
Cheap Apartments for Rent in Ponoka, AB from $950 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Ponoka.


Mainstreet Gaetz Core

Poplar Grove

BlueWater Apartments South

Hillside

Trilogy East
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Waskasoo Terrace Apartments

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Mainstreet Red Deer Apartments

Timber Pointe Apartments

5820 58A St

17 Cardinal Ave
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Belmont Townhomes

2020 Apartments

Mainstreet Waskasoo Apartments

1067 Berg Pl

1059 Berg Pl

138 Mitchell Bnd
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1053 Berg Pl
Ponoka, AB Local Guide
How much does it cost to rent an apartment in Ponoka?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ponoka Studio Apartments | $1,150 | $1,095 | $1,215 |
| Ponoka 1 Bedroom Apartments | $1,441 | $950 | $2,300 |
| Ponoka 2 Bedroom Apartments | $1,659 | $969 | $3,500 |
| Ponoka 3 Bedroom Apartments | $1,589 | $1,194 | $2,000 |
| Ponoka 4 Bedroom Apartments | $1,810 | $1,810 | $1,810 |
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Ponoka, AB Local Guide
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Cheapest Available Ponoka Apartments for Rent and Nearby
 The cheapest available apartment rental in Ponoka, AB is a 1 Bed unit found at Mainstreet Gaetz Core priced from $950. Poplar Grove has the second lowest priced unit, which is a 2 Beds apartment currently listed from $969. Here is today’s list of the most affordable Ponoka apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mainstreet Gaetz Core | 1 Bedroom | 1BR,1BA | $950 |
| Poplar Grove | - 2 Bedroom | 2BR,1BA | $969 |
| Mainstreet Waskasoo Apartments | 1 Bedroom | 1BR,1BA | $1,049 |
| Hillside | - Bachelor | Studio,1BA | $1,049 |
| Waskasoo Terrace Apartments | 1 Bedroom | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Ponoka, AB and Nearby
As of September 06, 2026 the best value apartment in the Ponoka area is the $1.24 price per square foot - 3 Bedroom Model at Revy Townhomes in the starting from $1,655. The second greatest value Ponoka apartment is the - 2 Bedroom Model at Poplar Grove starting at $969 with a $1.08 price per square foot . Here is today’s list of the best values for Ponoka apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Revy Townhomes | - 3 Bedroom | 3BR,1.5BA | $1.24 |
| Poplar Grove | - 2 Bedroom | 2BR,1BA | $1.08 |
| Liberty Park Apartments | - 1 Bedroom | 1BR,2BA | $2.06 |
| Lonsdale Court | 2B1B (Layout D) | 2BR,1BA | $2.23 |
| BlueWater Apartments South | Layout E & E2 - 2B1B | 2BR,1BA | $2.21 |
| Mainstreet Red Deer Apartments | 1-Bedroom | 1BR,1BA | $1.68 |
| Belmont Townhomes | 1 Bed, 1 bath | 1BR,1BA | $2.15 |
| Waskasoo Terrace Apartments | 1 Bedroom | 1BR,1BA | $1.80 |
| Mainstreet Waskasoo Apartments | 1 Bedroom | 1BR,1BA | $1.75 |
| Mainstreet Gaetz Core | 1 Bedroom | 1BR,1BA | $1.90 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
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Read ArticleReal 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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Ponoka, AB Rentals by Map
See the most popular apartments and homes in Ponoka, AB
Frequently Asked Questions about Cheap Ponoka Apartments
How much is rent for a Cheap One Bedroom Ponoka Apartment?
The lowest price for a Cheap One Bedroom Ponoka Apartment is $950 at Mainstreet Gaetz Core Apartments.
What is the lowest price for a Cheap Two Bedroom Ponoka Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Ponoka is starting from $969 at Poplar Grove.
What is the most affordable Ponoka Three Bedroom Apartment?
The best deal on a cheap Ponoka Three Bedroom Apartment rental is at Poplar Grove and starts from $1,184.
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

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.

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.

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.

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.