
Cheap New Apartments for Rent in Edmonton, AB from $500 (71 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in Edmonton.


The James

Rosenthal Flats

Edgemont Estates

Secord Landing

Edgemont Flats

The Trax

Slate

Link 95

Cachet at Heritage Valley
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.

Hat at Five Corners

The View at Charlesworth

Abbey Park

Sync 111

Stella Place

The Beacon at East Junction

Pointe at Cameron Heights

Axxess

Bravo

Heritage Valley Apartments
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.

The Barracks
Edmonton, AB Local Guide
How much does it cost to rent an apartment in Edmonton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Edmonton Studio Apartments | $1,191 | $699 | $2,984 |
| Edmonton 1 Bedroom Apartments | $1,477 | $750 | $3,629 |
| Edmonton 2 Bedroom Apartments | $1,822 | $1,035 | $5,000 |
| Edmonton 3 Bedroom Apartments | $2,043 | $910 | $7,415 |
| Edmonton 4 Bedroom Apartments | $3,097 | $980 | $6,187 |
Explore Edmonton
Edmonton, AB Area Reviews
Sophie • 2+ years in Edmonton
February 25, 2025well 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 a cheap apartment in Edmonton?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Edmonton is under $850.
What is the price of a cheap apartment in Edmonton?
The cheapest apartment in Edmonton is Mainstreet on 124th which is listed at $864, while the average apartment in Edmonton costs $6,893.
What types of apartments are the cheapest in Edmonton?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 97 regular apartments in Edmonton that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Edmonton?
Cheap apartments in Edmonton have an average cost of $369 which is $6,524 cheaper than the average rent for all rentals in Edmonton.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.

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.