Cheap Apartments for Rent in Calgary, AB from C$700 (265 Rentals)

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

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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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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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: 06/15/2025

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
Suburban SouthC$2,495C$1,180740
Suburban NorthC$2,520C$1,250674
ChinookC$2,712C$1,200166
North Hill Downtown BeltlineC$2,819C$1,200347

Cheapest Available Calgary Apartments for Rent

 

The cheapest available apartment rental in Calgary, AB is a Studio unit found at 211 12th Avenue SW in the North Hill Downtown Beltline neighborhood priced from C$750. Nazir Manor in the Chinook neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from C$1,176. Here is today’s list of the most affordable Calgary apartments for rent:

Apartment ListingModel NameBed/BathPriced From
211 12th Avenue SWStudioStudio,1BAC$750
Nazir ManorBachelorStudio,1BAC$1,176
Royal EngelBachelorStudio,1BAC$1,225
Glengrove ManorBG Classic Suite - 1 Bedroom1BR,1BAC$1,229
Mount Royal ApartmentsBachelorStudio,1BAC$1,250
Avenue TowerBachelorStudio,1BAC$1,257
Royal Mission ApartmentsStudioStudio,1BAC$1,274
Meredith Road ApartmentsClassic Suite - BachelorStudio,1BAC$1,274
Glenmore EstatesClassic Suite - BachelorStudio,1BAC$1,299
West 17BachelorStudio,1BAC$1,299

Best Value Apartments for Rent in Calgary, AB

As of June 16, 2025 the best value apartment in the Calgary area is the C$1.34 price per square foot 4 bedroom Model at Bow River Townhomes in the in the Suburban North neighborhood starting from C$2,300. The second greatest value Calgary apartment is the 3 Bedroom Bi-level Model at Village Vale starting at C$1,999 with a C$1.44 price per square foot in the Suburban South 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.
Bow River Townhomes4 bedroom4BR,1.5BAC$1.34
Village Vale3 Bedroom Bi-level3BR,2BAC$1.44
King's AlleyRenovated Suite - 2 Bedroom2BR,1BAC$1.63
Wyldewood EstatesPremier Suite - 2 Bedroom2BR,1BAC$1.76
Queen's Park Townhomes2 bedroom2BR,1BAC$1.81
Trevella Townhomes2 bedroom2BR,1BAC$1.85
Spruce Ridge Gardens2 Bedroom (AH)2BR,1BAC$1.66
Flintridge Place2 Bedroom2BR,1BAC$1.73
Bonaventure Estates1 Beds, 1 Baths1BR,1BAC$1.79
Beltline Apartments off 17th1 Bedroom1BR,1BAC$1.76

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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Calgary, AB Area Reviews

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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 C$1,299.

What is the price of a cheap apartment in Calgary?

The cheapest apartment in Calgary is Glengrove Manor which is listed at C$1,229, while the average apartment in Calgary costs C$2,636.

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 13 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 C$390 which is C$2,246 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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.