Cheap Apartments for Rent in Olds, AB from C$1,400 (5 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
5114 46 Ave
1 to 2 Bedroom Apartments

5114 46 Ave

5114 46 AveOlds, AB T4H 1N2

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.

When Life Happens: Your Options for Ending a Rental Lease Early

Unexpected life events can force you to break your lease. Learn how to communicate with your landlord, negotiate a solution, and understand your legal options for early termination.

Olds, AB Local Guide

Cheapest Available Olds Apartments for Rent and Nearby

 

The cheapest available apartment rental in Olds, AB is a 1 Bed unit found at Vanier Woods priced from C$1,489. Airdrie Place Apartments in the Outlying neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from C$1,650. Here is today’s list of the most affordable Olds apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vanier Woods- 1 Bedroom1BR,1BAC$1,489
Airdrie Place Apartments1 Bed 1 Bath C1BR,1BAC$1,650
King's Heights- 2 Bedroom2BR,1BAC$1,704

Best Value Apartments for Rent in Olds, AB and Nearby

As of August 02, 2025 the best value apartment in the Olds area is the C$1.46 price per square foot Phase 2 - 2 Bedroom Townhome Model at Terra Townhomes - Phase 2 in the in the Outlying neighborhood starting from C$2,052. The second greatest value Olds apartment is the - 2 Bedroom Model at King's Heights starting at C$1,704 with a C$1.93 price per square foot in the Outlying neighborhood. Here is today’s list of the best values for Olds apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Terra Townhomes - Phase 2Phase 2 - 2 Bedroom Townhome2BR,2.5BAC$1.46
King's Heights- 2 Bedroom2BR,1BAC$1.93
Airdrie Place Apartments1 Bed 1 Bath C1BR,1BAC$2.06
Vanier Woods- 1 Bedroom1BR,1BAC$2.42

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Cheap Olds Apartments

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

The lowest price for a Cheap One Bedroom Olds Apartment is C$1,489 at Vanier Woods.

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

Today's best deal for a Cheap Two Bedroom Apartment in Olds is starting from C$1,695 at Airdrie Place Apartments.

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.