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Most Affordable in Alberta

Top 100 cities ranked by most affordable

Most Affordable — Alberta

1 Drumheller $250,000
2 Vegreville $250,000
3 Stettler $250,000
4 Westlock $250,000
5 Wetaskiwin $250,000
6 Ponoka $258,000
7 Taber $260,000
8 Brooks $266,000
9 Redcliff $270,000
10 Wainwright $276,000
11 St. Paul $278,000
12 Drayton Valley $278,000
13 Athabasca $280,000
14 Rocky Mountain House $280,000
15 Didsbury $286,000
16 Glamorgan $290,615
17 Thorncliffe $290,615
18 Silver Springs $290,615
19 Dalhousie $290,615
20 Rutherford $290,615
21 Ogden $290,615
22 Marlborough Park $290,615
23 Penbrooke Meadows $290,615
25 Rocky Ridge $290,615
26 Silver Berry $290,615
27 Wild Rose $290,615
28 Legacy $290,615
29 Summerside $290,615
30 Silverado $290,615
31 Scenic Acres $290,615
32 Harvest Hills $290,615
33 Walden $290,615
34 South Terwillegar $290,615
35 Ranchlands $290,615
36 Canyon Meadows $290,615
37 Brentwood $290,615
38 Queen Mary Park $290,615
39 Hamptons $290,615
40 Altadore $290,615
41 Grand Centre $290,615
42 Glenbrook $290,615
43 Forest Lawn $290,615
44 Cougar Ridge $290,615
45 Kincora $290,615
46 Haysboro $290,615
47 Boyle Street $290,615
48 Allard $290,615
49 Applewood Park $290,615
50 Erin Woods $290,615
52 Millrise $290,615
53 Kiniski Gardens $290,615
54 West Hillhurst $290,615
55 Terwillegar Towne $290,615
56 Braeside $290,615
57 Belvedere $290,615
58 Willow Park $290,615
59 La Perle $290,615
60 Bankview $290,615
61 Tuxedo Park $290,615
62 Empire Park $290,615
63 Brintnell $290,615
64 Hollick-Kenyon $290,615
65 Belmont $290,615
66 Richmond $290,615
67 Baturyn $290,615
68 Aldergrove $290,615
69 Ormsby Place $290,615
70 Valley Ridge $290,615
71 Hillhurst $290,615
72 Ellerslie $290,615
73 Bearspaw $290,615
74 Callingwood South $290,615
75 Coral Springs $290,615
76 MacEwan $290,615
77 Oakridge $290,615
78 Evansdale $290,615
79 Kilkenny $290,615
80 Castleridge $290,615
81 Renfrew $290,615
82 Somerset $290,615
83 Sherwood $290,615
84 Midnapore $290,615
85 Twin Brooks $290,615
86 Cumberland $290,615
87 Dunluce $290,615
88 Mount Pleasant $290,615
89 Inglewood $290,615
90 Crescent Heights $290,615
91 Ambleside $290,615
92 Mayland Heights $290,615
93 Sandstone Valley $290,615
94 Ottewell $290,615
95 Westmount $290,615
96 Lymburn $290,615
97 Abbeydale $290,615
98 Forest Heights $290,615
99 Southwood $290,615
100 Glastonbury $290,615

The most affordable housing markets in Alberta offer opportunities for homeownership at a fraction of the cost of major metros. Drumheller has a median home value of just $250,000.

Affordable housing markets often feature lower costs of living overall, making them attractive to retirees, remote workers, and families building wealth through homeownership. Many of these cities offer solid community amenities despite their lower price points.

While low home values make homeownership accessible, they may also reflect limited job markets or slower economic growth. The rise of remote work has created new opportunities for these communities to attract residents who can earn higher salaries from distant employers.

Did You Know?

  • 1. In Drumheller, the median home costs just $250,000 — less than a new luxury car.
  • 2. Affordable housing markets have seen increased interest since the rise of remote work, as buyers can earn higher salaries from anywhere.
  • 3. Many of the most affordable cities are in the South and Midwest, where land costs and construction expenses are lower.

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