
Cheap Apartments for Rent in Victoria, BC from $1,180 (82 Rentals)
Search the lowest-cost Apartments available for rent right now in Victoria.


Neighbour

971-971 Finlayson St

Gorge Apartments

Marakai

Mainstreet Victoria Garden Apartments

1204 Yates St

Tara Place Apartments

534-534 Yates St

Anondale Court
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.

Glencairn Apartments

Magnolia Manor

Valencia Apartments

Belmont Place Apartments

Graham House Apartments

Hudson House

290 Superior St

October Mansion

417-417 Vancouver St

Lord Harley
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.

Mayfair Manor Apartments

Niagara Court Apartments

Don Quadra Apartments

Terrace Green

2150 Cadboro Bay Rd

Princess Patricia Apartments

Royal Bay Apartments

Dominion Rocket

Nelson Lodge

Urbanité
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.

Gorge Apartments

Waverly Apartments

Gordreau Apartments

Tanhill Flats

1050 Pemberton

Gorge Apartments

1204 Yates Street Apartments

Shalamar Apartments

Tara Place Apartments

Vista Del Mar
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.

840 Fort Street

Aquarius Apartments

Olympic View Terrace

Croft House Apartments

The Dunsmuir Royale Apartments

Anondale Court

Gorge Apartments

The Verve

Magnolia Manor Apartments

Victor Apartments
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
How much does it cost to rent an apartment in Victoria?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Victoria Studio Apartments | $1,813 | $1,180 | $2,025 |
| Cheap Victoria 1 Bedroom Apartments | $2,218 | $1,400 | $2,825 |
| Cheap Victoria 2 Bedroom Apartments | $3,055 | $1,800 | $3,885 |
| Cheap Victoria 3 Bedroom Apartments | $3,246 | $2,360 | $4,795 |
| Cheap Victoria 4 Bedroom Apartments | $1,950 | $1,300 | $3,650 |
Browse Top Apartments in Victoria
See all Apartments in VictoriaExplore Victoria
Victoria, BC Local Guide
- Nearby Cities
Cheapest Available Victoria Apartments for Rent
 The cheapest available apartment rental in Victoria, BC is a Studio unit found at Dominion Rocket priced from $1,225. Neighbour has the second lowest priced unit, which is a 5 Beds apartment currently listed from $1,300. Here is today’s list of the most affordable Victoria apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dominion Rocket | Studio | Studio,1BA | $1,225 |
| Neighbour | E1 | 5BR,3BA | $1,300 |
| Gorge Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,465 |
| Marakai | A1 - Studio | Studio,1BA | $1,513 |
| 1204 Yates Street Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,550 |
| Tara Place Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,560 |
| 840 Fort Street | Studio, 1 Bathroom | Studio,1BA | $1,599 |
| The Dunsmuir Royale Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,600 |
| Anondale Court | 0 Beds, 1 Baths | Studio,1BA | $1,605 |
| Magnolia Manor Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,645 |
Best Value Apartments for Rent in Victoria, BC
As of September 06, 2026 the best value apartment in the Victoria area is the $2.23 price per square foot 2 Bedrooms + 2 Bathrooms Model at Aurora in the starting from $2,399. The second greatest value Victoria apartment is the 2 Beds, 1 Baths Model at Kamel Point Village Apartments starting at $2,395 with a $2.26 price per square foot . Here is today’s list of the best values for Victoria apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Aurora | 2 Bedrooms + 2 Bathrooms | 2BR,2BA | $2.23 |
| Kamel Point Village Apartments | 2 Beds, 1 Baths | 2BR,1BA | $2.26 |
| OVIS One | A2 | 2BR,2BA | $2.72 |
| Olympic View Terrace | 2 Bedroom | 2BR,1BA | $2.01 |
| Sentinel Apartments | 2 Beds, 1 Baths | 2BR,1BA | $2.34 |
| Terrace Green Apartments | 2 Beds, 1 Baths | 2BR,1BA | $2.67 |
| Christie Point | 2 Bedroom +1 Bath | 2BR,1BA | $2.66 |
| Belmont | 1 Bed 1 Bath | 1BR,1BA | $2.78 |
| James Bay Square | 1 Beds, 1 Baths | 1BR,1BA | $2.66 |
| Niagara Court Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.76 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 Victoria, BC Rentals by Map
See the most popular apartments and homes in Victoria, BC
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 $1,225.
How much is rent for a Cheap One Bedroom Victoria Apartment?
The lowest price for a Cheap One Bedroom Victoria Apartment is $1,680 at Belmont Place Apartments.
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 $1,950 at Olympic View Terrace.
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 $2,860.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.