Mission Flats
1469 K.L.O Rd,
Kelowna, BC V1W 3N8
1-3 Beds | $1,599 - $2,895
Rental Market Trends in Kelowna, BC
Updated July 2026
The average rent in Kelowna, BC is $1,793/month.
$1,793/month
Average Rent
454 Sq Ft
Average Size
+0.7%
Change / Year
612
Available Apartments
Kelowna rent varies by unit size and layout:
- Studio apartments in Kelowna average $1,549 per month.
- One-bedroom apartments in Kelowna average $1,793 per month.
- Two-bedroom apartments in Kelowna average $2,432 per month.
- Three-bedroom apartments in Kelowna average $3,713 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Kelowna, BC?
In the past year, rent has increased by 0.7%, which averages out to $13 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Kelowna, BC
July 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
12%
$1,001 - $1,500/month
53%
$1,501 - $2,000/month
34%
Above $2,000/month
What salary do I need to live comfortably in Kelowna, BC?
Because the average rent in Kelowna is $1,793, you’ll want to make about $5,976 per month or $71,712 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.
View the Kelowna Area GuideApartment Communities in Kelowna We Think You'll Love
Frequently Asked Questions
What is the average rent in Kelowna?
The average rent in Kelowna is $1,793 per month, which is 1.7% higher than the national average of $1,763.
What is the average rent for a house in Kelowna?
The average rent for a house in Kelowna, BC is $2,868 per month.
What is the average rent for a condo in Kelowna?
The average rent for a condo in Kelowna, BC is $1,664 per month.
Are rents going up or down in Kelowna?
Rents in Kelowna, BC are increasing, with prices up 0.7% year-over-year and $13 more per month.
What rent range is most common in Kelowna?
In Kelowna, BC, 53% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
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.