Cheap Apartments for Rent in Lethbridge, AB from $1,125 (44 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.

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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Sandalwood Place
$775 - $1,250Studio to 2 Bedroom Apartments

Sandalwood Place

256 Mayor Magrath Dr NLethbridge, AB T1H 3P8
  • Utilities Included
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Scenic Heights
$900 - $1,200Studio to 2 Bedroom Apartments

Scenic Heights

1603-1615 Scenic Heights DrLethbridge, AB T1K 1M5
  • Utilities Included
  • Smoke Free
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Cambridge House
$970 - $1,325Studio to 2 Bedroom Apartments

Cambridge House

175 Columbia Blvd WLethbridge, AB T1K 6X4
  • Utilities Included
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Winston Villa
$1,025 - $1,2501 to 2 Bedroom Apartments

Winston Villa

1304-1310 23rd Ave NLethbridge, AB T1H 4N1
  • Utilities Included
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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
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Tudor Manor
$1,070 - $1,355Studio to 1 Bedroom Apartments

Tudor Manor

531 7 St SLethbridge, AB T1J 2G8
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Kosmo Apartments
$1,080 - $1,280Studio Apartments

Kosmo Apartments

2127 Palm Rd SLethbridge, AB T1K 3N1
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Princeton Place
$1,100 - $1,3501 to 2 Bedroom Apartments

Princeton Place

590-600 Columbia Blvd WLethbridge, AB T1K 5R6
  • 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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Shoreline Crossings
$1,105 - $1,820Studio to 2 Bedroom Apartments

Shoreline Crossings

23 Aquitania Blvd WLethbridge, AB T1J 4B9
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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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Applewood
$1,160 - $1,435Studio to 1 Bedroom Apartments

Applewood

1261 4 Av SLethbridge, AB T1J 0P9
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Treco Apartments
$1,175 - $1,3501 to 2 Bedroom Apartments

Treco Apartments

2014 15th Ave NLethbridge, AB T1H 5J4
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Fairmont/Peppertree Terrace
$1,175 - $1,3001 to 2 Bedroom Apartments

Fairmont/Peppertree Terrace

3210-3310 23rd Ave SLethbridge, AB T1K 4K2
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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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Resma Manor
$1,250 - $1,3901 to 2 Bedroom Apartments

Resma Manor

1405 9 Av SLethbridge, AB T1J 1V7
  • 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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Cumberland Towers
$1,260 - $1,8641 to 2 Bedroom Apartments

Cumberland Towers

2201 32nd St SLethbridge, AB T1K 5A9
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Westhaven Estates
$1,290 - $1,3551 to 3 Bedroom Apartments

Westhaven Estates

329 Highlands RdLethbridge, AB T1J 4W7
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Scenic Court (4 Plex)
$1,295 - $1,4051 Bedroom Apartments

Scenic Court (4 Plex)

805 3 Street SouthLethbridge, AB T1J 1Z6
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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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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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Scenic Court
$1,360 - $1,7851 to 3 Bedroom Apartments

Scenic Court

824 4 St SLethbridge, AB T1J 2A9
  • 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.

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Walker Place
$1,450 - $2,0501 to 3 Bedroom Apartments

Walker Place

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

Lethbridge, AB Local Guide

Cheapest Available Lethbridge Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lethbridge, AB is a Studio unit found at Scenic Heights priced from $900. Winston Villa has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here is today’s list of the most affordable Lethbridge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Scenic HeightsStudioStudio,1BA$900
Winston Villa1 Bedroom 1 Bath1BR,1BA$1,025
Bel-Aire Apartments- BachelorStudio,1BA$1,030
Kosmo Apartments- BachelorStudio,1BA$1,080
Palm Road Apartments- BachelorStudio,1BA$1,125
Fairmont/Peppertree Terrace1 Bedroom 1 Bath1BR,1BA$1,175
Westwood Apartments- BachelorStudio,1BA$1,235
Flamborough Garden- 1 Bedroom1BR,1BA$1,235
Dhillon Tower1 bedroom1BR,1BA$1,250
Evergreen Terrace- 1 Bedroom1BR,1BA$1,305

Best Value Apartments for Rent in Lethbridge, AB and Nearby

As of September 06, 2026 the best value apartment in the Lethbridge area is the $1.50 price per square foot 2 bedroom Townhouse Model at Highland Park Townhomes in the starting from $1,400. The second greatest value Lethbridge apartment is the Woodhurst Model at Westhaven Estates starting at $1,345 with a $1.52 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 Townhomes2 bedroom Townhouse2BR,1BA$1.50
Westhaven EstatesWoodhurst2BR,1BA$1.52
Evergreen Terrace- 2 Bedroom2BR,1BA$1.85
Berkeley Square- 2 Bedroom2BR,1BA$1.97
Ruby Court- 2 Bedroom2BR,1BA$1.98
Mainstreet University Townhomes2 Bedroom2BR,1BA$1.85
Scenic Court- 2 Bedroom2BR,1BA$2.01
Garden Villa- 1 Bedroom1BR,1BA$2.02
Winston Villa1 Bedroom 1 Bath1BR,1BA$1.65
Westwood Apartments- BachelorStudio ,1BA$2.06

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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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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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!

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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 Scenic Heights listed at $900.

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

The lowest price for a Cheap One Bedroom Lethbridge Apartment is $1,025 at Winston Villa.

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 $1,200 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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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.