Cheap Apartments for Rent in Edmonton, AB from C$600 (356 Rentals)

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

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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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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property at 8510 111 St NW

8510 111 St NW

EdmontonABT6G 1H7

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Edmonton, AB Local Guide

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Written By:
Brandie Parton
Local Expert

Cheapest Neighborhoods for Apartments in Edmonton, AB

Pricing Updated: 06/13/2025

Current apartment rentals in the Edmonton, AB area range in price from C$495 to C$4,204 with an overall median price of C$2,584. The three Edmonton neighborhoods with the lowest median rent pricing are South at C$495, North at C$989, and West at C$495. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Edmonton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
SouthC$1,949C$495326
NorthC$2,025C$989322
WestC$2,149C$49542
South CentralC$3,067C$96087
CentralC$3,121C$960231
DowntownC$3,195C$960107

Cheapest Available Edmonton Apartments for Rent

 

The cheapest available apartment rental in Edmonton, AB is a Studio unit found at Hartford Apartments in the Central neighborhood priced from C$697. Arcade Heritage Apartments in the Central neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from C$779. Here is today’s list of the most affordable Edmonton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hartford ApartmentsBachelorStudio,1BAC$697
Arcade Heritage ApartmentsBachelorStudio,1BAC$779
Mainstreet ParkBachelorStudio,1BAC$799
Heritage Trail Apartments 1BachelorStudio,1BAC$849
River Valley View Apartments 1BachelorStudio,1BAC$849
Oakmount ManorBachelorStudio,1BAC$851
Fernwood ApartmentsClassic Suite - BachelorStudio,1BAC$869
Waselenak PlaceBachelorStudio,1BAC$889
Hansen HouseBachelorStudio,1BAC$895
Cedar GroveBachelorStudio,1BAC$899

Best Value Apartments for Rent in Edmonton, AB

As of June 13, 2025 the best value apartment in the Edmonton area is the C$1.35 price per square foot Walnut Model at Vue at Jagare Ridge in the in the South neighborhood starting from C$2,095. The second greatest value Edmonton apartment is the 3 Bedroom TH Model at Cherry Hills at Orchards starting at C$1,995 with a C$1.29 price per square foot in the South neighborhood. Here is today’s list of the best values for Edmonton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Vue at Jagare RidgeWalnut3BR,2.5BAC$1.35
Cherry Hills at Orchards3 Bedroom TH3BR,2.5BAC$1.29
Park Place SouthThe Pine3BR,1.5BAC$1.18
South Ridge TownhomesClassic Suite - 3 Bedroom3BR,1.5BAC$1.34
Wellington Park Townhomes3 bedroom3BR,1BAC$1.44
West Edmonton Village2 Bedroom2BR,1BAC$1.48
Lord Byron Tower II2 Bedroom2BR,1BAC$1.47
Cambridge WestEton1BR,1BAC$1.28
Cameron CountyClassic Suite - 1 Bedroom1BR,1BAC$1.44
Joy Manor Apartments1 bedroom1BR,1BAC$1.44

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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Edmonton Overview

As the northernmost city in North America, Edmonton, AB, boasts a metropolitan population of over a million residents. This city, which is located in the province of Alberta, Canada, features a beautiful mixture of diverse landscapes thanks to its location being between the boreal forest and the prairies, along with it being located just northeast of the Rocky Mountains. 

Why live in Edmonton, AB?

In addition to its picturesque landscape, Edmontonians, as the residents are called, are known for their friendliness and overall welcoming nature, making Edmonton a great city to move into and easily make friends. This unique appeal to a variety of age groups and life stations attracts the brightest and the best, which has led to it being one of the fastest-growing cities in all of Canada and one of the youngest, with a median age of 37. It is also an affordable place to relocate. As a result, it was ranked number one by the Canadian Home Builders’ Association when considering key factors that impact housing affordability and overall cost of living rates. 

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

Explore Edmonton, AB Rentals by Map

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See the most popular apartments and homes in Edmonton, AB

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Edmonton, AB Area Reviews

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Sophie • 2+ years in Edmonton

February 25, 2025

well the rent is too hight for new comers and for people who really need to move.

Frequently Asked Questions about Cheap Edmonton Apartments

What is the Cheapest Studio apartment in Edmonton?

Currently the most affordable Cheap Studio Apartment in Edmonton is at Hartford Apartments listed at C$697.

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

The lowest price for a Cheap One Bedroom Edmonton Apartment is C$899 at Waselenak Place.

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

Today's best deal for a Cheap Two Bedroom Apartment in Edmonton is starting from C$1,025 at Inglewood 124 Apartments.

What is the most affordable Edmonton Three Bedroom Apartment?

The best deal on a cheap Edmonton Three Bedroom Apartment rental is at Athlone Park Townhomes and starts from C$1,399.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.