74 Elma St W
74 Elma St W,
Okotoks, AB T1S 1J8
Studio | $3,929
Rental Market Trends in Okotoks, AB
Updated September 2026
The average rent in Okotoks, AB is $1,687/month.
$1,687/month
Average Rent
639 Sq Ft
Average Size
+8.9%
Change / Year
2
Available Apartments
Okotoks rent varies by unit size and layout:
- Studio apartments in Okotoks average per month.
- One-bedroom apartments in Okotoks average $1,687 per month.
- Two-bedroom apartments in Okotoks average $1,977 per month.
- Three-bedroom apartments in Okotoks average $2,228 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Okotoks, AB?
In the past year, rent has increased by 8.9%, which averages out to $151 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Okotoks, AB
September 2026
$1,501 - $2,000
Most rental prices fall within this range
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 $1,687, you’ll want to make about $5,623 per month or $67,476 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 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.
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Okotoks We Think You'll Love
Frequently Asked Questions
What is the average rent in Okotoks?
The average rent in Okotoks is $1,687 per month, which is 2.0% lower than the national average of $1,721.
Are rents going up or down in Okotoks?
Rents in Okotoks, AB are increasing, with prices up 8.9% year-over-year and $151 more per month.
What rent range is most common in Okotoks?
In Okotoks, AB, 67% of apartments fall between $1,501 - $2,000/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.