1 Bedroom Apartments for Rent near Penhold, AB (18 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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.

Read Article

Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

Read Article
Showing Results 1-18, Page 1 of 1

Penhold, AB Local Guide

Largest Available Penhold and Nearby 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in Penhold, AB is found at Belmont Townhomes and is 1,132 square feet priced from $1,715. Mainstreet Red Deer Apartments has the second largest 1 Bedroom, which is sized at 713 square feet and currently listed start at $1,199. Here is today’s list of the largest available 1 Bedroom units in Penhold:

Apartment ListingModel NameSquare FootagePriced From
Belmont Townhomes1 Bed, 1 bath1,132 Sq Ft$1,715
Mainstreet Red Deer Apartments1-Bedroom713 Sq Ft$1,199
Waskasoo Terrace Apartments1 Bedroom610 Sq Ft$1,099
Mainstreet Waskasoo Apartments1 Bedroom600 Sq Ft$1,049
Vanier Woods- 1 Bedroom588 Sq Ft$1,555

Cheapest Available Penhold and Nearby 1 Bedroom Apartments

As of July 30, 2026 the lowest priced 1 Bedroom apartment unit in Penhold, AB is the 1 Bedroom Model starting from $950 at Mainstreet Gaetz Core . The second most affordable Penhold 1 Bedroom is the 1 Bedroom Model at Mainstreet Waskasoo Apartments starting at $1,049 . The average price for all 1 Bedroom apartments in Penhold is currently $1,412. Here is today’s list of the cheapest available 1 Bedroom options in Penhold:

Apartment ListingModel NamePriced From
Mainstreet Gaetz Core1 Bedroom$950
Mainstreet Waskasoo Apartments1 Bedroom$1,049
Waskasoo Terrace Apartments1 Bedroom$1,099
Mainstreet Red Deer Apartments1-Bedroom$1,199
Hillside- 1 Bedroom$1,260

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.

Read Article
Decorative image

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

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

Explore Penhold, AB Rentals by Map

Decorative image of map

See the most popular apartments and homes in Penhold, AB

View Map
Penhold, AB Apartments Map
View Map
Penhold, AB Rental Homes Map

Frequently Asked Questions about 1 Bedroom Penhold Apartments

How much is the average rent for a 1 Bedroom Penhold Apartment?

The average rent for a 1 Bedroom Apartment in Penhold is $1,412.

What is the largest available 1 Bedroom Penhold Apartment for rent?

Today's apartment with the most square footage in Penhold is a 1,132 square feet unit starting from $1,715 at Belmont Townhomes.

What is the average size for Penhold 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Penhold is currently 622 sq ft.

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

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.