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Rental Market Trends in Medicine Hat, AB

What is the average rent in Medicine Hat, AB?

C$1,200/month

Average Rent

537 Sq Ft

Average Apartment Size

+0.1%

Increase in the Last Year

As of July 2025, the average rent in Medicine Hat, AB was C$1,200/month. When you rent an apartment in Medicine Hat, you can expect to pay as little as C$1,026 to as much as C$1,639, depending on the location and size of the apartment.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
C$1,026/month
219 Sq Ft
One Bedroom
C$1,200/month
537 Sq Ft
Two Bedroom
C$1,371/month
748 Sq Ft
Three Bedroom
C$1,639/month
1,044 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 Medicine Hat, AB?

In the past year, rent has increased by 0.1%, which averages out to C$2 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Medicine Hat, AB
Last Updated July 2025
C$1,001 - C$1,500
Most rental prices fall within this range
Rent Ranges in Medicine Hat, AB
Percentage*
Rent Range
0% Below C$700/month
0% C$700 - C$1,000/month
96% C$1,001 - C$1,500/month
4% C$1,501 - C$2,000/month
0% Above C$2,000/month

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

Because the average rent in Medicine Hat is C$1,200, you’ll want to make about C$4,000 per month or C$48,000 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.

City

Medicine Hat, AB

177 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Medicine Hat, 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 Medicine Hat we think you'll love

130 A-102 2 St NE

130 A-102 2 St NE

130 A-102 2 St NE,
Medicine Hat, AB T1A 5L2

1 Bed | C$1,150

149-148 8 St SE

149-148 8 St SE

149-148 8 St SE,
Medicine Hat, AB T1A 1L2

3 Beds | C$1,695

506 B-5-5066 6 Ave SE

506 B-5-5066 6 Ave SE

506 B-5-5066 6 Ave SE,
Medicine Hat, AB T1A 2T8

1 Bed | C$1,100

506 B-4-5066 6 Ave SE

506 B-4-5066 6 Ave SE

506 B-4-5066 6 Ave SE,
Medicine Hat, AB T1A 2T8

1 Bed | C$1,100

Canada Alberta Medicine Hat 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.

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