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Rental Market Trends in Penticton, BC

Updated August 2026

The average rent in Penticton, BC is $1,524/month.

$1,524/month

Average Rent

506 Sq Ft

Average Size

+0%

Change / Year

6

Available Apartments

Penticton rent varies by unit size and layout:

  • Studio apartments in Penticton average $1,101 per month.
  • One-bedroom apartments in Penticton average $1,524 per month.
  • Two-bedroom apartments in Penticton average $1,828 per month.
  • Three-bedroom apartments in Penticton average $2,479 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,101/month
221 Sq Ft
One Bedroom
$1,524/month
506 Sq Ft
Two Bedroom
$1,828/month
761 Sq Ft
Three Bedroom
$2,479/month
1,008 Sq Ft
View Penticton Apartments

How much has average rent changed in Penticton, BC?

Rents have remained stable over the past year, with little overall movement.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Penticton, BC

August 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Penticton, BC
Percentage*
Rent Range
0% Below $700/month
5% $700 - $1,000/month
26% $1,001 - $1,500/month
63% $1,501 - $2,000/month
5% Above $2,000/month

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

Because the average rent in Penticton is $1,524, you’ll want to make about $5,080 per month or $60,960 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

Penticton, BC

6 Available Apartments for Rent

Search for Nearby Apartments

How does Penticton, BC compare to other nearby cities and neighbourhoods?

Use the tool below to compare Penticton, 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.

Apartment Averages

Apartment Communities in Penticton We Think You'll Love

240 Yorkton Av

240 Yorkton Av

240 Yorkton Av,
Penticton, BC V2A 3V2

2 Beds | $2,301

175 Eckhardt Ave W

175 Eckhardt Ave W

175 Eckhardt Ave W,
Penticton, BC V2A 2A8

3 Beds | $2,000

110 Ellis St

110 Ellis St

110 Ellis St,
Penticton, BC V2A 4L3

1 Bed | $2,100

Penticton Mainstreet Apartments

Penticton Mainstreet Apartments

769 Winnipeg St,
Penticton, BC V2A 5N2

1 Bed | $1,550

Frequently Asked Questions

What is the average rent in Penticton?

The average rent in Penticton is $1,524 per month, which is 13.7% lower than the national average of $1,765.

Are rents going up or down in Penticton?

Rents in Penticton, BC are relatively stable, with minimal month-over-month change.

What rent range is most common in Penticton?

In Penticton, BC, 63% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

Canada British Columbia Penticton 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