Cheap Studio Apartments for Rent in Calgary, AB from $450 (68 Rentals)

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property at 2718 40 St SW

$900 - $1,000

Studio Rentals

Available Now

2718 40 St SW

CalgaryABT3E 3J4

Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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property at 342-315 15 Ave SW

$1,325 - $1,470

Studio Rentals

Available Now

Kingston Tower

342-315 15 Ave SW
CalgaryABT2R 0P8

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.

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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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Triwood Gardens
$700Studio Apartments

Triwood Gardens

1019 Northmount Dr NWCalgary, AB T2L 0B6
  • Utilities Included
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211 12th Avenue SW
$850 - $1,170Studio Apartments

211 12th Avenue SW

211 12th Ave SWCalgary, AB T2R 1R9
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Chinook Woods
$1,099Studio Apartments

Chinook Woods

707 57th Ave SWCalgary, AB T2V 0H5
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Spring Garden Terrace
$1,099Studio Apartments

Spring Garden Terrace

1723 26th Ave SWCalgary, AB T2T 1C9
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Avenue Houses
$1,125Studio Apartments

Avenue Houses

326-328 18 Av SWCalgary, AB T2S 0C3
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Chateau Apartments
$1,149 - $1,239Studio Apartments

Chateau Apartments

505 6th St SWCalgary, AB T2P 1X5
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Lakeside Estates
$1,149Studio Apartments

Lakeside Estates

5332 Lakeview Dr SWCalgary, AB T3E 5R9
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The Junction
$1,150Studio Apartments

The Junction

1339 10th Ave SECalgary, AB T2G 0W8
  • Utilities Included
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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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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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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!

Explore Calgary, AB Rentals by Map

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Calgary, AB Area Reviews

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Lesley • 4+ years in Calgary

March 14, 2026

Absolutely.

Sajjad • 4+ 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 $1,125.

What is the price of a cheap apartment in Calgary?

The cheapest apartment in Calgary is 211 12th Avenue SW which is listed at $850, while the average apartment in Calgary costs $4,872.

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 52 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 $269 which is $4,603 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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.