Under your rent
$599,000
~$2,839/mo
i2482 Alexandria Way
West Kelowna · Residential
3 bd
3 ba
2,489 sqft
$241/sqft
Built 1990
MLS® 10397678
Coldwell Banker Executives Realty
Rent vs mortgage
$4,000 a month in rent buys a $844,000 home in West Kelowna
That is what a 4000-a-month rent carries as a mortgage at 5.19%, with 20% down over a 25-year amortization. Covering property tax, strata and insurance inside the same monthly budget, the matching price is about $695,000. Here are the 398 West Kelowna homes on the market at or under it right now.
Purchase price
$844,000
Down payment
$169,000
All-in monthly
$4,708/mo
Matching homes
398
West Kelowna homes your $4,000 rent could own
Under your rent
17
$699,000
~$3,313/mo
iLot 59 Malbec Place
West Kelowna · Land
MLS® 10396155
Royal LePage Kelowna Paquette Realty
Under your rent
35
$315,000
~$1,493/mo
i#15 – 3206 Shannon Lake Road
West Kelowna · Residential
2 bd
2 ba
1,340 sqft
$235/sqft
Built 1978
MLS® 10398655
REMAX Kelowna
Under your rent
Open House on Thu, 12pm–3pm
43
$759,900
~$3,602/mo
i#503 – 2760 Olalla Road
West Kelowna · Residential
2 bd
2 ba
1,129 sqft
$673/sqft
Built 2025
MLS® 10397177
REMAX Kelowna
Under your rent
Open House on Thu, 12pm–3pm
43
$749,900
~$3,554/mo
i#403 – 2760 Olalla Road
West Kelowna · Residential
2 bd
2 ba
1,129 sqft
$664/sqft
Built 2025
MLS® 10397166
REMAX Kelowna
Under your rent
Open House on Thu, 12pm–3pm
43
$599,900
~$2,843/mo
i#104 – 2780 Olalla Road
West Kelowna · Residential
2 bd
2 ba
1,031 sqft
$582/sqft
Built 2025
MLS® 10396425
REMAX Kelowna
Under your rent
Open House on Thu, 12pm–3pm
35
$399,900
~$1,895/mo
i#111 – 2780 Olalla Road
West Kelowna · Residential
1 bd
1 ba
904 sqft
$442/sqft
Built 2025
MLS® 10396446
REMAX Kelowna
Under your rent
Open House on Thu, 12pm–3pm
51
$599,900
~$2,843/mo
i#201 – 2780 Olalla Road
West Kelowna · Residential
2 bd
2 ba
1,031 sqft
$582/sqft
Built 2025
MLS® 10396450
REMAX Kelowna
Under your rent
Open House on Thu, 12pm–3pm
46
$449,900
~$2,132/mo
i#506 – 2760 Olalla Road
West Kelowna · Residential
1 bd
1 ba
679 sqft
$663/sqft
Built 2025
MLS® 10396756
REMAX Kelowna
Under your rent
52
$287,000
~$1,360/mo
i#14 – 2095 Boucherie Road
West Kelowna · Residential
2 bd
2 ba
1,231 sqft
$233/sqft
Built 1978
MLS® 10398238
Royal LePage Kelowna
Under your rent
21
$765,000
~$3,626/mo
i#239 – 2330 Butt Road
West Kelowna · Residential
2 bd
3 ba
3,320 sqft
$230/sqft
Built 1995
MLS® 10398399
REMAX Kelowna
Under your rent
31
$439,000
~$2,081/mo
i#208 – 3229 Skyview Lane
West Kelowna · Residential
2 bd
2 ba
862 sqft
$509/sqft
Built 2010
MLS® 10398058
REMAX Kelowna - Stone Sisters
See all on the map (398 active listings)
Other rents in West Kelowna
$1,500/mo · $1,800/mo · $2,000/mo · $2,200/mo · $2,500/mo · $3,000/mo · $3,500/mo
The assumptions behind these numbers
Every figure assumes a 5.19% interest rate, 20% down and a 25-year amortization. Property tax uses the local municipal residential rate of 4.63 per $1,000; strata ($320/mo) and insurance ($62/mo) are estimates, since neither is knowable from rent alone. Change any of these in the calculator and the numbers update in place. This is an estimate for comparison, not a mortgage approval or financial advice. Your rate, down payment and the home's real carrying costs will differ. Confirm with a mortgage professional before you rely on it.
Common questions
What can $4,000 a month in rent buy in West Kelowna?
At a 5.19% rate with 20% down over 25 years, $4,000/mo carries the mortgage on a home priced around $844,000. Covering tax, strata and insurance inside the same budget, the matching price is about $695,000.
How much do I need for a down payment?
On a $844,000 home at 20% down, the down payment is $169,000. A smaller down payment raises the monthly cost and may add mortgage insurance.
Is the mortgage really the same as my rent?
The mortgage payment is, by design; that is what this page solves for. Owning also adds roughly $708/mo in tax, strata and insurance, so the honest all-in monthly on a $844,000 home is closer to $4,708.
RR
How these numbers are worked out
I am Ray Rasouli, a licensed REALTOR® with Real Broker B.C. Ltd. The purchase price is your rent solved back through a standard amortized mortgage, and the listings come from live MLS® inventory refreshed hourly, not a static table. The figures are for comparison, not a mortgage approval. Tell me your situation and I will confirm what you actually qualify for.
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Listing data provided by the Real Estate Board of Greater Vancouver and partner boards under MLS® Reciprocity. Deemed reliable but not guaranteed accurate. Mortgage figures are estimates for comparison only, not financial advice. MLS® and REALTOR® are trademarks of CREA.