
Cheap Apartments for Rent near Smoky Lake, AB from $600 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Smoky Lake.


Canada West Courts

Clareview Court

3511-3118 118 Ave NW

Northridge Estates

Bannerman Apartments
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.

Mainstreet Village

Hermitage Village Apartments

Christopher County

Etain Estates

Cameron County

Durham County
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.

Kirkness Park Apartments

Victoria County

Pet-Friendly, TWO-Bedroom Bsmt Suite with all UTILITIES INCLUDED

6211-6176 176 Ave NW

Soho Manor

Imperial Tower
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.

12841-12865 65 St NW

Garrison Green

120 Greenfield Link

11115-11151 51 St NW

9620-9675 75 Street NW

17816 73 St NW
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.

4629-4118 118 Ave NW
Smoky Lake, AB Local Guide
How much does it cost to rent an apartment in Smoky Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Smoky Lake Studio Apartments | $936 | $648 | $1,099 |
| Smoky Lake 1 Bedroom Apartments | $1,386 | $965 | $1,908 |
| Smoky Lake 2 Bedroom Apartments | $1,657 | $621 | $3,179 |
| Smoky Lake 3 Bedroom Apartments | $1,776 | $1,389 | $2,458 |
Browse Top Apartments in Smoky Lake
See all Apartments in Smoky LakeExplore Smoky Lake
Smoky Lake, AB Local Guide
- Nearby Cities
Cheapest Available Smoky Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Smoky Lake, AB is a 1 Bed unit found at Canada West Courts in the North neighborhood priced from $885. Clareview Court in the North neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $980. Here is today’s list of the most affordable Smoky Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Canada West Courts | - 1 Bedroom | 1BR,1BA | $885 |
| Clareview Court | Bachelor | Studio,1BA | $980 |
| Northridge Estates | Studio | Studio,1BA | $1,017 |
| Bannerman Apartments | 1 bedroom | 1BR,1BA | $1,050 |
| Mainstreet Village | 1 bedroom | 1BR,1BA | $1,069 |
Best Value Apartments for Rent in Smoky Lake, AB and Nearby
As of July 23, 2026 the best value apartment in the Smoky Lake area is the $1.46 price per square foot - 3 Bedroom Model at Cavell Ridge Townhomes in the in the North neighborhood starting from $1,805. The second greatest value Smoky Lake apartment is the 3 Beds, 1 bath Model at Brintnell Place starting at $1,800 with a $1.67 price per square foot in the North neighborhood. Here is today’s list of the best values for Smoky Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cavell Ridge Townhomes | - 3 Bedroom | 3BR,1.5BA | $1.46 |
| Brintnell Place | 3 Beds, 1 bath | 3BR,1BA | $1.67 |
| Victoria County | - 2 Bedroom | 2BR,1BA | $1.65 |
| Brintnell Landing | 2 Bed 1 Bath | 2BR,1BA | $1.57 |
| Cameron County | - 1 Bedroom | 1BR,1BA | $1.41 |
| Christopher County | - 2 Bedroom | 2BR,1BA | $1.70 |
| Durham County | - 1 Bedroom | 1BR,1BA | $1.62 |
| Mainstreet Village | 1 bedroom | 1BR,1BA | $1.48 |
| Hermitage Village Apartments | 1 Bedroom | 1BR,1BA | $1.65 |
| Canada West Courts | - 1 Bedroom | 1BR,1BA | $1.31 |
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 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 Smoky Lake, AB Rentals by Map
See the most popular apartments and homes in Smoky Lake, AB
Frequently Asked Questions about Cheap Smoky Lake Apartments
How much is rent for a Cheap One Bedroom Smoky Lake Apartment?
The lowest price for a Cheap One Bedroom Smoky Lake Apartment is $885 at Canada West Courts.
What is the lowest price for a Cheap Two Bedroom Smoky Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Smoky Lake is starting from $945 at Canada West Courts.
What is the most affordable Smoky Lake Three Bedroom Apartment?
The best deal on a cheap Smoky Lake Three Bedroom Apartment rental is at Bannerman Apartments and starts from $1,389.
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.

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.

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.

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.