How to rent a condo in Calgary

Can you afford to live in a condo?

It depends on where you live and what you want.

The City of Calgary says condos are for people who need to be close to work and people who are in need of affordable housing.

The city’s Rent and Housing Bureau is asking landlords to rent out apartments that are 50 per cent or less than 30 per cent of the unit’s market value.

That means you can live in one of the apartments for $1,000 a month, up from $400.

That is $1.40 less than what you could pay today, or $4,000 less than your average rent.

The bureau is asking for a deposit of $500 and a $1 down payment of $100, up to $500 a month.

Rents start at $1 a month and increase to $1 in April and $2 in June.

The minimum monthly rent is $3,600.