The region has a variety of housing options
available. From country living to an urban lifestyle, the region's
housing choices are varied, attractive and affordable. Canada Mortgage
and Housing Corporation reports that the average one-bedroom apartment
rent in Lethbridge (2004) is $545 per month compared to rates in Red
Deer, Calgary and Edmonton ranging from $547 to $655 per month. Average
dwelling prices for a detached bunglow average $152,000. Current market conditions result in variances from month to month as well as between municipalities within the region.