New Apartments for Rent in Calgary, AB Under $1,500 (32 Rentals)

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Explore the rise of commercial-to-residential conversions. Learn how repurposing vacant office space helps solve the affordable housing shortage.

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Hat on 7th
$1,500 - $1,550Built in 20201 Bedroom Apartments

Hat on 7th

1116 7 AveCalgary, AB T2P 1A9
  • Utilities Included
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Legacy Place
$1,462 - $1,680Built in 20161 to 3 Bedroom Apartments

Legacy Place

150 Legacy Main St SECalgary, AB T2X 2C2

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

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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The Catalyst
$1,457 - $2,300Built in 20231 to 2 Bedroom Apartments

The Catalyst

1450 20 Av NWCalgary, AB T2M 5E8
Furnished
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Mission 17
$1,451 - $1,841Built in 20161 to 2 Bedroom Apartments

Mission 17

103 17th Ave SECalgary, AB T2G 5N8
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The Level
$1,399 - $2,085Built in 2020Studio to 2 Bedroom Apartments

The Level

19671 40 St SECalgary, AB T3M 3B3
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ONE6
$1,384 - $1,401Built in 20171 to 2 Bedroom Apartments

ONE6

1528 16 Ave NWCalgary, AB T2M 0L5
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The Heights at Trinity Hills
$1,500 - $2,150Built in 20201 to 2 Bedroom Apartments

The Heights at Trinity Hills

921 Na'a Dr SWCalgary, AB T3H 6C4
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Mahogany Homes
$1,500 - $3,000Built in 20242 to 5 Bedroom Apartments

Mahogany Homes

1070 Mahogany Blvd SECalgary, AB T3M 3T6
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Sage Hill Estates Apartments
$1,500 - $2,700Built in 20251 to 3 Bedroom Apartments

Sage Hill Estates Apartments

30 Sage Hill Row NWCalgary, AB T3R 2M6
  • Utilities Included
  • Smoke Free

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

Your first apartment comes with a learning curve nobody warns you about. Hear from real renters who've been there and get the advice they wish someone had given them on day one.

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Cube
$1,483 - $2,475Built in 20191 to 2 Bedroom Apartments

Cube

1177 11th Ave SWCalgary, AB T2R 1K9
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Villages at Nolan Hill II
$1,415 - $1,530Built in 20241 to 3 Bedroom Apartments

Villages at Nolan Hill II

600 Nolan Hill Rise NWCalgary, AB T3R 1X1
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181 Skyview Bay NE
$1,380 - $2,499Built in 2019Studio to 2 Bedroom Apartments

181 Skyview Bay NE

181 Skyview Bay NECalgary, AB T3N 1B6
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The Loft
$1,345 - $2,195Built in 2025Studio to 2 Bedroom Apartments

The Loft

744 4 Av SWCalgary, AB T2P 3T4
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The Towns @ Trail31
$1,249 - $2,699Built in 20251 to 3 Bedroom Apartments

The Towns @ Trail31

415 31 Ave NECalgary, AB T2E 8B5
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Bowwood Block
$1,198 - $1,384Built in 20261 to 3 Bedroom Apartments

Bowwood Block

6412-6428 Bowwood Dr NWCalgary, AB T3B 2G6
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Altadore
$1,100 - $2,500Built in 20201 to 3 Bedroom Apartments

Altadore

2202 49 Av SWCalgary, AB T2T 2V7
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Village Block
$800Built in 20262 Bedroom Apartments

Village Block

3416 3 Av NWCalgary, AB T2N 0M2
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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.

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Calgary, AB Local Guide

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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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 New Calgary Apartments

What is the Cheapest New apartment in Calgary?

Currently the most affordable New Apartment in Calgary is at Mainstreet Plaza Apartments listed at $1,225.

How much is the average rent for a New Calgary Apartment?

The average rent for a New Apartment in Calgary is $2,130.

What is the largest New Calgary Apartment for rent?

Today's New apartment with the most square footage in Calgary is a 1,970 square feet unit starting from $1,250 at Skyview Apartments.

What is the average size for Calgary New Apartments for rent?

The average size for a New rental in Calgary is currently at 536 sq ft.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.

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

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.