Cheap Apartments for Rent in Calgary, AB from C$900 (370 Rentals)

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

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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property at 6707 Elbow Dr SW

6707 Elbow Dr SW

CalgaryABT2V 0E5

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 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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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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Calgary, AB Local Guide

Cheapest Neighborhoods for Apartments in Calgary, AB

Pricing Updated: 10/10/2025

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
ChinookC$2,274C$1,150119
North Hill Downtown BeltlineC$2,950C$1,100694
Suburban SouthC$3,722C$1,1001140
Suburban NorthC$5,407C$1,100866

Cheapest Available Calgary Apartments for Rent

 

The cheapest available apartment rental in Calgary, AB is a Studio unit found at Triwood Gardens in the Suburban North neighborhood priced from C$1,050. Tuxedo Park Apartments in the Suburban North neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from C$1,050. Here is today’s list of the most affordable Calgary apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Triwood GardensBachelorStudio,1BAC$1,050
Tuxedo Park ApartmentsBachelor1BR,1BAC$1,050
Royal EngelBachelorStudio,1BAC$1,150
The JunctionBachelorStudio,1BAC$1,150
Elbow Mission ApartmentsBachelorStudio,1BAC$1,150
Edmonton Trail Apartments1 bedroom1BR,1BAC$1,173
714 on 15th1 Bedroom 1 Washroom Top Floor1BR,1BAC$1,175
Avenue TowerBachelorStudio,1BAC$1,199
Amherst Apartments1 bedroom1BR,1BAC$1,199
Westview Terrace1 bedroom1BR,1BAC$1,199

Best Value Apartments for Rent in Calgary, AB

As of October 10, 2025 the best value apartment in the Calgary area is the C$1.56 price per square foot Vista Model at The Ridge at Trinity Hills in the in the Chinook neighborhood starting from C$2,925. The second greatest value Calgary apartment is the 4 bedroom Model at Bow River Townhomes starting at C$2,300 with a C$1.34 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,3.5BAC$1.56
Bow River Townhomes4 bedroom4BR,1.5BAC$1.34
Glenmore Gardens Townhomes & Coachhomes- 2 Bedroom2BR,1BAC$1.17
Dawson Landing Pointe3 Bedroom + 2 Bathroom3BR,2.5BAC$1.65
Wyldewood Estates- 2 Bedroom2BR,1BAC$1.36
Randal House2 Bedroom2BR,1BAC$1.54
King's Alley- 2 Bedroom2BR,1BAC$1.45
Greenland Townhomes- 3 Bedroom3BR,1BAC$1.69
Crescent Heights View2 bedroom2BR,1BAC$1.70
Queen's Park Townhomes2 bedroom2BR,1BAC$1.65

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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See the most popular apartments and homes in Calgary, AB

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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$1,199.

What is the price of a cheap apartment in Calgary?

The cheapest apartment in Calgary is Tuxedo Park Apartments which is listed at C$1,050, while the average apartment in Calgary costs C$3,588.

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 22 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$180 which is C$3,408 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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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.

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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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.