Cheap Apartments for Rent in Calgary, AB from $700 (360 Rentals)

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The Birkenshaw Apartments
Rent Specials
$1,069 - $1,4991 to 2 Bedroom Apartments Available Now

The Birkenshaw Apartments

605 13th Ave SWCalgary, AB T2R 0K6
Transit Friendly
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property at 923-923 3 Ave NW

923-923 3 Ave NW

CalgaryABT2N 0J7

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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property at 342-315 15 Ave SW

342-315 15 Ave SW

CalgaryABT2R 0P8

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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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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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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Calgary, AB Local Guide

Cheapest Neighborhoods for Apartments in Calgary, AB

Pricing Updated: 11/24/2025

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$2,307$741139
North Hill Downtown Beltline$3,147$741769
Suburban South$3,359$7411222
Suburban North$7,013$1,069968

Cheapest Available Calgary Apartments for Rent

 

The cheapest available apartment rental in Calgary, AB is a Studio unit found at Grapes Manor in the Chinook neighborhood priced from $741. The Birkenshaw Apartments in the North Hill Downtown Beltline neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,069. Here is today’s list of the most affordable Calgary apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Grapes ManorBachelorStudio,1BA$741
The Birkenshaw Apartments1 Bedroom1BR,1BA$1,069
Royal EngelBachelorStudio,1BA$1,099
Triwood GardensBachelorStudio,1BA$1,100
Mount Pleasant Parkside TownhomesBuilding A Secondary Suite1BR,1BA$1,149
Mainstreet Plaza1 bedroom1BR,1BA$1,150
The JunctionBachelorStudio,1BA$1,150
Avenue TowerBachelorStudio,1BA$1,199
330 on 25th1 Bedroom 1 Washroom1BR,1BA$1,200
Royal Mission Apartments1 bedroom1BR,1BA$1,200

Best Value Apartments for Rent in Calgary, AB

As of November 25, 2025 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
Vista Gardens3 Bedroom Townhouse3BR,1.5BA$1.47
Wyldewood Estates- 3 Bedroom3BR,1BA$1.55
King's Alley- 2 Bedroom2BR,1BA$1.45
Greenland Townhomes- 3 Bedroom3BR,1BA$1.69
Sunalta 19132 bedroom2BR,1BA$1.62
Queen's Park Townhomes2 bedroom2BR,1BA$1.65
Trevella Townhomes2 bedroom2BR,1BA$1.71
Cedarvilla Apartments- 1 Bedroom1BR,1BA$1.64

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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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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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 $1,200.

What is the price of a cheap apartment in Calgary?

The cheapest apartment in Calgary is The Birkenshaw Apartments which is listed at $1,069, while the average apartment in Calgary costs $3,956.

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 56 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 $165 which is $3,791 cheaper than the average rent for all rentals in Calgary.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.