Cheap Apartments for Rent in Devon, AB from $900 (98 Rentals)

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Search the lowest-cost Apartments available for rent right now in Devon.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Mercury Block
Rent Specials
$1,435 - $2,205
Total Monthly Price

Total Monthly Price

Base Rent
$1,435 - $2,205
Total Monthly Price
$1,435 - $2,205
1 to 2 Bedroom Apartments Available Now

Mercury Block

12322 102 Av NWEdmonton, AB T5N 3P7
Affordability
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Devon, AB Local Guide

Cheapest Available Devon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Devon, AB is a Studio unit found at Garneau Towers Apartments in the South neighborhood priced from $954. Cloverdale Apartments in the South neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $989. Here is today’s list of the most affordable Devon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Garneau Towers ApartmentsStudioStudio,1BA$954
Cloverdale Apartments- 1 Bedroom1BR,1BA$989
Christopher's Place- BachelorStudio,1BA$999
The Pointe at RiverviewTownhome Lower: 1 Bed 1 Bath1BR,1BA$1,049
The CarltonStudioStudio,1BA$1,075
Parklane Gardens- 1 Bedroom1BR,1BA$1,085
Hillview Estates ApartmentsOne Bedroom1BR,1BA$1,100
Westbrook Estates1 Bedroom1BR,1BA$1,134
Edmonton House1 Bedroom1BR,1BA$1,150
Southdale Park ApartmentsOne Bedroom1BR,1BA$1,150

Best Value Apartments for Rent in Devon, AB and Nearby

As of April 28, 2026 the best value apartment in the Devon area is the $1.23 price per square foot - 3 Bedroom Model at South Ridge Townhomes in the in the South neighborhood starting from $1,809. The second greatest value Devon apartment is the - 3 Bedroom Model at Huntington Hill Coach Homes starting at $1,565 with a $1.42 price per square foot in the South neighborhood. Here is today’s list of the best values for Devon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
South Ridge Townhomes- 3 Bedroom3BR,1.5BA$1.23
Huntington Hill Coach Homes- 3 Bedroom3BR,1BA$1.42
Midtown Estates Apartments2 Beds, 1 Baths2BR,1BA$1.62
South Ridge Apartments- 2 Bedroom2BR,1BA$1.33
Redwood Court2 Bedroom2BR,1.5BA$1.50
Huntington Court Coach Homes- 2 Bedroom2BR,1BA$1.45
Viking Arms1 Bedroom Premium1BR,1BA$1.50
Hillview Estates ApartmentsTwo Bedroom2BR,1BA$1.49
Park Place SouthThe Maple1BR,1BA$1.52
Fairmont Village1 Bedroom1BR,1BA$1.47

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Devon, AB Rentals by Map

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See the most popular apartments and homes in Devon, AB

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Frequently Asked Questions about Cheap Devon Apartments

What is the Cheapest Studio apartment in Devon?

Currently the most affordable Cheap Studio Apartment in Devon is at Garneau Towers Apartments listed at $954.

How much is rent for a Cheap One Bedroom Devon Apartment?

The lowest price for a Cheap One Bedroom Devon Apartment is $989 at Cloverdale Apartments.

What is the lowest price for a Cheap Two Bedroom Devon Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Devon is starting from $1,225 at Park Place South.

What is the most affordable Devon Three Bedroom Apartment?

The best deal on a cheap Devon Three Bedroom Apartment rental is at Park Place South and starts from $1,470.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.