How many apartments are available in Kelowna, BC on Rentable.co?

Rentable.co has over 373 apartments available in Kelowna.

What is the average rent for a one-bedroom apartment in Kelowna, BC?

The average rent for a one-bedroom apartment in Kelowna is around $2,100 per month.

What is the average rent for a two-bedroom apartment in Kelowna, BC?

The average rent for a <a href='/kelowna-bc/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in Kelowna is around $2,100 per month.

How expensive is it to rent an apartment in Kelowna, BC?

For a two-bedroom apartment in Kelowna, the average rent price is $2,100 per month, which is higher than the national average of $1,640 per month.

Can I afford an apartment for rent in Kelowna, BC?

Based on average rent prices in Kelowna, to afford a one-bedroom apartment you would need an annual household income of $84,000 to live comfortably.

Apartments in Kelowna

Kelowna:
May Rent Report

Welcome to the May 2026 Kelowna Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Kelowna rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Kelowna and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Kelowna average rent prices in the chart below.

Monthly Rent Report

$2,150

$1,610

$1,080

$540

Jun. 2025

Jul. 2025

Aug. 2025

Sep. 2025

Oct. 2025

Nov. 2025

Dec. 2025

Jan. 2026

Feb. 2026

Mar. 2026

Apr. 2026

May. 2026

1 BR 2 BR

Kelowna Rent Prices Decrease From April to May

Kelowna rent prices decreased over the last month. From April to May, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Kelowna one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from April to May, Kelowna experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Kelowna two-bedroom apartments currently stands at $.

May Prices: Kelowna vs. Surrounding Areas

Rent Prices in Kelowna and Surrounding Areas

Rent prices have decreased in Kelowna over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Kelowna suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Kelowna suburbs
Rents did not decrease in any of the Kelowna suburbs.

May 2026 Pricing Trends: Kelowna vs. National Comparisons

Kelowna Rent Prices More Affordable Than Major Cities

Rent growth in Kelowna over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Kelowna average rent prices appear to be relatively affordable for local residents.

The price for a Kelowna one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Kelowna and surrounding area rent prices, take a look at the complete data set below.

Data set for Kelowna and suburbs

	1 BR May	1 BR M/M % Change	2 BR May	2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.