Columbian Apartments
46 Carswell Rd SE,
Medicine Hat, AB T1B 1M1
Studio - 2 Beds | $1,065 - $1,395
Rental Market Trends in Medicine Hat, AB
Updated September 2026
The average rent in Medicine Hat, AB is $1,205/month.
$1,205/month
Average Rent
538 Sq Ft
Average Size
-0.4%
Change / Year
126
Available Apartments
Medicine Hat rent varies by unit size and layout:
- Studio apartments in Medicine Hat average $1,029 per month.
- One-bedroom apartments in Medicine Hat average $1,205 per month.
- Two-bedroom apartments in Medicine Hat average $1,397 per month.
- Three-bedroom apartments in Medicine Hat average $1,710 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Medicine Hat, AB?
In the past year, rent has decreased by 0.4%, which averages out to $5 less per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Medicine Hat, AB
September 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 $1,205, you’ll want to make about $4,016 per month or $48,192 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.
View the Medicine Hat Area GuideApartment 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 $1,205 per month, which is 30.6% lower than the national average of $1,737.
Are rents going up or down in Medicine Hat?
Rents in Medicine Hat, AB are decreasing, with prices down 0.4% year-over-year and $5 less 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.