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Apartments in Kelowna

1 - 5 of 5 Results
18
$1,790 - 2,285
Lakeview Pointe Kelowna Apartments
Deal
3623 Elliot Rd West Kelowna, BC
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
$1,500 - 2,500
500 Asher
R0500 - 500 Asher Rd Kelowna, BC
Studio - 2 BR | Available Now
Contact
Air Conditioning
Covered Parking
Surface Parking
In Unit Laundry
Balcony/Deck/Patio
$3,200
Usix-academy Way 3/3
222-695 Academy Way Kelowna, BC
3 BR | Ask for Availability
Contact
House
Air Conditioning
In Unit Laundry
Dishwasher
2
$1,700 - 2,590
The Perennial - 3352 Hemlock Street, Penticton
3352 Hemlock St Penticton, BC
1 - 3 BR | Available Now
Contact
Fitness Center
$1,475 - 2,275
New Modern Apartment Rentals In Penticton
123 Front St Penticton, BC
Studio - 2 BR | Available Now
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1 - 5 of 5 Results
  1. Home
  2. Kelowna

How much does it cost to rent an apartment in Kelowna?

Kelowna Apartments
Bed Type Average Rent Range
Studio $1,500 $1,480 - $1,500
1BR $1,750 $1,700 - $1,830
2BR $2,150 $2,000 - $2,330
3BR $2,550 $2,290 - $3,200
Frequently Asked Questions

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

Rentable.co has over 244 apartments available in Kelowna.

What is the average rent for a studio apartment in Kelowna, BC?

The average rent for a studio apartment in Kelowna is around $1,500 per month.

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 $1,750 per month.

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

The average rent for a two-bedroom apartment in Kelowna is around $2,150 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 $2,150 per month, which is higher than the national average of $1,650 per month.

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

Based on average rent prices in Kelowna, to afford a studio apartment you would need an annual household income of $60,000 to live comfortably.

Kelowna:
March Rent Report

Welcome to the March 2026 Kelowna Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 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

$2,350
$1,760
$1,180
$590
$0
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
Mar. 2026
1 BR       2 BR

Kelowna Rent Prices Decrease From February to March

Kelowna rent prices decreased over the last month. From February to March, 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 February to March, 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 $.

March 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.

March 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 March 1 BR M/M % Change 2 BR March 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.

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