Cheap Apartments for Rent in Calgary, AB from $1,000 with Swimming Pool (28 Rentals)

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

property at 6707 Elbow Dr SW
$1,235 - $1,775
Studio To 2 Bedroom Rentals
Available Now
Affordability

Mayfair Place Apartments

6707 Elbow Dr SW
CalgaryABT2V 0E5

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 35B New St SE
$1,600

Total Monthly Price

Base Rent$1,600

Total Monthly Price$1,600
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

35B New St SE

CalgaryABT2G 3X8

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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BLVD Beltline
Rent Specials
$1,895 - $3,140

Total Monthly Price

Base Rent$1,895 - $3,140

Total Monthly Price$1,895 - $3,140
1 to 2 Bedroom Apartments Available Now

BLVD Beltline

1229 Macleod Trl SECalgary, AB T2G 2K4
Transit Friendly
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Varsity Square Apartments
$1,499 - $2,4291 to 3 Bedroom Apartments

Varsity Square Apartments

4515 Varsity Dr NWCalgary, AB T3A 0Z8
  • Utilities Included
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Montgomery Square
$1,580 - $2,0991 to 2 Bedroom Apartments

Montgomery Square

1870 45 StCalgary, AB T3B 6A9
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The International
$1,634 - $2,8001 to 2 Bedroom Apartments

The International

220 4 Av SWCalgary, AB T2P 0H5
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Infinity
$1,700 - $2,3001 to 2 Bedroom Apartments

Infinity

2004-2016 34 Av SWCalgary, AB T2T 2C3
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South Bank
$1,780 - $2,8251 to 2 Bedroom Apartments

South Bank

1006 9 Ave SECalgary, AB T2G 0S7
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Calgary, AB Local Guide

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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!

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Calgary, AB Area Reviews

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Lesley4+ years in Calgary

March 14, 2026

Absolutely.

Sajjad4+ 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 $1,149.

What is the price of a cheap apartment in Calgary?

The cheapest apartment in Calgary is Altadore which is listed at $1,100, while the average apartment in Calgary costs $1,844.

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 76 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 $334 which is $1,510 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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.