Cheap Homes for Rent in Calgary, AB from C$1,000 (21 Rentals)

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

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.

property at 20 Masters Dr SE

20 Masters Dr SE

CalgaryABT3M 3P8

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.

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.

Calgary, AB Local Guide

Cheapest Neighborhoods for Apartments in Calgary, AB

Pricing Updated: 10/08/2025

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
ChinookC$2,274C$1,175119
North Hill Downtown BeltlineC$2,925C$1,100686
Suburban SouthC$3,772C$1,1001142
Suburban NorthC$5,399C$1,100870

Cheapest Available Calgary Apartments for Rent

 

The cheapest available apartment rental in Calgary, AB is a Studio unit found at Elbow Mission Apartments in the Chinook neighborhood priced from C$1,150. The Junction in the North Hill Downtown Beltline neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from C$1,151. Here is today’s list of the most affordable Calgary apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Elbow Mission ApartmentsBachelorStudio,1BAC$1,150
The JunctionBachelorStudio,1BAC$1,151
Royal EngelBachelorStudio,1BAC$1,175
714 on 15th1 Bedroom 1 Washroom Top Floor1BR,1BAC$1,175
Avenue TowerBachelorStudio,1BAC$1,199

Best Value Apartments for Rent in Calgary, AB

As of October 08, 2025 the best value apartment in the Calgary area is the C$1.56 price per square foot Vista Model at The Ridge at Trinity Hills in the in the Chinook neighborhood starting from C$2,925. The second greatest value Calgary apartment is the 4 bedroom Model at Bow River Townhomes starting at C$2,300 with a C$1.34 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,3.5BAC$1.56
Bow River Townhomes4 bedroom4BR,1.5BAC$1.34
Glenmore Gardens Townhomes & Coachhomes- 2 Bedroom2BR,1BAC$1.17
Dawson Landing Pointe3 Bedroom + 2 Bathroom3BR,2.5BAC$1.65
Wyldewood Estates- 2 Bedroom2BR,1BAC$1.36
Randal House2 Bedroom2BR,1BAC$1.54
King's Alley- 2 Bedroom2BR,1BAC$1.45
Greenland Townhomes- 3 Bedroom3BR,1BAC$1.69
Maggie Manor2 bedroom2BR,1BAC$1.50
Trevella Townhomes2 bedroom2BR,1BAC$1.66

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Calgary

What type of rentals are currently available in Calgary?

There are currently 4605 Apartments for Rent in Calgary, AB with pricing that ranges from C$1,100 to C$8,190. There are also 121 Single Family Homes for rent, Condos, and Townhome rentals currently available in Calgary ranging from C$1,000 to C$4,350.

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 C$1,000 to C$4,350 with an average monthly rent of C$2,212.

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 C$1,499 to C$6,753, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$1,550 to C$4,350. Four Bedroom Single-Family rentals are also available starting from C$1,750 and Four Bedroom Apartments start at C$2,592.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.