Cheap New Apartments for Rent in Edmonton, AB from $500 (71 Rentals) Page 2 of 2

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

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Elmora
$1,300 - $1,925Built in 2026Studio to 2 Bedroom Apartments

Elmora

8610 159 St NWEdmonton, AB T5R 2E7
  • Smoke Free
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The James
$1,340 - $1,612Built in 20181 to 3 Bedroom Apartments

The James

11960 26 Ave SWEdmonton, AB T6W 0C8
  • Utilities Included
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Rosenthal Flats
$1,355 - $2,295Built in 20251 to 4 Bedroom Apartments

Rosenthal Flats

8404 229 St NWEdmonton, AB T5T 7L4
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Edgemont Estates
$1,377 - $1,482Built in 20191 to 3 Bedroom Apartments

Edgemont Estates

6303 Elston Gate NWEdmonton, AB T6M 1L7
  • Utilities Included
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Secord Landing
$1,395 - $1,795Built in 20201 to 3 Bedroom Apartments

Secord Landing

615 Secord Blvd NWEdmonton, AB T5T 7M2
  • Utilities Included
  • Smoke Free
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Edgemont Flats
$1,395 - $1,725Built in 20211 to 3 Bedroom Apartments

Edgemont Flats

5325 Edgemont Blvd NWEdmonton, AB T6M 3B4
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The Trax
$1,399 - $1,599Built in 2019Studio to 2 Bedroom Apartments

The Trax

10054 79th Ave NWEdmonton, AB T6E 1R5
  • Utilities Included
  • Smoke Free
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Slate
$1,399 - $1,689Built in 20211 to 2 Bedroom Apartments

Slate

811-823 Daniels Way SWEdmonton, AB T6W 4T5
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Link 95
$1,400Built in 20241 to 2 Bedroom Apartments

Link 95

9502 86 St NWEdmonton, AB T6C 3E9
  • Utilities Included
  • Smoke Free
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Cachet at Heritage Valley
$1,412 - $1,750Built in 20161 to 2 Bedroom Apartments

Cachet at Heritage Valley

3503 James Mowatt Trl SWEdmonton, AB T6W 1A8
  • Smoke Free

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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Hat at Five Corners
$1,438 - $1,975Built in 2018Studio to 3 Bedroom Apartments

Hat at Five Corners

10215 95th St NWEdmonton, AB T5H 2B2
  • Utilities Included
  • Smoke Free
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The View at Charlesworth
$1,443 - $1,597Built in 20221 to 3 Bedroom Apartments

The View at Charlesworth

5207 4 Av SWEdmonton, AB T6X 2Y2
  • Utilities Included
  • Smoke Free
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Abbey Park
$1,450 - $2,109Built in 20241 to 2 Bedroom Apartments

Abbey Park

10231 120 St NWEdmonton, AB T5K 2A4
  • Utilities Included
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Sync 111
$1,450 - $1,899Built in 2023Studio to 2 Bedroom Apartments

Sync 111

10312 111 St NWEdmonton, AB T5K 1L2
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Stella Place
$1,450 - $1,770Built in 20161 to 2 Bedroom Apartments

Stella Place

12847 50 St NWEdmonton, AB T5A 1S1
  • Utilities Included
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Pointe at Cameron Heights
$1,450 - $1,800Built in 20221 to 3 Bedroom Apartments

Pointe at Cameron Heights

3170 Cameron Heights Way NWEdmonton, AB T6M 0C9
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Axxess
$1,475 - $1,485Built in 20161 to 3 Bedroom Apartments

Axxess

930 156 St NWEdmonton, AB T6R 0N7
  • Utilities Included
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Bravo
$1,491 - $1,870Built in 20241 to 3 Bedroom Apartments

Bravo

10028 142 St NWEdmonton, AB T5N 2N5
  • Utilities Included
  • Smoke Free
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Heritage Valley Apartments
$1,495 - $1,620Built in 20231 to 2 Bedroom Apartments

Heritage Valley Apartments

2703-2715 James Mowatt Trl SWEdmonton, AB T6W 3B8
  • Utilities Included
  • Smoke Free

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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The Barracks
$1,500 - $2,200Built in 20241 to 3 Bedroom Apartments

The Barracks

6855 NW Ad Astra BlvdEdmonton, AB T5E 6Z6

Edmonton, AB Area Reviews

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Sophie2+ 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 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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.