Cheap Homes for Rent in Three Hills, AB from $1,500 (5 Rentals)

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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.

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.

Three Hills, AB Local Guide

Cheapest Available Three Hills Apartments for Rent and Nearby

 

The cheapest available apartment rental in Three Hills, AB is a 1 Bed unit found at Mainstreet Gaetz Core priced from $975. Mainstreet Waskasoo Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,049. Here is today’s list of the most affordable Three Hills apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mainstreet Gaetz Core1 Bedroom1BR,1BA$975
Mainstreet Waskasoo Apartments1 Bedroom1BR,1BA$1,049
Hillside- 1 Bedroom1BR,1BA$1,235

Best Value Apartments for Rent in Three Hills, AB and Nearby

As of June 19, 2026 the best value apartment in the Three Hills area is the $1.30 price per square foot - 3 Bedroom Model at Revy Townhomes in the starting from $1,730. The second greatest value Three Hills apartment is the 3 Bedroom 2 Bath Model at Jovie Apartments starting at $2,100 with a $2.09 price per square foot in the Suburban North neighborhood. Here is today’s list of the best values for Three Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Revy Townhomes- 3 Bedroom3BR,1.5BA$1.30
Jovie Apartments3 Bedroom 2 Bath3BR,2BA$2.09
Liberty Park Apartments- 2 Bedroom2BR,2BA$1.75
The Treo at SherwoodTwo Bedroom + Two Bath2BR,2BA$1.89
Airdrie Place Apartments2 Bed 2 Bath A2BR,2BA$2.00
King's Heights- 2 Bedroom2BR,1BA$1.76
Lonsdale Court2B1B (Layout B)2BR,1BA$2.01
Trailside at Skyview Ranch2 Bed + 1 Bath2BR,1BA$1.89
Mainstreet Waskasoo Apartments1 Bedroom1BR,1BA$1.75
Mainstreet Gaetz Core1 Bedroom1BR,1BA$1.95

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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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

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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 Three Hills

What type of rentals are currently available in Three Hills?

There are currently 39 Apartments for Rent in Three Hills, AB with pricing that ranges from $975 to $7,876. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Three Hills ranging from $1,500 to $2,500.

What is the current price range for Rental Homes in Three Hills?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Three Hills ranges from $1,500 to $2,500 with an average monthly rent of $1,972.

How much are larger Three and Four Bedroom Rentals in Three Hills?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Three Hills range from $1,278 to $5,416, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $2,300. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $1,810.

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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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.