500 Asher
500 Asher Rd,
Kelowna, BC V1X 3H7
$1,575 - $2,500
Studio - 2 Beds
Rental Market Trends in Kelowna, BC
What is the average rent in Kelowna, BC?
$1,792/month
Average Rent
445 Sq Ft
Average Apartment Size
-2.1%
Decrease in the Last Year
As of June 2026, the average rent in Kelowna, BC was $1,792/month. When you rent an apartment in Kelowna, you can expect to pay as little as $1,557 to as much as $3,695, depending on the location and size of the apartment.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average 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 2.1%, which averages out to $36 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025
2026
Rent Ranges in Kelowna, BC
Last Updated June 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
10%
$1,001 - $1,500/month
53%
$1,501 - $2,000/month
37%
Above $2,000/month
What salary do I need to live comfortably in Kelowna, BC?
Because the average rent in Kelowna is $1,792, you’ll want to make about $5,973 per month or $71,676 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 neighbourhoods?
Use the tool below to compare Kelowna, BC to other nearby cities and neighbourhoods. The Apartments.com neighbourhood guides provide you with insight into the area’s transportation, things to do, and more.
Nearby City Rent Trends
Apartment communities in Kelowna we think you'll love
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.