Rental Market Trends in Kelowna, BC

What is the average rent in Kelowna, BC?

C$1,775/month

Average Rent

430 Sq Ft

Average Apartment Size

-1.1%

Decrease in the Last Year

As of September 2025, the average rent in Kelowna, BC was C$1,775/month. When you rent an apartment in Kelowna, you can expect to pay as little as C$1,408 to as much as C$3,095, depending on the location and size of the apartment.

Floor Plan Type

Average Rent

Average Sq Ft

Studio

C$1,408/month

201 Sq Ft

One Bedroom

C$1,775/month

430 Sq Ft

Two Bedroom

C$2,283/month

791 Sq Ft

Three Bedroom

C$3,095/month

1,300 Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

Four Bedroom

C$4,740/month

3,124 Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

One Bedroom

C$2,104/month

434 Sq Ft

Two Bedroom

C$3,229/month

804 Sq Ft

Three Bedroom

C$3,019/month

1,064 Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

How much has average rent changed in Kelowna, BC?

In the past year, rent has decreased by 1.1%, which averages out to C$20 less per month.

Percentage*

Rent Range

0% Below C$700/month

0% C$700 - C$1,000/month

8% C$1,001 - C$1,500/month

54% C$1,501 - C$2,000/month

38% Above C$2,000/month

What salary do I need to live comfortably in Kelowna, BC?

Because the average rent in Kelowna is C$1,775, you’ll want to make about C$5,916 per month or C$70,992 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

How does Kelowna, BC compare to other nearby cities and neighborhoods?

Use the tool below to compare Kelowna, BC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Kelowna, BC

Apartment Averages

Nearby City Rent Trends

Apartment communities in Kelowna we think you'll love

THE AMBROSI

1946 Ambrosi Rd,
Kelowna, BC V1Y 4R9

C$1,625 - C$3,595

Studio - 3 Beds

The Arborwood

155 Bryden Rd,
Kelowna, BC V1X 3Y5

C$1,725 - C$2,099

1-2 Beds

Lavida

2165 Benvoulin Crt,
Kelowna, BC V1W 0G9

C$1,575 - C$2,430

Studio - 2 Beds

Glenmore Central

724 Valley Rd,
Kelowna, BC V1V 0C2

C$1,780 - C$2,395

Studio - 3 Beds

Canada British Columbia Kelowna Rental Trends

Methodology

† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

* Percentages may not total 100 due to rounding.