6865-6865 Grant Rd W
SookeBCV9Z 0L7
Cheap Homes for Rent in Victoria, BC from $1,500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Victoria.
665-665 Admirals Rd
VictoriaBCV9A 2N6
841 Kindersley Rd
VictoriaBCV9A 4M9
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.
1640 Kisber Av
VictoriaBCV8P 2W6
2626 Cook St
VictoriaBCV8T 3S1
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$1,874Studio Apartments Available Now
562 Yates St, Unit SI ID1051949P
562 Yates StVictoria, BC V8W 1K8
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.
1005 Arngask Ave
VictoriaBCV9B 0G4
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Victoria, BC Local Guide
How much does it cost to rent a home in Victoria?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Victoria 2 Bedroom Homes for Rent | $2,409 | $1,975 | $4,500 |
| Victoria 3 Bedroom Homes for Rent | $3,610 | $2,550 | $4,500 |
| Victoria 4 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Victoria, BC Local Guide
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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 $1,300. Here is today’s list of the most affordable Victoria apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2780 Spencer Road | Bachelor | 1BR,1BA | $350 |
| Neighbour | E4 | 5BR,3BA | $1,300 |
| Dominion Rocket | Studio | Studio,1BA | $1,350 |
Best Value Apartments for Rent in Victoria, BC
As of May 03, 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 $2,415 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2780 Spencer Road | Bachelor | 1BR,1BA | $0.04 |
| Kamel Point Village Apartments | 2 Beds, 1 Baths | 2BR,1BA | $2.28 |
| OVIS One | A2 | 2BR,2BA | $2.72 |
| Elmwood Terrace | 2 Bed 1 Bath | 2BR,1BA | $2.21 |
| Sentinel Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.73 |
| Anondale Court | 1 Beds, 1 Baths | 1BR,1BA | $2.79 |
| Fern Oaks Manor | 1 bed 1 bath | 1BR,1BA | $2.56 |
| Gorge Apartments | 1 Beds, 1 Baths | 1BR,1BA | $2.65 |
| Belmont Place Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $2.79 |
| Peatt Commons East | Studio + Den | Studio ,1BA | $2.77 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article
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 ArticleDon'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 ArticleThe 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 ArticleCash 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 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.
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Explore Victoria, BC Rentals by Map
See the most popular apartments and homes in Victoria, BC
Frequently Asked Questions about Victoria
What type of rentals are currently available in Victoria?
There are currently 533 Apartments for Rent in Victoria, BC with pricing that ranges from $1,100 to $4,795. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Victoria ranging from $1,500 to $4,500.
What is the current price range for Rental Homes in Victoria?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Victoria ranges from $1,500 to $4,500 with an average monthly rent of $3,001.
How much are larger Three and Four Bedroom Rentals in Victoria?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Victoria range from $1,375 to $4,795, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,550 to $4,500. Four Bedroom Single-Family rentals are also available starting from $4,200 and Four Bedroom Apartments start at $1,300.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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.
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.
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.