Cheap Apartments for Rent in Calgary, AB from $800 (330 Rentals)

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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

$1,250 - $1,650

Studio To 2 Bedroom Rentals

Available Now

342-315 15 Ave SW

CalgaryABT2R 0P8

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: 01/09/2026

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$2,060$1,125159
Suburban South$2,375$1,1251350
Suburban North$2,450$1,1251064
North Hill Downtown Beltline$2,912$1,125840

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 $850. 714 on 15th in the North Hill Downtown Beltline neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Calgary apartments for rent:

Apartment ListingModel NameBed/BathPriced From
211 12th Avenue SWStudioStudio,1BA$850
714 on 15th1 Bedroom 1 Washroom1BR,1BA$1,100
Triwood GardensBachelorStudio,1BA$1,100
Royal EngelBachelorStudio,1BA$1,125
The Birkenshaw Apartments1 Bedroom1BR,1BA$1,149
Mount Pleasant Parkside TownhomesBuilding A Secondary Suite1BR,1BA$1,149
Nazir ManorBachelorStudio,1BA$1,175
Mainstreet Plaza1 bedroom1BR,1BA$1,175
The JunctionBachelorStudio,1BA$1,175
Avenue TowerBachelorStudio,1BA$1,199

Best Value Apartments for Rent in Calgary, AB

As of January 10, 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
Applewood Townhomes- 2 Bedroom2BR,2.5BA$1.46
King's Alley- 2 Bedroom2BR,1BA$1.49
Greenland Townhomes- 3 Bedroom3BR,1BA$1.69
Crescent Heights View2 bedroom2BR,1BA$1.70
Sunalta 19132 bedroom2BR,1BA$1.62
Queen's Park Townhomes2 bedroom2BR,1BA$1.65
Lincoln Terrace2 bedroom2BR,1BA$1.70
Bonaventure Estates1 Beds, 1 Baths1BR,1BA$1.62

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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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 $1,199.

What is the price of a cheap apartment in Calgary?

The cheapest apartment in Calgary is 714 on 15th which is listed at $1,100, while the average apartment in Calgary costs $2,449.

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 110 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 $167 which is $2,282 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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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.

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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!