Cheap Apartments for Rent in Calgary, AB from $800 (384 Rentals)

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Search the lowest-cost Apartments available for rent right now in Calgary.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Towns @ Trail31
Rent Specials
$1,249 - $2,699
Total Monthly Price

Total Monthly Price

Base Rent
$1,249 - $2,699
Total Monthly Price
$1,249 - $2,699
1 to 3 Bedroom Apartments Available Now

The Towns @ Trail31

415 31 Ave NECalgary, AB T2E 8B5
Affordability
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 6707 Elbow Dr SW

$1,275 - $1,625

Studio To 2 Bedroom Rentals

Available Now

6707 Elbow Dr SW

CalgaryABT2V 0E5
property at 912 6 Ave SW

$1,295 - $1,595

1 To 2 Bedroom Rentals

Available Now

912 6 Ave SW

CalgaryABT2P 0V6

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Calgary, AB Local Guide

Cheapest Neighborhoods for Apartments in Calgary, AB

Pricing Updated: 04/02/2026

Current apartment rentals in the Calgary, AB area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Calgary Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Chinook$1,980$1,099209
North Hill Downtown Beltline$2,925$1,049652
Suburban South$4,773$1,0491383
Suburban North$10,601$1,049938

Cheapest Available Calgary Apartments for Rent

 

The cheapest available apartment rental in Calgary, AB is a Studio unit found at Renfrew Corner Apartments in the North Hill Downtown Beltline neighborhood priced from $843. 211 12th Avenue SW in the North Hill Downtown Beltline neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here is today’s list of the most affordable Calgary apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Renfrew Corner ApartmentsBachelorStudio,1BA$843
211 12th Avenue SWStudioStudio,1BA$850
Westbrook Mallside ApartmentsBachelorStudio,1BA$950
Shergill PlaceBachelorStudio,1BA$1,049
Crescent Heights Apartments1 Bedroom1BR,1BA$1,091
Spring Garden TerraceBachelorStudio,1BA$1,099
Grapes ManorBachelorStudio,1BA$1,099
West 17BachelorStudio,1BA$1,099
714 on 15th1 Bedroom 1 Washroom Top Floor1BR,1BA$1,100
Triwood GardensBachelorStudio,1BA$1,100

Best Value Apartments for Rent in Calgary, AB

As of April 03, 2026 the best value apartment in the Calgary area is the $1.56 price per square foot Vista Model at The Ridge at Trinity Hills in the in the Chinook neighborhood starting from $2,925. The second greatest value Calgary apartment is the 3 bedroom Model at Bow River Townhomes starting at $2,000 with a $1.32 price per square foot in the Suburban North neighborhood. Here is today’s list of the best values for Calgary apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Ridge at Trinity HillsVista3BR,3.5BA$1.56
Bow River Townhomes3 bedroom3BR,1.5BA$1.32
Queen's Park Townhomes3 bedroom3BR,1BA$1.58
Bonaventure Estates2 Beds, 1 Baths2BR,1BA$1.35
King's Alley- 2 Bedroom2BR,1BA$1.48
The Treo at SherwoodTwo Bedroom + Two Bath2BR,2BA$1.67
Bowness 4315 Apartments2 bedroom2BR,1BA$1.67
Glenmore Gardens Towers- 1 Bedroom1BR,1BA$1.74
Peyto Apartments- 1 Bedroom1BR,1BA$1.68
Lincoln Terrace2 bedroom2BR,1BA$1.67

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Calgary, AB Rentals by Map

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Calgary, AB Area Reviews

  • Parks
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Lesley • 4+ years in Calgary

March 14, 2026

Absolutely.

Sajjad • 4+ years in Calgary

February 8, 2026

Excellent place to live, close to Rockies, Banff national Park etc.i

Frequently Asked Questions about Cheap Calgary Apartments

What is a cheap apartment in Calgary?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Calgary is under $1,100.

What is the price of a cheap apartment in Calgary?

The cheapest apartment in Calgary is Crescent Heights Apartments which is listed at $1,091, while the average apartment in Calgary costs $5,069.

What types of apartments are the cheapest in Calgary?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 79 regular apartments in Calgary that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Calgary?

Cheap apartments in Calgary have an average cost of $223 which is $4,846 cheaper than the average rent for all rentals in Calgary.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.