Apartments for Rent in Lethbridge, AB

Listings last updated 05/13/2021

Only 1 listing is available in Lethbridge. Below you can find apartments for rent from nearby areas in Southern Alberta:

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Frequently Asked Questions

How many apartments for rent are available in Lethbridge, AB?

There are 1 apartments for rent in Lethbridge, AB to choose from, with prices between $1,040 and $1,140 per month.

How to search for apartments for rent in Lethbridge, AB?

Your perfect apartment for rent in Lethbridge, AB is just a few clicks away on Point2. You can look up 1-bedroom, 2-bedroom, 3-bedroom apartments, studio apartments or any other type of rental in Lethbridge, AB. Just use the filtering options available to find properties according to your needs. 

How to find Lethbridge, AB apartments for rent I can afford?

On Point2, you can search for apartment rentals in Lethbridge, AB based on your budget. Sort all condos according to price, or get a tailored list of properties by setting the minimum and maximum monthly rates you're comfortable with. Moreover, you can use the Price Drop filter to look for any recent rent declines on the Lethbridge, AB rental market. 

What type of information can I find on Point2?

Point2 offers a lot of information about rentals in Lethbridge, AB, from property type, square footage and amenities to area demographics and even local rent trends. Additionally, you can use the map view to check if the apartments you're looking at are close to the facilities and services you need. The name and contact details of the real estate agents handling the condos are available on all listings, so just reach out to them directly through the contact forms provided. 

How to find apartments for rent near me?

Save time and energy when looking up nearby rental places by using the Point2 near me pages: Apartments for rent near your location | Houses for rent near me| Townhomes for rent near me | 1-bedroom rentals near me| 2-bedroom rentals near me | 3-bedroom rentals near me

CITY GUIDE
LETHBRIDGE, ALBERTA

The city of Lethbridge covers over 122 square kilometres in the province’s southern section, near the communities of Fort MacLeod, Picture Butte, Coaldale, and Raymond. Situated along Oldman River, the city is home to over 92,000 people. Lethbridge has a number of beautiful parks, including Pavan Park, Alexander Wilderness Park, Peenaquim Park, Indian Battle Park, Bull Trail Park North, Botterill Bottom Park, Popson Park, and Cottonwood Park.

Lethbridge, AB

Lethbridge, AB
real estate market

Real Estate Market Overview

Lethbridge’s house prices, averaging around $250,000 to $450,000, make the city an affordable place to live. A mix of everything can be found in Lethbridge’s northern section, including older and newer single-family homes, condos, row houses, and industrial commercial space.Newer homes tend to be found along the city’s outskirts. Older single-family homes make up the majority of what’s on offer in the city’s central section. There are also some condo options and industrial commercial spaces available in this section. In the southern section of the city, there are older and newer single-family homes, condos, commercial space, and high-priced vacant lots.


Rental Market

The vacancy rate in Lethbridge has been increasing slightly over the past few years, moving from around 5% to 7%.Vacancy rates are highest for bachelor and two-bedroom apartments in the city. The increasing vacancy rate can be attributed to fewer migrant workers coming to the area for oil and gas employment, as well as the addition of new apartments in the city.Average rent costs in Lethbridge are around $650 for a bachelor apartment, $820 for a one-bedroom apartment, $930 for a two-bedroom apartment, and $1,100 for a three-bedroom (or more) apartment. The overall average rent cost in the city is about $880. Rent costs have increased slightly over the past few years, with bachelor, one-bedroom, and two-bedroom units experiencing the largest increases.

real estate market

Employment

Lethbridge’s major industries include manufacturing, supply chain and logistics, retail, hospitality, agriculture/agri-food, finance, and technology. Lethbridge’s location and its three major highways and CP Rail main line have made logistics and transportation an important industry in the city. Billions of dollars’ worth of goods moves through Lethbridge on its way to the nearby Canada/United States border crossing just south of the city. Lethbridge is surrounded by more than 900 farms, which produce crops such as corn, canola, potatoes, sugar beets, and pulses, as well as livestock and dairy cattle. These goods are brought to Lethbridge for processing and packaging. Lethbridge’s unemployment rate has been hovering around 11%, which is higher than the national rate.


Transportation

Lethbridge Transit operates public transportation in the city in the form of 40 buses that service around a dozen routes.The buses are all accessible for people with mobility issues, wheelchairs, or strollers. Major terminals include the North Terminal, the City Centre Terminal, the College Terminal, and the University Terminal. Most routes operate seven days a week and they provide access to the majority of the city. Residents can also travel via Greyhound (long-distance bus) and the Lethbridge Airport.

Employment
Schools

Schools

Schools in the city are operated by the Lethbridge School District No. 51 and the Holy Spirit Roman Catholic School Division. Examples of schools in the city include Lakeview Elementary School, Westminster Elementary School, Dr. Gerald B. Probe Elementary School, Park Meadows Elementary School, Lethbridge Christian School, Immanuel Christian Elementary School, Wilson Middle School, Lethbridge Collegiate Institute, and Immanuel Christian High School. Private school options are also available. Lethbridge’s post-secondary options include Lethbridge College, the University of Lethbridge, Red Crow Community College, and Reeves College.


Family Life

The Helen Schuler Nature Centre features indoor and outdoor exhibits, programs, and events on a variety of nature-related themes. The centre includes the Lethbridge Nature Reserve, a 196-acre park with self-guided walking trails; a wide array of wildlife, such as white-tailed deer, mule deer, coyotes, porcupines, cottontail rabbits, and over 300 species of birds; a cottonwood forest; and the 78-acre Elizabeth Hall Wetlands. The Galt Museum and Archives provides exhibits and programs on the city’s history, with topics such as music, agriculture, crafts, and the military. The museum’s collections include photographs, documents, clothing, tools and equipment, and art. Events are held throughout the year, and visitors can check out the onsite gift shop for unique items.

Neighbourhoods

Read more about living in Lethbridge, AB.

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