Cheap Apartments for Rent in Victoria, BC from $300 (29 Rentals)

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

property at 1039 View St

$1,460 - $1,795

Studio To 1 Bedroom Rentals

Available Now

Tara Place Apartments

1039 View St
VictoriaBCV8V 4V6

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 200 Gorge Rd W

$1,575 - $2,145

Studio To 2 Bedroom Rentals

Available Now

Gorge Towers

200 Gorge Rd W
VictoriaBCV9A 1M5
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2780 Spencer Road
$350 - $799Studio to 2 Bedroom Apartments

2780 Spencer Road

2780 Spencer RdVictoria, BC V9B 4C9
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Dominion Rocket
$1,350 - $1,750Studio 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
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Urbanité
$1,450 - $2,800Studio to 3 Bedroom Apartments

Urbanité

2560 Quadra StVictoria, BC V8T 0C4
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Tara Place Apartments
$1,460 - $1,795Studio to 1 Bedroom Apartments

Tara Place Apartments

1039 View StVictoria, BC V8V 4V6

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.

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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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1050 Pemberton
$1,5001 to 2 Bedroom Apartments

1050 Pemberton

1050 Pemberton RdVictoria, BC V8S 3R6
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Gordreau Apartments
$1,500 - $1,9001 to 2 Bedroom Apartments

Gordreau Apartments

129 Gorge Rd EVictoria, BC V9A 6Z3
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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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Shalamar Apartments
$1,550 - $2,100Studio to 2 Bedroom Apartments

Shalamar Apartments

2644 Prior StreetVictoria, BC V8T 3Y8
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Gorge Apartments
$1,560 - $2,400Studio to 2 Bedroom Apartments

Gorge Apartments

155-157 Gorge Rd EVictoria, BC V9A 6Y1
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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.

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Gorge Towers
$1,575 - $2,145Studio to 2 Bedroom Apartments

Gorge Towers

200 Gorge Rd EVictoria, BC V9A 1M5
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Peatt Commons East
$1,583 - $2,223Studio to 3 Bedroom Apartments

Peatt Commons East

821 Hockley AvVictoria, BC V9B 0Z9
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840 Fort Street
$1,599 - $1,789Studio to 1 Bedroom Apartments

840 Fort Street

840-846 Fort StVictoria, BC V8W 1H8
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Fern Oaks Manor
$1,600 - $1,9001 to 2 Bedroom Apartments

Fern Oaks Manor

625 Fernhill RdVictoria, BC V9A 4Y7
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Aquarius Apartments
$1,600 - $2,000Studio to 2 Bedroom Apartments

Aquarius Apartments

215 Oswego StVictoria, BC V8V 2B5
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Lindsay Place
$1,300 - $2,100Studio to 2 Bedroom Apartments

Lindsay Place

843 Craigflower RdEsquimalt, BC V9A 2W8
  • Utilities Included

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.

Victoria, BC Local Guide

Cheapest Available Victoria Apartments for Rent

 

The cheapest available apartment rental in Victoria, BC is a 1 Bed unit found at 2780 Spencer Road priced from $350. Neighbour has the second lowest priced unit, which is a 5 Beds apartment currently listed from $1,275. Here is today’s list of the most affordable Victoria apartments for rent:

Apartment ListingModel NameBed/BathPriced From
2780 Spencer RoadBachelor1BR,1BA$350
NeighbourE45BR,3BA$1,275
Dominion RocketStudioStudio,1BA$1,350
Tara Place Apartments0 Beds, 1 BathsStudio,1BA$1,460
1204 Yates Street Apartments0 Beds, 1 BathsStudio,1BA$1,495
Mainstreet Victoria Garden ApartmentsBachelorStudio,1BA$1,550
Gorge Towers0 Beds, 1 BathsStudio,1BA$1,575
Peatt Commons EastStudio + DenStudio,1BA$1,583
The Dunsmuir Royale Apartments0 Beds, 1 BathsStudio,1BA$1,590
840 Fort StreetStudio, 1 BathroomStudio,1BA$1,599

Best Value Apartments for Rent in Victoria, BC

As of April 17, 2026 the best value apartment in the Victoria area is the $0.04 price per square foot Bachelor Model at 2780 Spencer Road in the starting from $350. The second greatest value Victoria apartment is the 2 Beds, 1 Baths Model at Kamel Point Village Apartments starting at $2,420 with a $2.28 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.
2780 Spencer RoadBachelor1BR,1BA$0.04
Kamel Point Village Apartments2 Beds, 1 Baths2BR,1BA$2.28
OVIS OneA22BR,2BA$2.72
The Vue2 Bedrooms + 2 Bathrooms2BR,2BA$2.80
Sentinel Apartments1 Beds, 1 Baths1BR,1BA$2.73
Anondale Court1 Beds, 1 Baths1BR,1BA$2.79
Fern Oaks Manor1 bed 1 bath1BR,1BA$2.56
Royal Arcadia1 bed 1 bath1BR,1BA$2.72
Gorge Apartments1 Beds, 1 Baths1BR,1BA$2.73
Belmont Place Apartments1 Bedroom, 1 Bath1BR,1BA$2.79

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.

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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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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.

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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.

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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 $1,350.

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

The lowest price for a Cheap One Bedroom Victoria Apartment is $350 at 2780 Spencer Road.

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 $2,145 at Gorge Towers.

What is the most affordable Victoria Three Bedroom Apartment?

The best deal on a cheap Victoria Three Bedroom Apartment rental is at Neighbour and starts from $1,375.

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 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.

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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.

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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.