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5 Most Affordable Neighbourhoods in Okotoks: Best for Less

Posted by Justin Havre on Thursday, May 11th, 2023 at 10:38am.

Okotoks Most Affordable Neighbourhoods

The scenic surroundings and beautiful homes in the most affordable neighbourhoods in Okotoks, a town located just south of Centre City Calgary, offer something for every homebuyer. The town of Okotoks is known for its small-town charm, scenic views of the Rocky Mountains, and proximity to outdoor recreational opportunities. If you're considering moving to Okotoks on a budget, be sure to explore its most affordable neighbourhoods and all they have to offer.

Heritage Okotoks

Heritage Okotoks is a compact community just east of the central part of the city, bounded by Railway Street and Crystal Ridge Drive. While it may be among Okotoks' most affordable neighbourhoods, it's also one of the closest to the amenities and attractions of downtown. Restaurants like Heartland Cafe, nightlife spots like Hub Town Brewing, and a mix of local shops ranging from antique stores to butchers are all just a short walk or drive away. There's also extensive shopping and local services just across Crystal Ridge Drive in a growing commercial development.

Within the Heritage Okotoks community, residents can exercise on nearby walking or biking trails or relax in Kinsmen Park, which offers sports fields and other public green spaces. Enjoying the gorgeous Sheep River waterfront is also simple from the community, with Heritage Parkway access just across Railway Street.

Homes in Heritage Okotoks are a budget-friendly mix of low-rise Okotoks condominiums and smaller single-family detached homes. Condos are typically one or two bedrooms and can be found in the high $100s to mid-$200s. Detached homes generally sell in the mid-$200s.

Heritage Okotoks Amenities

  • Neighbourhood walking and biking trails
  • Convenient to downtown, Sheep River
  • Kinsmen Park

Drake Landing

Where to Find Affordable Homes in Okotoks

Those looking for one of Alberta's most unique, affordable neighbourhoods should check out Drake Landing, a master-planned community in northeastern Okotoks. It's the site of the Drake Landing Solar Community, a development of just over 50 homes that takes advantage of innovative technology that collects solar thermal energy in the summer; that energy is then used to virtually eliminate heating needs during the winter for these highly-efficient and insulated homes.

Drake Landing also encompasses more than 800 more traditional homes, which nevertheless maintain the same high-quality construction and finishes, along with access to the area's walking trails, community ponds, and park space like Okotoks Off Leash Dog Park. Shopping and other everyday services are just minutes away, while a small commercial development in the community's northwestern corner provides convenient nearby businesses like the delicious Brown Sugar Bakeshop.

Drake Landing housing is entirely made up of single-family detached properties, sizes ranging from cozy two-bedrooms to sprawling homes of six bedrooms. Many back directly onto green space or water features for added privacy. Despite their relative newness and sometimes solar benefits, homes in Drake Landing are relatively budget-friendly and can be found from the low $600s. However, the community's most spacious, luxurious homes typically top out in the $900s.

Drake Landing Amenities

  • Okotoks Off Leash Dog Park
  • Drake Landing Soccer Field South
  • Beatrice Wyndham Parkway access
  • Community ponds
  • Drake Landing Playground

D'Arcy Ranch

Another top master-planned community for those looking for budget-friendly options, D'Arcy Ranch, is located in northwestern Okotoks, just west of Highway 2A/Northridge Drive. The mixed-use community has set aside space for a school and future commercial development alongside the planned 2,000 homes, ensuring life in D'Arcy Ranch will only get more convenient as time passes. One of the top current amenities is the nearby D'Arcy Ranch Golf Club, one of the region's best public 18-hole courses.

Residents can also enjoy a selection of neighbourhood parks, as well as walking trails that connect the area. The location along Highway 2A and near other major roads also makes it simple for those commuting into Calgary or escaping into the gorgeous regions to the west.

D'Arcy Ranch homes generally include three or four bedrooms, with square footage ranging from just under 1,000 to more than 2,500. Interior features like 9-foot ceilings, large windows, ample flex space, spacious outdoor patios, and other areas are among the attractive options for future owners. Buyers can find them starting around half a million dollars, with most of the new construction homes in the community selling from the high $500s to the mid-$600s.

D'Arcy Ranch Amenities

  • Adjacent to Highway 2A
  • Allen King Park
  • Community walking paths
  • D'Arcy Ranch Golf Club
  • Darcy's Playground
  • Fitness park
  • Outdoor skating rink
  • Off-leash dog park


The sprawling master-planned community of Cimarron is located on the south side of the Sheep River, bordered by Highways 2A and 7. The mixed-use neighbourhood includes nearly everything residents could need. It's centred around the gorgeous Cimarron Park, which provides a playground and sports fields and is also connected to much of the area via a network of walking trails. These trails also provide access to the beautiful places near the Sheep River. Cimarron is also the site of the Cornerstone Okotoks Mall, where residents can shop at a variety of big box stores or grab a bite to eat at their choice of popular chains or local favourites like Yokozuna.

In addition, numerous Okotoks schools are located within the neighbourhood, as is Okotoks Centennial Arenas, providing two NHL-sized ice arenas, an indoor track, a fitness centre, and more.

Homes in Cimarron include condos and single-family detached homes, providing choices for buyers with varying needs. Condos start in the low to mid-$200s for one- or two-bedroom units. Spacious, modern detached properties can be found from the mid-$500s and up, typically selling for less than $800,000. They're often set on relatively large lots, sometimes backing onto the community's green space or water features.

Cimarron Amenities

  • Adjacent to Highways 2A, 7
  • Cimarron Park
  • Howard Park
  • Community walking paths
  • Cornerstone Okotoks shopping mall
  • Okotoks Centennial Arena

Suntree Heights

What are the Most Affordable Neighbourhoods in Okotoks?

Suntree Heights offers one of Okotoks' most convenient locations, just north of downtown and surrounded by a desirable mix of parks and amenities. This quiet residential neighbourhood of tree-lined streets and cul-de-sacs sits just east of Highway 2A/Northridge Drive and north of Milligan Drive, putting the attractions, shopping, and dining of downtown just minutes away.

Likewise, it's nearly as easy to drive into Calgary, thanks to its location in northern Okotoks. In addition, residents are just across the street from the popular Okotoks Recreation Centre, where they can swim in multiple pools, work out at the gym, use various sports facilities, and much more. Meanwhile, outdoors lovers will enjoy numerous smaller neighbourhood parks, often connected through a series of walking trails.

Would-be buyers in Suntree Heights will find some of the area's most spacious, affordable single-family detached homes, primarily built in the 1990s. They typically include three or four bedrooms and as much as 2,100 square feet of living space. Homes in Suntree Heights also generally have large garages, perfect for additional storage. Prices start in the high $500s, reaching the low $700s for the neighbourhood's best properties.

Suntree Heights Amenities

  • Adjacent to Highway 2A
  • Okotoks Recreation Centre
  • Tower Hill Park
  • Community playground
  • Neighbourhood walking trails

Your Okotoks Neighbourhood Awaits

Okotoks offers a variety of affordable neighbourhoods for those looking to settle in a charming town with easy access to outdoor activities and city amenities. These neighbourhoods offer a range of housing options in different areas of town, providing a range of options for potential homebuyers, and with all their amenities, it's not hard to see why some are even considered among the best best neighbourhoods in Okotoks.

If you're looking for the perfect Okotoks home, contact Justin Havre with eXp Realty with Calgary Homes at (403) 217-0003 to get in touch with a local Okotoks real estate agent and discover your new dream home today.

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