Rental Market Trends in Lethbridge, AB

What is the average rent in Lethbridge, AB?

C$1,262/month

Average Rent

551 Sq Ft

Average Apartment Size

+2.2%

Increase in the Last Year

As of January 2025, the average rent in Lethbridge, AB was C$1,262/month. When you rent an apartment in Lethbridge, you can expect to pay as little as C$1,170 to as much as C$1,593, depending on the location and size of the apartment.

Floor Plan Type

Average Rent

Average Sq Ft

Studio

C$1,170/month

353 Sq Ft

One Bedroom

C$1,262/month

551 Sq Ft

Two Bedroom

C$1,406/month

737 Sq Ft

Three Bedroom

C$1,593/month

960 Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

Floor Plan Type

Average Rent

Average Sq Ft

How much has average rent changed in Lethbridge, AB?

In the past year, rent has increased by 2.2%, which averages out to C$28 more per month.

Percentage*

Rent Range

0% Below C$700/month

4% C$700 - C$1,000/month

87% C$1,001 - C$1,500/month

9% C$1,501 - C$2,000/month

0% Above C$2,000/month

What salary do I need to live comfortably in Lethbridge, AB?

Because the average rent in Lethbridge is C$1,262, you’ll want to make about C$4,206 per month or C$50,472 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

How does Lethbridge, AB compare to other nearby cities and neighborhoods?

Use the tool below to compare Lethbridge, AB to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Apartment communities in Lethbridge we think you'll love

608 Silkstone Point W

608 Silkstone Point W,
Lethbridge, AB T1J 4C1

4 Beds | C$1,999

217 Mt Blakiston Rd W

217 Mt Blakiston Rd W,
Lethbridge, AB T1K 6M3

4 Beds | C$1,995

21 Kensington Rd W

21 Kensington Rd W,
Lethbridge, AB T1J 4S7

4 Beds | C$1,999

1730-1730 10 Ave S

1730-1730 10 Ave S,
Lethbridge, AB T1J 1W5

1 Bed | Call for Rent

Canada Alberta Lethbridge Rental Trends

Methodology

† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

* Percentages may not total 100 due to rounding.