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Rental Market Trends in Okotoks, AB

What is the average rent in Okotoks, AB?

$1,676/month

Average Rent

639 Sq Ft

Average Apartment Size

+7.1%

Increase in the Last Year

As of May 2026, the average rent in Okotoks, AB was $1,676/month. When you rent an apartment in Okotoks, you can expect to pay as little as to as much as $2,212, depending on the location and size of the apartment.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,676/month
639 Sq Ft
Two Bedroom
$1,964/month
1,013 Sq Ft
Three Bedroom
$2,212/month
1,389 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 Okotoks, AB?

In the past year, rent has increased by 7.1%, which averages out to $119 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 May 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Okotoks, AB
Last Updated May 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Okotoks, AB
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
67% $1,501 - $2,000/month
33% Above $2,000/month

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

Because the average rent in Okotoks is $1,676, you’ll want to make about $5,586 per month or $67,032 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

Okotoks, AB

53 Available Apartments for Rent

Search for Nearby Apartments

How does Okotoks, AB compare to other nearby cities and neighbourhoods?

Use the tool below to compare Okotoks, 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 Averages

Nearby City Rent Trends

  • High River Average Rent
  • Calgary Average Rent

Apartment communities in Okotoks we think you'll love

74 Elma St W

74 Elma St W

74 Elma St W,
Okotoks, AB T1S 1J8

$2,665 Total Monthly Price

1 Bed

100 Banister Dr

100 Banister Dr

100 Banister Dr,
Okotoks, AB T1S 5R1

$1,650

1 Bed

170 N Railway St

170 N Railway St

170 N Railway St,
Okotoks, AB T1S 1Z8

$1,649

2 Beds

170 N Railway St

170 N Railway St

170 N Railway St,
Okotoks, AB T1S 1Z8

$1,749

2 Beds

Canada Alberta Okotoks 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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