Average rent in Penticton for a studio (2026)
Across all renters, including long-time tenants, the average is $933 (CMHC, October 2025).
| Benchmark | Studio |
|---|---|
| All renters (CMHC, Oct 2025) | $933 |
At $933, a studio in Penticton is 39% below the British Columbia average ($1,528), and 33% below Kelowna, 44 km away ($1,394).
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 for a studio in Penticton, so no one can be identified.
Check your Penticton studio rent in 10 seconds →Common questions
What is the average studio rent in Penticton?
The average studio rent across all renters in Penticton is $933 a month (CMHC Rental Market Survey, October 2025). It includes long-time tenants, so it runs below what new renters are asked.
How do I know if I'm overpaying for a studio in Penticton?
If you moved in 2024 or later, compare with the asking rent; if earlier, compare with the CMHC average. Our free check does this for you in about 10 seconds and shows how you compare with others who checked.