Rutland is one of Kelowna's five Urban Centres, with a large share of the City's planned growth. Here are the numbers, and how its one-bedroom options compare.
Floor Plans & Amenities4 min read
By the Serenity team. Published , checked .
Most useful for: First-time buyers, Hospital and downtown workers.
1 bedroom condos in Rutland are part of a planned shift: the City of Kelowna names Rutland as one of its five Urban Centres and projects 2,883 new homes there by 2041, plus 2,259 in the Core Rutland area around it.
Rutland is in Kelowna's north-east, further from the lake and downtown than the central areas. A one-bedroom buyer there is weighing price and growth against distance.
1 bedroom condos in Rutland, Kelowna, sit in an Urban Centre the City projects to take 2,883 new homes by 2041, with a further 2,259 in Core Rutland. Rutland is further from downtown and the lake than the central areas. Serenity's one-bedroom condos are 660 sq ft with a balcony, a 4-minute drive from downtown.
Each number is read from the sources listed at the end of this guide on October 16, 2026.
The 2040 Official Community Plan lists Rutland as an Urban Centre and projects 2,883 new homes there by 2041, with another 2,259 in Core Rutland. Together that is a larger projection than any other single growth area outside Downtown.
| Growth area | Type | New homes | Share of 45,000 |
|---|---|---|---|
| Downtown | Urban Centre | 6,939 | 15.4% |
| Midtown | Urban Centre | 3,154 | 7.0% |
| Core Central | Core Area | 3,141 | 7.0% |
| Core Glenmore | Core Area | 2,988 | 6.6% |
| Rutland | Urban Centre | 2,883 | 6.4% |
| Core Lakeshore | Core Area | 2,463 | 5.5% |
| Dilworth | Suburban | 2,453 | 5.5% |
| Core Rutland | Core Area | 2,259 | 5.0% |
| Capri Landmark | Urban Centre | 2,160 | 4.8% |
| Core Hospital | Core Area | 2,131 | 4.7% |
| Pandosy | Urban Centre | 1,969 | 4.4% |
| North End | Core Area | 1,844 | 4.1% |
| Lower Mission | Suburban | 291 | 0.6% |
The City counts all housing types, and projects 65% of new homes citywide as apartments. These are planning projections, not forecasts of what will be built or sold, and the City says actual permits will fluctuate with local real estate and land development cycles. Areas not shown, such as the rest of the suburban districts, add to the citywide total of 45,000.
Rutland's 2,883 projected homes are 6.4% of the City's 45,000 and rank 5th of the 13 areas in the chart. Add Core Rutland's 2,259 and the two areas come to 5,142 homes, 11.4% of the citywide total. Only Downtown, at 6,939, is projected to take more than the Rutland pair.
| Growth area | New homes | Share of 45,000 | Rank of 13 |
|---|---|---|---|
| Rutland (Urban Centre) | 2,883 | 6.4% | 5th |
| Core Rutland (Core Area) | 2,259 | 5.0% | 8th |
| Downtown (Urban Centre) | 6,939 | 15.4% | 1st |
| Midtown (Urban Centre) | 3,154 | 7.0% | 2nd |
| Pandosy (Urban Centre) | 1,969 | 4.4% | 11th |
CMHC's average one-bedroom rent in the Kelowna area was $1,596 a month, which is $19,152 over a year. The vacancy rate for that size was 8.4%, against 5.2% for rentals with two bedrooms, so renters of the smaller size had more choice.
For a first-time buyer, the other number is the down payment. At the federal minimum, the median Central Okanagan apartment price of $423,000 would need $21,150 down. The minimum down payment is 5% of the first $500,000 and 10% of the portion above it, for homes under $1,500,000. At $1,500,000 or more it is 20%. That is a reference calculation for a resale median, not a Serenity price.
A one-bedroom condo suits one person or a couple who do not need a second bedroom every day. Of Serenity's 33 homes, 16 are one-bedroom condos: Type D1 at about 660 sq ft and Type D2 at about 660 sq ft, each with a balcony.
Professionals who work from the office or the hospital and want errands on foot will weigh the walk: Serenity is a 4-minute walk from groceries and a 10-minute walk from the Okanagan Rail Trail. First-time buyers will weigh the down payment and the monthly cost against renting.
CMHC's 2025 survey of the Kelowna area found an average rent of $1,596 for a one-bedroom apartment. The vacancy rate for that size was 8.4%, higher than the 5.2% for two-bedroom homes. These are area-wide purpose-built rental figures, not Rutland-specific. They are a reference for the monthly cost you are comparing a purchase against.
The presale fundamentals are the same in Rutland as anywhere in Kelowna: a filed disclosure statement, deposits held in trust and a seven-day cancellation period. Compare actual prices and distances for the buildings you are considering, not a neighbourhood's reputation, and time the routes you would drive.
If lake and downtown proximity matter more than Rutland's relative distance, Serenity's one-bedroom condos, Types D1 and D2, are 660 sq ft with a balcony, a 4-minute drive to downtown and a 5-minute drive to the Kelowna Yacht Club. Filter below to see them.
Filter Serenity's 10 plans, then tick up to 3 to compare them side by side.
Bedrooms
Type
2 of 10 plans match.
1 bath · about 660 sq ft per bedroom · single level
1 bath · about 660 sq ft per bedroom · single level
Tick two or three plans to compare them here.
Approximate interior areas from the published plan drawings. No floor level, view or exposure has been assigned to any plan. See every plan.
Yes. The City's Official Community Plan names Rutland as one of five Urban Centres and projects 2,883 new homes there by 2041, with 2,259 more in Core Rutland.
CMHC's 2025 survey found an average rent of $1,596 for a one-bedroom apartment in the Kelowna area, with a one-bedroom vacancy rate of 8.4%. These are area-wide purpose-built rental figures.
Types D1 and D2 are each about 660 sq ft with a balcony, one bathroom and a primary bedroom with a walk-in closet and ensuite. Pricing has not been released.
It depends on the price, your down payment, interest rates and how long you stay. CMHC's average one-bedroom rent was $1,596 a month, or $19,152 a year. A purchase adds mortgage interest, property tax, strata fees and maintenance, so run the numbers for the specific home.
At the federal minimum, the median Central Okanagan apartment price of $423,000 would need $21,150 down. The minimum down payment is 5% of the first $500,000 and 10% of the portion above it, for homes under $1,500,000. At $1,500,000 or more it is 20%. That is a calculation on a resale median, not a Serenity price.
Rutland is in Kelowna's north-east, and the distance depends on the address and the hour, so time your own trips. For comparison, Serenity in Central City is a 5-minute drive from the Kelowna Yacht Club and a 4-minute drive from downtown.
General information read from these sources on the date above, not legal, tax or financial advice.
Related Guides
Lakeview Heights is across Okanagan Lake from Kelowna. The bridge is part of every trip into the city, so the checks start with the commute.
Read the guide
Two condos with the same square footage can live very differently. This guide shows what to check on a plan, and lets you compare real ones.
Read the guide
Central City sits just east of downtown Kelowna. Here is what buying a condo there involves, measured from one address and set against the City's growth plan.
Read the guide
