Cheap Apartments for Rent in Lethbridge, AB from $700 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lethbridge.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Sandalwood Place
$775 - $1,350Studio to 2 Bedroom Apartments

Sandalwood Place

256 Mayor Magrath Dr NLethbridge, AB T1H 3P8
  • Utilities Included
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Scenic Heights
$1,000 - $1,300Studio to 2 Bedroom Apartments

Scenic Heights

1603-1615 Scenic Heights DrLethbridge, AB T1K 1M5
  • Utilities Included
  • Smoke Free
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Bel-Aire Apartments
$1,030 - $1,355Studio to 1 Bedroom Apartments

Bel-Aire Apartments

721 7 Av SLethbridge, AB T1J 1J5
  • Utilities Included
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Cambridge House
$1,050 - $1,325Studio to 2 Bedroom Apartments

Cambridge House

175 Columbia Blvd WLethbridge, AB T1K 6X4
  • Utilities Included
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Tudor Manor
$1,060 - $1,345Studio to 1 Bedroom Apartments

Tudor Manor

531 7 St SLethbridge, AB T1J 2G8
  • Utilities Included
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Shoreline Crossings
$1,105 - $1,780Studio to 2 Bedroom Apartments

Shoreline Crossings

23 Aquitania Blvd WLethbridge, AB T1J 4B9
  • Smoke Free

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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Garden Villa
$1,110 - $1,560Studio to 2 Bedroom Apartments

Garden Villa

268 7A Av SLethbridge, AB T1J 1N4
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Winston Villa
$1,125 - $1,3501 to 2 Bedroom Apartments

Winston Villa

1304-1310 23rd Ave NLethbridge, AB T1H 4N1
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Princeton Place
$1,125 - $1,3501 to 2 Bedroom Apartments

Princeton Place

590-600 Columbia Blvd WLethbridge, AB T1K 5R6
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Kosmo Apartments
$1,130 - $1,280Studio Apartments

Kosmo Apartments

2127 Palm Rd SLethbridge, AB T1K 3N1
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Treco Apartments
$1,150 - $1,3501 to 2 Bedroom Apartments

Treco Apartments

2014 15th Ave NLethbridge, AB T1H 5J4
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Applewood
$1,160 - $1,435Studio to 1 Bedroom Apartments

Applewood

1261 4 Av SLethbridge, AB T1J 0P9
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Cumberland Towers
$1,200 - $1,7751 to 2 Bedroom Apartments

Cumberland Towers

2201 32nd St SLethbridge, AB T1K 5A9
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Skyline Terrace
$1,225 - $2,525Studio to 4 Bedroom Apartments

Skyline Terrace

37 Berkeley PlLethbridge, AB T1K 4G9
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Fairmont/Peppertree Terrace
$1,225 - $1,4001 to 2 Bedroom Apartments

Fairmont/Peppertree Terrace

3210-3310 23rd Ave SLethbridge, AB T1K 4K2
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Resma Manor
$1,240 - $1,3801 to 2 Bedroom Apartments

Resma Manor

1405 9 Av SLethbridge, AB T1J 1V7
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Ruby Court
$1,305 - $1,5801 to 2 Bedroom Apartments

Ruby Court

2119 Palm Rd SLethbridge, AB T1K 3N1
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Evergreen Terrace
$1,305 - $1,7051 to 3 Bedroom Apartments

Evergreen Terrace

1415 20 St NLethbridge, AB T1H 3P3
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Scenic Court (4 Plex)
$1,330 - $1,4551 Bedroom Apartments

Scenic Court (4 Plex)

805 3 Street SouthLethbridge, AB T1J 1Z6
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Park Manor
$1,355 - $1,6801 to 2 Bedroom Apartments

Park Manor

2110 15 Av NLethbridge, AB T1H 1W9
  • Utilities Included
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Westhaven Estates
$1,355 - $1,5921 to 3 Bedroom Apartments

Westhaven Estates

329 Highlands RdLethbridge, AB T1J 4W7
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Scenic Court
$1,360 - $1,7851 to 3 Bedroom Apartments

Scenic Court

824 4 St SLethbridge, AB T1J 2A9
  • Utilities Included

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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Walker Place
$1,450 - $2,0001 to 3 Bedroom Apartments

Walker Place

1310 23 Av NLethbridge, AB T1H 4T6
  • Utilities Included

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.

Lethbridge, AB Local Guide

Cheapest Available Lethbridge Apartments for Rent

 

The cheapest available apartment rental in Lethbridge, AB is a Studio unit found at Bel-Aire Apartments priced from $1,030. Cambridge House has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here is today’s list of the most affordable Lethbridge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bel-Aire Apartments- BachelorStudio,1BA$1,030
Cambridge HouseStudioStudio,1BA$1,050
Tudor Manor- BachelorStudio,1BA$1,060
Palm Road Apartments- BachelorStudio,1BA$1,105
Winston Villa1 Bedroom 1 Bath1BR,1BA$1,125
Princeton Place1 Bedroom 1 Bath1BR,1BA$1,125
Kosmo Apartments- BachelorStudio,1BA$1,130
Treco Apartments1 Bedroom 1 Bath1BR,1BA$1,150
Flamborough Garden- 1 Bedroom1BR,1BA$1,235
Resma Manor- 1 Bedroom1BR,1BA$1,240

Best Value Apartments for Rent in Lethbridge, AB

As of July 23, 2026 the best value apartment in the Lethbridge area is the $1.45 price per square foot 3 bedroom Townhouse Model at Highland Park Townhomes in the starting from $1,550. The second greatest value Lethbridge apartment is the 2 Bedroom 2 Bath Model at Walker Place starting at $1,700 with a $1.80 price per square foot . Here is today’s list of the best values for Lethbridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Highland Park Townhomes3 bedroom Townhouse3BR,1BA$1.45
Walker Place2 Bedroom 2 Bath2BR,2BA$1.80
Sandalwood Place2 Bedroom 1 Bath2BR,1BA$1.43
Westhaven EstatesTartan2BR,1BA$1.69
Evergreen Terrace- 2 Bedroom2BR,1BA$1.85
Fairmont/Peppertree Terrace2 Bedroom 1 Bath2BR,1BA$1.72
Scenic Heights2 Bedroom 1 Bath2BR,1BA$1.60
Mainstreet University Townhomes2 Bedroom2BR,1BA$1.85
Princeton Place1 Bedroom 1 Bath1BR,1BA$1.66
Winston Villa1 Bedroom 1 Bath1BR,1BA$1.81

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

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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!

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Frequently Asked Questions about Cheap Lethbridge Apartments

What is the Cheapest Studio apartment in Lethbridge?

Currently the most affordable Cheap Studio Apartment in Lethbridge is at Bel-Aire Apartments listed at $1,030.

How much is rent for a Cheap One Bedroom Lethbridge Apartment?

The lowest price for a Cheap One Bedroom Lethbridge Apartment is $1,125 at Princeton Place.

What is the lowest price for a Cheap Two Bedroom Lethbridge Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lethbridge is starting from $1,300 at Scenic Heights.

What is the most affordable Lethbridge Three Bedroom Apartment?

The best deal on a cheap Lethbridge Three Bedroom Apartment rental is at Mainstreet University Townhomes and starts from $1,475.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.