Cheap Homes for Rent in Nanaimo, BC from C$1,100 (7 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Nanaimo.

property at 244 Selby St

244 Selby St

NanaimoBCV9R 2R3
property at 501 Sixth St

501 Sixth St

NanaimoBCV9R 5W6

Nanaimo, BC Local Guide

Cheapest Available Nanaimo Apartments for Rent

 

The cheapest available apartment rental in Nanaimo, BC is a Studio unit found at 244 Selby St priced from C$1,495. Summerhill Place has the second lowest priced unit, which is a Studio apartment currently listed from C$1,680. Here is today’s list of the most affordable Nanaimo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
244 Selby St0 Beds, 1 BathsStudio,1BAC$1,495
Summerhill PlaceBachelor 1805 CStudio,1BAC$1,680
Trilogy Residences1 Bed, 1 bath1BR,1BAC$1,750

Best Value Apartments for Rent in Nanaimo, BC

As of March 25, 2025 the best value apartment in the Nanaimo area is the C$2.09 price per square foot 2 Bed + Den Model at Dover Ridge in the starting from C$2,050. The second greatest value Nanaimo apartment is the 1 Bed, 1 bath Model at Trilogy Residences starting at C$1,750 with a C$3.26 price per square foot . Here is today’s list of the best values for Nanaimo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Dover Ridge2 Bed + Den3BR,1BAC$2.09
Trilogy Residences1 Bed, 1 bath1BR,1BAC$3.26
Summerhill PlaceBachelor 1805 CStudio ,1BAC$3.25

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Nanaimo

What type of rentals are currently available in Nanaimo?

There are currently 38 Apartments for Rent in Nanaimo, BC with pricing that ranges from C$1,680 to C$3,495. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nanaimo ranging from C$1,100 to C$7,700.

What is the current price range for Rental Homes in Nanaimo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Nanaimo ranges from C$1,100 to C$7,700 with an average monthly rent of C$2,971.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.