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Rental Market Trends in Kelowna, BC

What is the average rent in Kelowna, BC?

$1,808/month

Average Rent

453 Sq Ft

Average Apartment Size

-0.7%

Decrease in the Last Year

As of June 2026, the average rent in Kelowna, BC was $1,808/month. When you rent an apartment in Kelowna, you can expect to pay as little as $1,563 to as much as $3,693, depending on the location and size of the apartment.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,563/month
226 Sq Ft
One Bedroom
$1,808/month
453 Sq Ft
Two Bedroom
$2,418/month
822 Sq Ft
Three Bedroom
$3,693/month
1,424 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,899/month
790 Sq Ft
Three Bedroom
$2,563/month
1,293 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,839/month
480 Sq Ft
Two Bedroom
$2,287/month
738 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,649/month
312 Sq Ft

How much has average rent changed in Kelowna, BC?

In the past year, rent has decreased by 0.7%, which averages out to $12 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
Market Trends Over Time
Rent Ranges in Kelowna, BC
Last Updated June 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Kelowna, BC
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 $1,808, you’ll want to make about $6,026 per month or $72,312 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.

City

Kelowna, BC

613 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Kelowna, BC

Apartment Averages

Apartment communities in Kelowna we think you'll love

The Marjorie

The Marjorie

2275 Pandosy St,
Kelowna, BC V1Y 1T1

$1,120 - $2,400

Studio - 1 Bed

Thera

Thera

3271 Hilltown Dr,
Kelowna, BC V1V 2R1

$1 - $3,870

Studio - 3 Beds

Mission Flats

Mission Flats

1469 K.L.O Rd,
Kelowna, BC V1W 3N8

$1,625 - $2,895

1-3 Beds

The Arborwood

The Arborwood

155 Bryden Rd,
Kelowna, BC V1X 3Y5

$1,650 - $2,099

1-2 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.

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Equal Housing Opportunity