Cheap Apartments for Rent in Edmonton, AB from $500 (762 Rentals) Page 4 of 16

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

property at Unit 1, 10511 157 St

$1,250 - $1,995

2 To 3 Bedroom Rentals

Available Now

1, 10511 157 St

Unit 1, 10511 157 St
EdmontonABT5P 2V7
property at 10720-78 78 Ave NW

$1,195 - $1,250

Studio To 1 Bedroom Rentals

Available Aug 1

10720-78 78 Ave NW

EdmontonABT6E 1P6
property at 11633-11688 88 St

$1,075 - $1,300

1 To 2 Bedroom Rentals

Available Now

11633-11688 88 St

EdmontonABT5B 3R5
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Mercury Block
Rent Specials
$1,324 - $2,268
Total Monthly Price

Total Monthly Price

Base Rent
$1,324 - $2,268

Total Monthly Price
$1,324 - $2,268
1 to 3 Bedroom Apartments Available Now

Mercury Block

12322 102 Av NWEdmonton, AB T5N 3P7
Affordability
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The Cobalt
Rent Specials
$1,380 - $2,908
Total Monthly Price

Total Monthly Price

Base Rent
$1,380 - $2,908

Total Monthly Price
$1,380 - $2,908
1 to 3 Bedroom Apartments Available Now

The Cobalt

10146 123 St NWEdmonton, AB T5N 3W8
Affordability
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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 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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.