New Apartments for Rent in Edmonton, AB Under $1,500 (72 Rentals)

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The Cobalt
Rent Specials
$1,475 - $3,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,475 - $3,150

Total Monthly Price
$1,475 - $3,150
Built in 20261 to 3 Bedroom Apartments Available Now

The Cobalt

10146 123 St NWEdmonton, AB T5N 3W8
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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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Mercury Block
Rent Specials
$1,435 - $2,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,435 - $2,600

Total Monthly Price
$1,435 - $2,600
Built in 20241 to 3 Bedroom Apartments Available Now

Mercury Block

12322 102 Av NWEdmonton, AB T5N 3P7
Affordability
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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.

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

The Barracks

6855 NW Ad Astra BlvdEdmonton, AB T5E 6Z6
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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
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Axxess
$1,475 - $1,485Built in 20161 to 3 Bedroom Apartments

Axxess

930 156 St NWEdmonton, AB T6R 0N7
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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

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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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
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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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Secord Landing
$1,395 - $1,795Built in 20201 to 3 Bedroom Apartments

Secord Landing

615 Secord Blvd NWEdmonton, AB T5T 7M2
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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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The James
$1,340 - $1,612Built in 20181 to 3 Bedroom Apartments

The James

11960 26 Ave SWEdmonton, AB T6W 0C8
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Peak Residences
$1,299 - $2,155Built in 2024Studio to 3 Bedroom Apartments

Peak Residences

10058 102 St NWEdmonton, AB T5J 3N7
Furnished
  • Utilities Included
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Century Gardens
$1,285 - $2,293Built in 20231 to 3 Bedroom Apartments

Century Gardens

2815 109A StEdmonton, AB T6J 5V6
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Laurent
$1,050Built in 2023Studio to 4 Bedroom Apartments

Laurent

8621 112 Av NWEdmonton, AB T6G 161
Student Housing
  • Utilities Included

Edmonton, AB Local Guide

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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

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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 New Edmonton Apartments

What is the Cheapest New apartment in Edmonton?

Currently the most affordable New Apartment in Edmonton is at 49th Battalion Apartments listed at $1,055.

How much is the average rent for a New Edmonton Apartment?

The average rent for a New Apartment in Edmonton is $1,872.

What is the largest New Edmonton Apartment for rent?

Today's New apartment with the most square footage in Edmonton is a 1,604 square feet unit starting from $1,850 at Eleanor.

What is the average size for Edmonton New Apartments for rent?

The average size for a New rental in Edmonton is currently at 601 sq ft.

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

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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.

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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.

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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.

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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.