2283 Hudson Ter
SookeBCV9Z 1R2
Cheap Homes for Rent in Oak Bay, BC from C$1,600 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Oak Bay.
6865-6865 Grant Rd W
SookeBCV9Z 0L7
1255 Grant St
VictoriaBCV8T 1C1
850-850 Rupert Terrace
VictoriaBCV8W 2K2
1029 View StUnit 304 Vw
VictoriaBCV8V 0C9
535 Fisgard St
VictoriaBCV8W 1R4
534 Pandora Ave
VictoriaBCV8W 1R3
827 N Park St
VictoriaBCV8W 3Y3
409 Swift St
VictoriaBCV8W 1V4
1301 Hillside Ave
VictoriaBCV8T 0E3
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
1018 Inverness Rd
VictoriaBCV8X 2S1
524 Yates St
VictoriaBCV8W 1K8
728 Yates St
VictoriaBCV8W 0C8
760 Johnson St
VictoriaBCV8W 0A4
528 Pandora Ave
VictoriaBCV8W 1N6
456 Pandora Ave
VictoriaBCV8W 3L5
595 Pandora Ave
VictoriaBCV8W 1N5
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Oak Bay, BC Local Guide
How much does it cost to rent a home in Oak Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oak Bay 2 Bedroom Homes for Rent | C$3,685 | C$1,600 | C$5,000 |
| Oak Bay 3 Bedroom Homes for Rent | C$5,500 | C$5,500 | C$5,500 |
Browse Top Homes for Rent in Oak Bay
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Oak Bay, BC Local Guide
- Nearby Cities
Cheapest Available Oak Bay Apartments for Rent and Nearby
The cheapest available apartment rental in Oak Bay, BC is a 1 Bed unit found at Pacific Shores priced from C$1,750. Elmwood Terrace has the second lowest priced unit, which is a 2 Beds apartment currently listed from C$2,100. Here is today’s list of the most affordable Oak Bay apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pacific Shores | 1 Bed Plus Den | 1BR,1BA | C$1,750 |
| Elmwood Terrace | 2 Bed 1 Bath | 2BR,1BA | C$2,100 |
| 1204 Yates Street Apartments | 2 Beds, 1 Baths | 2BR,1BA | C$2,350 |
| Belmont | 1 Bed 1 Bath | 1BR,1BA | C$2,600 |
Best Value Apartments for Rent in Oak Bay, BC and Nearby
As of April 18, 2025 the best value apartment in the Oak Bay area is the C$2.21 price per square foot 2 Bed 1 Bath Model at Elmwood Terrace in the starting from C$2,100. The second greatest value Oak Bay apartment is the 1 Bed 1 Bath Model at Belmont starting at C$2,600 with a C$2.74 price per square foot . Here is today’s list of the best values for Oak Bay apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Elmwood Terrace | 2 Bed 1 Bath | 2BR,1BA | C$2.21 |
| Belmont | 1 Bed 1 Bath | 1BR,1BA | C$2.74 |
| 1204 Yates Street Apartments | 2 Beds, 1 Baths | 2BR,1BA | C$2.73 |
| Pacific Shores | 1 Bed Plus Den | 1BR,1BA | C$2.61 |
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Frequently Asked Questions about Oak Bay
What type of rentals are currently available in Oak Bay?
There are currently 164 Apartments for Rent in Oak Bay, BC with pricing that ranges from C$2,500 to C$5,633. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oak Bay ranging from C$1,600 to C$5,500.
What is the current price range for Rental Homes in Oak Bay?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oak Bay ranges from C$1,600 to C$5,500 with an average monthly rent of C$3,524.
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.
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.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
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.
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.