Cheap Apartments for Rent in Vernon, BC from $1,200 (35 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Parkview Valley
Rent Specials
$1,649 - $2,775
Total Monthly Price

Total Monthly Price

Base Rent
$1,649 - $2,775

Total Monthly Price
$1,649 - $2,775
Studio to 3 Bedroom Apartments Available Now

Parkview Valley

2001 Benvoulin CrtKelowna, BC V1W 2C7
Family Friendly
  • Verified
  • Utilities Included
  • 3D Tour

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Buckland Manor Apartments
$1,475 - $1,925Studio to 2 Bedroom Apartments

Buckland Manor Apartments

445 Buckland AveKelowna, BC V1Y 5Z3
  • Utilities Included
property at 790 Irma Rd

$1,475

2 Bedroom Rentals

Available Now

790 Irma Rd

KelownaBCV1X 3Z7

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.

property at 1230 Ethel St

$1,525

2 Bedroom Rentals

Available Now

1230 Ethel St

KelownaBCV1Y 2W6

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.

property at 315 Hardie Rd

$1,750

2 Bedroom Rentals

Available Now

315 Hardie Rd

KelownaBCV1X 2G9
property at 210 Dell Rd

$1,800 - $2,600

2 To 3 Bedroom Rentals

Available Sep 1

210 Dell Rd

KelownaBCV1X 3P4

Vernon, BC Local Guide

Cheapest Available Vernon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Vernon, BC is a Studio unit found at The Marjorie priced from $1,208. The Woods at Willow Park has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here is today’s list of the most affordable Vernon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The MarjorieStudio AStudio,1BA$1,208
The Woods at Willow ParkStudio BStudio,1BA$1,300
LavidaStudio - A2 - BF - Building BStudio,1BA$1,369
Pandosy Square ApartmentsOne Bedroom1BR,1BA$1,375
Harvey HeightsB4 (Studio)Studio,1BA$1,425
Carrington Ridge Apartments1 Beds, 1 Baths1BR,1BA$1,455
Carrington View Apartments1 Beds, 1 Baths1BR,1BA$1,515
Lakeview Pointe1 Beds, 1 Baths1BR,1BA$1,520
The VibeB2 (Studio/ Jr. 1 Bed / 1 Bath)1BR,1BA$1,549
1110 Lawson AvOsoyoos | StudioStudio,1BA$1,550

Best Value Apartments for Rent in Vernon, BC and Nearby

As of August 09, 2026 the best value apartment in the Vernon area is the $2.60 price per square foot E1 (3 Bed / 2 Bath ) Model at The Vibe in the starting from $3,075. The second greatest value Vernon apartment is the Conservatory II 2 Bed 2 Bath C Model at The Conservatory starting at $2,550 with a $2.44 price per square foot . Here is today’s list of the best values for Vernon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The VibeE1 (3 Bed / 2 Bath )3BR,2BA$2.60
The ConservatoryConservatory II 2 Bed 2 Bath C2BR,2BA$2.44
Vernon City View Apartments2 bedroom2BR,1BA$2.14
Hilltop Manors II1 BR 1 BA1BR,1BA$2.50
Mill Creek Estates1 BR 1 BA1BR,1BA$2.50
Pandosy Square ApartmentsOne Bedroom1BR,1BA$1.94
Carrington View Apartments1 Beds, 1 Baths1BR,1BA$2.47
Lakeview Pointe1 Beds, 1 Baths1BR,1BA$2.52
Carrington Ridge Apartments1 Beds, 1 Baths1BR,1BA$2.45
Central1 Bedroom1BR,1BA$2.87

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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Real 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.

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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!

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Frequently Asked Questions about Cheap Vernon Apartments

What is the Cheapest Studio apartment in Vernon?

Currently the most affordable Cheap Studio Apartment in Vernon is at The Marjorie listed at $1,208.

How much is rent for a Cheap One Bedroom Vernon Apartment?

The lowest price for a Cheap One Bedroom Vernon Apartment is $1,375 at Pandosy Square Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Vernon is starting from $1,650 at Vernon City View Apartments.

What is the most affordable Vernon Three Bedroom Apartment?

The best deal on a cheap Vernon Three Bedroom Apartment rental is at Lakeview Pointe and starts from $2,295.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.