 Thetis Island apartment is the 1 Bedroom Den Model at Panorama Crossing starting at $1,975 with a $1.93 price per square foot . Here is today’s list of the best values for Thetis Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Century VillageSouthlands3BR,2.5BA$2.22
Panorama Crossing1 Bedroom Den1BR,1BA$1.93
Seafair2 Bed / 1.5 Bath • 980 SF2BR,1.5BA$2.55
Metro Pointe Burnabytwo bedrooms2BR,2BA$2.84
Inlet Glen ApartmentsJunior 2 Bed 2 Bath A2BR,2BA$3.12
Mainstreet Duncan Apartments2 Bedroom2BR,1BA$2.20
VistaOne Bedroom1BR,1BA$2.80
Bayview Gardens14989 Roper 1 Bed 1 Bath C1BR,1BA$2.94
Summerhill Place1 Bed 1 Bath 1820 A1BR,1BA$3.07
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.

Read Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Thetis Island, BC Rentals by Map

Decorative image of map

See the most popular apartments and homes in Thetis Island, BC

View Map
Thetis Island, BC Apartments Map
View Map
Thetis Island, BC Rental Homes Map

Frequently Asked Questions about Cheap Thetis Island Apartments

What is the Cheapest Studio apartment in Thetis Island?

Currently the most affordable Cheap Studio Apartment in Thetis Island is at Locale at Century City listed at $1,313.

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

The lowest price for a Cheap One Bedroom Thetis Island Apartment is $1,525 at Cedartree Village.

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

Today's best deal for a Cheap Two Bedroom Apartment in Thetis Island is starting from $1,650 at Mainstreet Duncan Apartments.

What is the most affordable Thetis Island Three Bedroom Apartment?

The best deal on a cheap Thetis Island Three Bedroom Apartment rental is at Drinkwater Place Apartments 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

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.