Cheap Apartments for Rent in Victoria, BC from $400 (56 Rentals)

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

property at 1204 Yates St

$1,550 - $2,395

Studio To 2 Bedroom Rentals

Available Now

1204 Yates St

VictoriaBCV8V 4V1
property at 180 Croft St

$1,595 - $1,795

Studio To 1 Bedroom Rentals

Available Now

Terrace Green

180 Croft St
VictoriaBCV8V 4R4
property at 3244 Quadra St

$1,595 - $2,575

Studio To 2 Bedroom Rentals

Available Now

Don Quadra Apartments

3244 Quadra St
VictoriaBCV8X 1G2
property at 443 Superior St

$1,605 - $1,795

Studio To 1 Bedroom Rentals

Available Now

Anondale Court

443 Superior St
VictoriaBCV8V 4S7

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.

property at 477 Superior St

$1,610 - $1,830

Studio To 1 Bedroom Rentals

Available Now

Glencairn Apartments

477 Superior St
VictoriaBCV8V 1T5
property at 660 Niagara St

$1,665 - $1,975

Studio To 1 Bedroom Rentals

Available Now

Valencia Apartments

660 Niagara St
VictoriaBCV8V 1J2
property at 3220 Quadra St

$1,695 - $2,325

Studio To 2 Bedroom Rentals

Available Now

Lord Harley

3220 Quadra St
VictoriaBCV8X 1G4
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Royal Bay Apartments
$1,222 - $3,400Studio to 3 Bedroom Apartments

Royal Bay Apartments

3621 Producers WayVictoria, BC V9C 0N9
  • Utilities Included
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Dominion Rocket
$1,250 - $1,595Studio to 2 Bedroom Apartments

Dominion Rocket

759 Yates StVictoria, BC V8W 1L4
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Nelson Lodge
$1,400 - $1,650Studio to 2 Bedroom Apartments

Nelson Lodge

1337 Saunders StVictoria, BC V9A 4Y3

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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Urbanité
$1,450 - $1,550Studio to 3 Bedroom Apartments

Urbanité

2560 Quadra StVictoria, BC V8T 0C4
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1050 Pemberton
$1,5001 to 2 Bedroom Apartments

1050 Pemberton

1050 Pemberton RdVictoria, BC V8S 3R6
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Tanhill Flats
$1,500 - $2,200Studio to 3 Bedroom Apartments

Tanhill Flats

906 Brock AveVictoria, BC V9B 0B6
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Gordreau Apartments
$1,500 - $1,9001 to 2 Bedroom Apartments

Gordreau Apartments

129 Gorge Rd EVictoria, BC V9A 6Z3
  • Utilities Included
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Waverly Apartments
$1,500 - $1,850Studio to 2 Bedroom Apartments

Waverly Apartments

125 Croft StVictoria, BC V8V 2E7
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Gorge Apartments
$1,525 - $2,400Studio to 2 Bedroom Apartments

Gorge Apartments

155-157 Gorge Rd EVictoria, BC V9A 6Y1
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Shalamar Apartments
$1,550 - $2,100Studio to 2 Bedroom Apartments

Shalamar Apartments

2644 Prior StreetVictoria, BC V8T 3Y8
  • Utilities Included
  • Smoke Free
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Vista Del Mar
$1,595 - $2,395Studio to 2 Bedroom Apartments

Vista Del Mar

1378 Lyall StVictoria, BC V9A
  • Utilities Included

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.

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Don Quadra Apartments
$1,595 - $2,575Studio to 2 Bedroom Apartments

Don Quadra Apartments

3244 Quadra StVictoria, BC V8X 1G2
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Croft House Apartments
$1,600 - $2,0001 to 2 Bedroom Apartments

Croft House Apartments

128 Croft StVictoria, BC V8V 2E6
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Aquarius Apartments
$1,600 - $2,200Studio to 2 Bedroom Apartments

Aquarius Apartments

215 Oswego StVictoria, BC V8V 2B5
  • Utilities Included
  • Smoke Free
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Olympic View Terrace
$1,600 - $2,200Studio to 2 Bedroom Apartments

Olympic View Terrace

885 Craigflower RdVictoria, BC V9A 2X4
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Anondale Court
$1,605 - $1,795Studio to 2 Bedroom Apartments

Anondale Court

443 Superior StVictoria, BC V8V 4S7
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The James
$1,625 - $4,095Studio to 2 Bedroom Apartments

The James

345 Quebec StVictoria, BC V8V 1W4
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Gorge Apartments
$1,640Studio to 2 Bedroom Apartments

Gorge Apartments

243 Gorge Rd EVictoria, BC V9A 1L6
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The Verve
$1,641 - $2,332Studio to 2 Bedroom Apartments

The Verve

3381 Whittier AveVictoria, BC V8Z 3P9
Furnished
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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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840 Fort Street
$1,649 - $1,789Studio to 1 Bedroom Apartments

840 Fort Street

840-846 Fort StVictoria, BC V8W 1H8
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Victor Apartments
$1,660 - $2,400Studio to 2 Bedroom Apartments

Victor Apartments

976 Humboldt StVictoria, BC V8V 2Z8
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Valencia Apartments
$1,665 - $1,975Studio to 2 Bedroom Apartments

Valencia Apartments

660 Niagara StVictoria, BC V8V 1J2
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Dahli Place
$1,6752 Bedroom Apartments

Dahli Place

35 Gorge Rd EVictoria, BC V9A 1K7
  • Smoke Free
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Elmwood Terrace
$1,700 - $2,3001 to 2 Bedroom Apartments

Elmwood Terrace

1399 Stanley AveVictoria, BC V8S 3S5
  • Utilities Included
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Station Street Apartments
$1,700 - $2,550Studio to 2 Bedroom Apartments

Station Street Apartments

2885 Jacklin RdVictoria, BC V9B 3Y3
  • Utilities Included
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Oaklands Manor
$1,7001 Bedroom Apartments

Oaklands Manor

2797 Cedar Hill RdVictoria, BC V8T 3H5
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Skyline Apartments
$1,700 - $2,2001 to 2 Bedroom Apartments

Skyline Apartments

2925 Qu'appelle StVictoria, BC V9A 1V3
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Robert Leslie Place
$1,700 - $3,2001 to 3 Bedroom Apartments

Robert Leslie Place

500 Rithet StreetVictoria, BC V8V 1E3
  • 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.

Victoria, BC Local Guide

Cheapest Available Victoria Apartments for Rent

 

The cheapest available apartment rental in Victoria, BC is a Studio unit found at Dominion Rocket priced from $1,250. Neighbour has the second lowest priced unit, which is a 4 Beds apartment currently listed from $1,300. Here is today’s list of the most affordable Victoria apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Dominion RocketStudioStudio,1BA$1,250
NeighbourD44BR,3BA$1,300
Tara Place Apartments0 Beds, 1 BathsStudio,1BA$1,515
1204 Yates Street Apartments0 Beds, 1 BathsStudio,1BA$1,550
Don Quadra Apartments0 Beds, 1 BathsStudio,1BA$1,595
Terrace Green Apartments0 Beds, 1 BathsStudio,1BA$1,595
The Dunsmuir Royale Apartments0 Beds, 1 BathsStudio,1BA$1,600
Anondale Court0 Beds, 1 BathsStudio,1BA$1,605
The JamesStudioStudio,1BA$1,625
840 Fort StreetStudio, 1 BathroomStudio,1BA$1,649

Best Value Apartments for Rent in Victoria, BC

As of August 16, 2026 the best value apartment in the Victoria area is the $2.37 price per square foot 2 Bedrooms + 2 Bathrooms Model at Aurora in the starting from $2,560. The second greatest value Victoria apartment is the 2 Beds, 1 Baths Model at Kamel Point Village Apartments starting at $2,390 with a $2.25 price per square foot . Here is today’s list of the best values for Victoria apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Aurora2 Bedrooms + 2 Bathrooms2BR,2BA$2.37
Kamel Point Village Apartments2 Beds, 1 Baths2BR,1BA$2.25
OVIS OneA22BR,2BA$2.72
Robert Leslie Place2 bed 1 bath2BR,1BA$2.11
Sansar Apartments2 Beds, 1 Baths2BR,1BA$2.67
Ravenline Estates Apartments2 Bed - 2 bath2BR,2BA$2.53
Royal Arcadia2 bed 1 bath2BR,1BA$2.55
Gorge Apartments1 Beds, 1 Baths1BR,1BA$2.19
Sentinel Apartments1 Beds, 1 Baths1BR,1BA$2.64
Elmwood Terrace1 bed plus den1BR,1BA$2.68

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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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!

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Frequently Asked Questions about Cheap Victoria Apartments

What is the Cheapest Studio apartment in Victoria?

Currently the most affordable Cheap Studio Apartment in Victoria is at Dominion Rocket listed at $1,250.

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

The lowest price for a Cheap One Bedroom Victoria Apartment is $1,595 at Dominion Rocket.

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

Today's best deal for a Cheap Two Bedroom Apartment in Victoria is starting from $1,900 at Robert Leslie Place.

What is the most affordable Victoria Three Bedroom Apartment?

The best deal on a cheap Victoria Three Bedroom Apartment rental is at The Blueprint Residences and starts from $2,905.

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.