Cheap Apartments for Rent in the Central Neighborhood of Edmonton, AB from C$600 (259 Rentals)

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

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Cheapest Available Central Apartments for Rent

 

The cheapest available apartment rental in the Central area of Edmonton, AB is a Studio unit found at Hartford Apartments priced from C$697. Arcade Heritage Apartments has the second lowest priced unit, which is a Studio apartment currently listed from C$779. Here are the most affordable Central apartments for rent in Edmonton, AB:

Apartment ListingModel NameBed/BathPriced From
Hartford ApartmentsBachelorStudio,1BAC$697
Arcade Heritage ApartmentsBachelorStudio,1BAC$779
Simon's Court- BachelorStudio,1BAC$824
River Valley View Apartments 1BachelorStudio,1BAC$849
Mainstreet ParkBachelorStudio,1BAC$849
Hansen HouseBachelorStudio,1BAC$895
Hilton ManorBachelorStudio,1BAC$899
Waselenak Place1 bedroom1BR,1BAC$899
Heritage Trail Apartments 1BachelorStudio,1BAC$903
Flores ManorBachelorStudio,1BAC$909

Best Value Apartments for Rent in Central, AB

As of October 13, 2025 the best value apartment in the Central area is the C$1.43 price per square foot 2 Bedroom Model at Solano House in the in the Central neighborhood starting from C$1,574. The second greatest value Central apartment is the 1 Bedroom 1 Bath Model at The Residences on 104th starting at C$1,352 with a C$1.40 price per square foot in the Central neighborhood. Here is today’s list of the best values for Central apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Solano House2 Bedroom2BR,1.5BAC$1.43
The Residences on 104th1 Bedroom 1 Bath1BR,1BAC$1.40
Brittany Apartments- 2 Bedroom2BR,1BAC$1.47
Inglewood 124 Apartments2 Bedroom2BR,1BAC$1.56
Cypress Manor2 bedroom2BR,1BAC$1.53
Jasper Ave Lookout 21 Bedroom1BR,1BAC$1.36
Riverside Estates2 bedroom2BR,1BAC$1.55
River Valley View Apartments 21 Bedroom1BR,1BAC$1.53
Second Street Manor1 bedroom1BR,1BAC$1.38
Joy Manor Apartments1 bedroom1BR,1BAC$1.44

Frequently Asked Questions about Cheap Central Apartments

What is a cheap apartment in Central?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central is under C$909.

What is the price of a cheap apartment in Central?

The cheapest apartment in Central is Waselenak Place which is listed at C$899, while the average apartment in Central costs C$3,984.

What types of apartments are the cheapest in Central?

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 7 regular apartments in Central 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 Central?

Cheap apartments in Central have an average cost of C$246 which is C$3,738 cheaper than the average rent for all rentals in Central.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.