
Cheap New Apartments for Rent in Edmonton, AB from $500 (97 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in Edmonton.


Westgate Apartments

The Oliver

Henley Heights

Maple Crest

West92

Century Gardens

Essential Aurora

Peak Residences
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.

Alto

The James

Edgemont Estates

Glenridding Village Living Ltd

Link 95

Secord Landing

Slate

The Edge

Cachet at Heritage Valley
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.

The View at Charlesworth

The Beacon at East Junction

Sync 111

Pointe at Cameron Heights

Abbey Park

Stella Place

Axxess

Bravo

Heritage Valley Apartments
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.

The Barracks

The Heartwood

The HAT at Whyte

Paisley Townhomes

Elmora

Hat at Five Corners

Edgemont Flats

Cornerstone at Uplands

Avana Chappelle
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.

Harmony

Heritage Valley Heights Townhomes

Inglewood Lofts

The Trax

The Laurent at Laurel

Vive Residences

The Link

Gardens Encore

Nautical Luxury Suites at Summerside
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.

Hat at 122

Insignia Tower
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 | $1,130 | $699 | $3,021 |
| Edmonton 1 Bedroom Apartments | $1,490 | $750 | $4,610 |
| Edmonton 2 Bedroom Apartments | $1,851 | $945 | $5,020 |
| Edmonton 3 Bedroom Apartments | $2,117 | $910 | $6,710 |
| Edmonton 4 Bedroom Apartments | $3,718 | $955 | $6,401 |
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 Shannon Villa which is listed at $798, while the average apartment in Edmonton costs $11,001.
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 54 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 $257 which is $10,744 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.