
Cheap Homes for Rent in Calgary, AB from $500 (29 Rentals)
Search the lowest-cost Homes available for rent right now in Calgary.


6 Tarington Gardens NE

468 Douglas Glen Pt SE

1-4005-9 9 St SE

31 Cranfield Manor SE

20983 Seton Way SE

1108 Sunvista Rd SE
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.

11 Creston Crescent NW

380 Lawthorn Wy SE

2117-316 16 St SW

903-903 19 Ave SW

350-3350 Livingston Common NE

33-3433 Carringham Gate NW

2614R-26128 Avenue SW
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.

2614-26128 28 Ave SW

45 Creekview Mnr SW

70 Edgebank Cir NW

1501-1106 6 St SW

6123-6133 Avenue Northwest - B1 Ave

6123-6133 33 Ave NW

20 Masters Dr SE
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.

526-122 22 Ave SW

124 Savanna Dr NE

3036 Dover Cres SE

89 Sage Bluff Rise NW

733-214 14 Ave SW

33 Carringham Gate NW

1735-111 11 Ave SW
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.

40 Carrington Plz NW
Calgary, AB Local Guide
How much does it cost to rent a home in Calgary?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Calgary 2 Bedroom Homes for Rent | $1,825 | $1,000 | $3,700 |
| Calgary 3 Bedroom Homes for Rent | $2,674 | $1,800 | $5,500 |
| Calgary 4 Bedroom Homes for Rent | $2,968 | $500 | $5,000 |
Browse Top Homes for Rent in Calgary
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Calgary, AB Local Guide
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Cheapest Neighborhoods for Apartments in Calgary, AB
Pricing Updated: 03/02/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Chinook | $2,005 | $1,099 | 200 |
| North Hill Downtown Beltline | $2,925 | $990 | 759 |
| Suburban South | $3,895 | $990 | 1410 |
| Suburban North | $10,805 | $990 | 994 |
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. Westbrook Mallside Apartments in the North Hill Downtown Beltline neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here is today’s list of the most affordable Calgary apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 211 12th Avenue SW | Studio | Studio,1BA | $850 |
| Westbrook Mallside Apartments | Bachelor | Studio,1BA | $999 |
| Shergill Place | Bachelor | Studio,1BA | $1,049 |
| Royal Engel | Bachelor | Studio,1BA | $1,099 |
| 1909 on 12th | Renovated 1 Bedroom 1 Washroom | 1BR,1BA | $1,100 |
| Avenue Tower | Bachelor | Studio,1BA | $1,100 |
| Nazir Manor | Bachelor | Studio,1BA | $1,100 |
| Mainstreet Marda Loop Apartments | Bachelor | Studio,1BA | $1,124 |
| Spring Garden Terrace | Bachelor | Studio,1BA | $1,125 |
| The Junction | Bachelor | Studio,1BA | $1,125 |
Best Value Apartments for Rent in Calgary, AB
As of March 02, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Ridge at Trinity Hills | Vista | 3BR,3.5BA | $1.56 |
| Bow River Townhomes | 3 bedroom | 3BR,1.5BA | $1.32 |
| King's Alley | - 2 Bedroom | 2BR,1BA | $1.48 |
| Greenland Townhomes | - 3 Bedroom | 3BR,1BA | $1.69 |
| Queen's Park Townhomes | 2 bedroom | 2BR,1BA | $1.54 |
| Trevella Townhomes | 2 bedroom | 2BR,1BA | $1.60 |
| Bowness 4315 Apartments | 2 bedroom | 2BR,1BA | $1.67 |
| Cedarvilla Apartments | - 1 Bedroom | 1BR,1BA | $1.64 |
| Peyto Apartments | - 1 Bedroom | 1BR,1BA | $1.68 |
| Bonaventure Estates | 1 Beds, 1 Baths | 1BR,1BA | $1.68 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Calgary, AB Rentals by Map
See the most popular apartments and homes in Calgary, AB
Calgary, AB Area Reviews
Frequently Asked Questions about Calgary
What type of rentals are currently available in Calgary?
There are currently 4598 Apartments for Rent in Calgary, AB with pricing that ranges from $990 to $15,678. There are also 134 Single Family Homes for rent, Condos, and Townhome rentals currently available in Calgary ranging from $500 to $5,500.
What is the current price range for Rental Homes in Calgary?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Calgary ranges from $500 to $5,500 with an average monthly rent of $2,284.
How much are larger Three and Four Bedroom Rentals in Calgary?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Calgary range from $1,217 to $6,464, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $5,500. Four Bedroom Single-Family rentals are also available starting from $500 and Four Bedroom Apartments start at $2,335.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.