Cheap Homes for Rent in Calgary, AB from $1,000 (31 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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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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property at 20 Masters Dr SE

$1,299 - $2,299

1 To 3 Bedroom Rentals

Available Now

20 Masters Dr SE

CalgaryABT3M 3P8

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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Showing Results 1-31, Page 1 of 1

Calgary, AB Local Guide

Cheapest Neighborhoods for Apartments in Calgary, AB

Pricing Updated: 01/15/2026

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$1,099161
Suburban South$2,375$1,0991296
Suburban North$2,450$1,099997
North Hill Downtown Beltline$2,900$1,099788

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. Royal Engel in the Chinook neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,099. Here is today’s list of the most affordable Calgary apartments for rent:

Apartment ListingModel NameBed/BathPriced From
211 12th Avenue SWStudioStudio,1BA$850
Royal EngelBachelorStudio,1BA$1,099
Triwood GardensBachelorStudio,1BA$1,100
1909 on 12th1 Bedroom 1 Washroom1BR,1BA$1,100
714 on 15th1 Bedroom 1 Washroom1BR,1BA$1,100
The JunctionBachelorStudio,1BA$1,125
The Birkenshaw Apartments1 Bedroom1BR,1BA$1,149
Mount Pleasant Parkside TownhomesBuilding A Secondary Suite1BR,1BA$1,149
Royal Mission ApartmentsStudioStudio,1BA$1,174
Mainstreet Plaza1 bedroom1BR,1BA$1,175

Best Value Apartments for Rent in Calgary, AB

As of January 15, 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
Dawson Landing Pointe3 Bedroom + 2 Bathroom + Den3BR,2.5BA$1.60
King's Alley- 2 Bedroom2BR,1BA$1.49
Sunalta 19132 bedroom2BR,1BA$1.62
Spruce Ridge Estates2 Bedroom Basement2BR,1BA$1.69
Queen's Park Townhomes2 bedroom2BR,1BA$1.65
Bonaventure Estates1 Beds, 1 Baths1BR,1BA$1.62
Prominence Place Apartments2 Bedroom2BR,1BA$1.66

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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See the most popular apartments and homes in Calgary, AB

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Calgary, AB Area Reviews

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Frequently Asked Questions about Calgary

What type of rentals are currently available in Calgary?

There are currently 4580 Apartments for Rent in Calgary, AB with pricing that ranges from $1,099 to $4,675. There are also 114 Single Family Homes for rent, Condos, and Townhome rentals currently available in Calgary ranging from $1,000 to $7,500.

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 $1,000 to $7,500 with an average monthly rent of $2,200.

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!