Average rent in Penticton, BC
The average 1-bedroom rent in Penticton is $1,197 a month, and a 2-bedroom averages $1,511 (CMHC Rental Market Survey, October 2025).
What all renters pay (CMHC)
| Unit size | Average monthly rent |
|---|---|
| Studio | $933 |
| 1-bedroom | $1,197 |
| 2-bedroom | $1,511 |
| 3-bedroom+ | $2,117 |
| All units | $1,387 |
How Penticton compares
A studio here averages $933, 39% lower than the British Columbia average of $1,528, and 33% lower than Kelowna (44 km away) at $1,394.
| Unit size | Penticton | British Columbia | Kelowna |
|---|---|---|---|
| Studio | $933 | $1,528 | $1,394 |
| 1-bedroom | $1,197 | $1,683 | $1,597 |
| 2-bedroom | $1,511 | $2,053 | $2,098 |
| 3-bedroom+ | $2,117 | $2,415 | $2,713 |
Source: CMHC Rental Market Survey, Oct 2025: average rent by bedroom and survey zone (purpose-built, all tenants). These are averages for purpose-built rental apartments and include long-time tenants, so new leases are usually higher.
What people here told us
Community stats appear here once at least 5 people have checked their rent in Penticton, so no one can be identified.
By bedroom
- Studio rent in Penticton
- 1-bedroom rent in Penticton
- 2-bedroom rent in Penticton
- 3-bedroom+ rent in Penticton