South Park Apartments
90 Sprague Way SE,
Medicine Hat, AB T1B 3M1
Studio - 2 Beds | $1,010 - $1,480
Rental Market Trends in Medicine Hat, AB
What is the average rent in Medicine Hat, AB?
$1,223/month
Average Rent
538 Sq Ft
Average Apartment Size
+1%
Increase in the Last Year
As of July 2026, the average rent in Medicine Hat, AB was $1,223/month. When you rent an apartment in Medicine Hat, you can expect to pay as little as $1,039 to as much as $1,691, depending on the location and size of the apartment.
Floor Plan Type
Average Rent
Average 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 1%, which averages out to $13 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 2026
Legend
2025
2026
Rent Ranges in Medicine Hat, AB
Last Updated July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
96%
$1,001 - $1,500/month
4%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Medicine Hat, AB?
Because the average rent in Medicine Hat is $1,223, you’ll want to make about $4,076 per month or $48,912 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 Medicine Hat, AB compare to other nearby cities and neighbourhoods?
Use the tool below to compare Medicine Hat, AB to other nearby cities and neighbourhoods. The Apartments.com neighbourhood guides provide you with insight into the area’s transportation, things to do, and more.
Apartment Communities in Medicine Hat We Think You'll Love
Frequently Asked Questions
What is the average rent in Medicine Hat?
The average rent in Medicine Hat is $1,223 per month, which is 29.0% lower than the national average of $1,723.
Are rents going up or down in Medicine Hat?
Rents in Medicine Hat, AB are increasing, with prices up 1.0% year-over-year and $13 more per month.
What rent range is most common in Medicine Hat?
In Medicine Hat, AB, 96% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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.