Highlights
- New Construction 
- Pet Friendly 
Location
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The Rise Apartment Homes features an impressive overall Zumper rating of 8.7/10, highlighted by a price rating of 9/10, reflecting excellent value for its amenities and location. With a perfect amenities rating of 10/10 and a location score of 9/10, it offers residents a premium living experience near key attractions. Additionally, a strong trustworthiness rating of 8/10 complements the property’s transparency, while its 50 available photos enhance the decision-making process for potential renters.
Things you’ll love
Great for
| 0 Bedroom 1 Bathroom | Studio | 1 bath | 338 sqft | $1,490 /mo | 1 unit available | ||
| 1 Bedroom 1 Bathroom | 1 bed | 1 bath | 436 sqft | $1,650 /mo | 1 unit available | ||
| 1 Bedroom 1 Bathroom | 1 bed | 1 bath | 578 sqft | $1,833 /mo | 1 unit available | ||
| 2 Bedroom 2 Bathroom | 2 bed | 2 bath | 681 sqft | $2,063 /mo | 1 unit available | ||
| 2 Bedroom 2 Bathroom | 2 bed | 2 bath | 681 sqft | $2,154 /mo | 1 unit available | 
Let's explore this property.
Apartment Amenities
| Air Conditioning | Balcony | 
| High Ceiling | High Ceilings | 
| Hot Water Included | Patio | 
| Resident Storage | Vinyl Plank Floors | 
| Window Coverings | 
Appliances
| Dishwasher | Dishwasher Available | 
| Fridge | In-Unit Laundry | 
| Microwave | Stainless Steel Appliances | 
| Stove | Washer In-Suite | 
Building
| Bicycle Room | Cats OK | 
| Dogs OK | Elevator | 
| Entry Phone System | No Smoking Allowed | 
| Onsite Laundry | Residents Lounge | 
| Rooftop BBQ Area | 
Grounds
| Garage Parking | Outdoor Space | 
| Rooftop Terrace | Storage | 
Services
| On-Site Management | Professionally Managed | 
Other
| New Development | 
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Year built | 2025 | 
|---|---|
| Lease terms | 12 months | 
Perched on a scenic hillside above downtown Kelowna, The Rise Apartment Homes is a six-storey property that offers a new collection of 124 thoughtfully designed studio, one-, and two-bedroom apartments, each crafted to elevate your lifestyle. These suites boast exquisite features, including sleek quartz countertops, in-suite laundry, and expansive windows that frame breathtaking panoramic views. At The Rise Apartment Homes, residents enjoy access to an array of premium amenities. Unwind on the rooftop patio, taking in the sweeping views, or gather with friends in the serene resident courtyard. Additional conveniences such as secure underground parking and dedicated resident storage provide peace of mind and effortless living. Located at 540 Dougall Road North, in the Rutland neighborhood in Kelowna, The Rise Apartment Homes is just minutes from an array of local conveniences and near many amenities. Stroll to nearby parks, browse the local shops, or dine at charming restaurants—all within your neighbourhood. For outdoor enthusiasts, the Okanagan’s natural beauty is yours to explore, with nearby trails, golf courses, and the stunning lakeshore just a short drive away. Conveniently connected to downtown Kelowna, yet offering the peace and quiet of a residential community, The Rise Apartment Homes truly offer the best of both worlds. Step inside your next home: explore floorplans, amenities, and learn more at [www.renttherise.ca](https www renttherise ca ) Interested in renting a furnished unit? Contact our Leasing Agent to receive lease term and pricing details.
How The Rise Apartment Homes compares to other nearby properties.
Positives
Studio apartments at The Rise Apartment Homes cost about 1% less than the average rent price for studios in Kelowna.
1-bedroom apartments here are priced 5% lower than 1-bedrooms in Kelowna.
If you decide to upgrade your space, you can expect 2-bedrooms at The Rise Apartment Homes to be 8% less than the average for similarly sized apartments in Kelowna.
| Month | Median Rent | 
|---|---|
| December 2023 | $1,725 | 
| January 2024 | $1,719 | 
| February 2024 | $1,687 | 
| March 2024 | $1,740 | 
| April 2024 | $1,747 | 
| May 2024 | $1,718 | 
| June 2024 | $1,774 | 
| July 2024 | $1,718 | 
| August 2024 | $1,639 | 
| September 2024 | $1,665 | 
| October 2024 | $1,583 | 
| November 2024 | $1,550 | 
| December 2024 | $1,550 | 
| January 2025 | $1,565 | 
| February 2025 | $1,556 | 
| March 2025 | $1,547 | 
| April 2025 | $1,538 | 
| May 2025 | $1,608 | 
| June 2025 | $1,628 | 
| July 2025 | $1,594 | 
| August 2025 | $1,552 | 
| September 2025 | $1,591 | 
| October 2025 | $1,534 | 
Can I afford to live at 540 Dougall Rd N?
Bedrooms
Rent-to-income ratio
30%
$59,600/yr