Affordable Rutland condos Kelowna
Rutland, Kelowna

Rutland Condos Under $500K

Kelowna's most affordable neighbourhood for condos. Starting from $220K with strong rental demand near UBCO. Perfect for first-time buyers and investors.

35+
Active Listings
$220K
Starting Price
$365K
Avg Under $500K
10 min
Near UBCO

Why Buy in Rutland?

If your goal is to get into the Kelowna market without breaking the bank, Rutland should be at the top of your list.

Most Affordable

Rutland consistently has the lowest condo prices in Kelowna. You'll find 1-beds starting around $220K and 2-beds under $400K.

UBCO Rental Demand

Located 10 minutes from UBC Okanagan, Rutland condos have strong rental demand from students and faculty.

Growing Area

New developments like Sole Rutland are bringing modern amenities. The area is rapidly improving with new shops and services.

Investment Friendly

Many buildings allow rentals with no restrictions. Cap rates are better here than downtown due to lower purchase prices.

Rutland Condos Under $500K

6 condos available. Sorted by price.

$219,900
Rutland

215-920 Saskatoon Road

1 bed1 bath550 sqft

Entry-level condo in Rutland - one of the most affordable options in Kelowna. Perfect for first-time buyers or investors seeking rental income near UBCO.

Affordable1 ParkingNear UBCO
$223,000
Rutland

314-669 Houghton Road

1 bed1 bath520 sqft

Budget-friendly 1-bedroom condo in Rutland. Great starter home or rental property with low monthly costs.

Budget-FriendlyLow StrataNear Transit
$248,500
Rutland

106-445 All Star Court

1 bed1 bath580 sqft

Affordable Rutland condo under $250K. Established building with solid strata. Walking distance to shops and transit.

Under $250KGround FloorNear Shops
$299,000
Rutland

406-780 Houghton Road

1 bed1 bath620 sqft

Just under $300K - spacious 1-bedroom in well-maintained Rutland building. Top floor unit with views.

Top FloorMountain ViewsUpdated
$385,000
Rutland

102-780 Houghton Road

2 bed2 bath920 sqft

Spacious 2-bedroom condo in Rutland under $400K. Ground floor with patio access. Great for families or roommates.

2 BedroomsGround FloorPatio
$459,000
Rutland

514-191 Hollywood Road

2 bed1 bath850 sqft

Nearly new 2021 construction in Rutland. Modern finishes, open layout, and contemporary design at an affordable price.

2021 BuildModern FinishesOpen Concept

What Your Money Gets in Rutland

$220K - $300K

Entry Level
  • • Studios and small 1-bedrooms (450-600 sqft)
  • • Buildings from 1970s-1990s
  • • May need cosmetic updates
  • • Great for investors or handy buyers

$300K - $400K

Sweet Spot
  • • Spacious 1-beds or smaller 2-beds (600-850 sqft)
  • • Mix of older updated units and newer construction
  • • Better finishes and amenities
  • • Most popular with first-time buyers

$400K - $500K

Premium
  • • Full 2-bedrooms (850-1,100 sqft)
  • • Newer builds (2015+) with modern finishes
  • • In-suite laundry, underground parking
  • • Some with A/C and building amenities

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