Apartments in Kelowna

1 - 5 of 5 Results
18
$1,675 - 2,400
3623 Elliot Rd West Kelowna, BC
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
$1,850
Ph18-655 Academy Way Kelowna, BC
2 BR | Ask for Availability
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$3,600
232-625 Academy Way Kelowna, BC
3 BR | Ask for Availability
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Air Conditioning
$3,600
1-610 Academy Way Kelowna, BC
3 BR | Ask for Availability
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In Unit Laundry
Dishwasher
$3,200
605-1471 St Paul St Kelowna, BC
2 BR | Ask for Availability
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Air Conditioning
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How much does it cost to rent an apartment in Kelowna?

Kelowna Apartments
Bed Type Average Rent Range
2BR $1,990 $1,850 - $3,200
3BR $3,600 $2,400 - $3,600

Kelowna:
November Rent Report

Welcome to the November 2024 Kelowna Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Kelowna rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Kelowna and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Kelowna average rent prices in the chart below.

Monthly Rent Report

$2,850
$2,140
$1,430
$710
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Kelowna Rent Prices Increase From October to November

Kelowna rent prices increased over the last month. From October to November, the city experienced a 5.74% increase for the price of a one-bedroom apartment. The rent price for a Kelowna one-bedroom apartments currently stands at $1,916.0.

When we take a look at the two-bedroom comparison from October to November, Kelowna experienced a -1.24% decrease for the price of a two-bedroom apartment. The rent price for a Kelowna two-bedroom apartments currently stands at $2,625.0.

November Prices: Kelowna vs. Surrounding Areas

Rent Prices in Kelowna and Surrounding Areas

Rent prices have increased in Kelowna over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Kelowna suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Kelowna suburbs

  • Rents did not decrease in any of the Kelowna suburbs.

November 2024 Pricing Trends: Kelowna vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Kelowna Rent Prices More Affordable Than Major Cities

Rent growth in Kelowna over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Kelowna average rent prices appear to be relatively affordable for local residents.

The price for a Kelowna one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Kelowna and surrounding area rent prices, take a look at the complete data set below.

Data set for Kelowna and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.