Cheap Apartments for Rent in the Central Neighborhood of Edmonton, AB from $500 (162 Rentals)

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

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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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 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.

property at 9999 111 St NW

$1,095 - $1,550

Studio To 2 Bedroom Rentals

Available Now

9999 111 St NW

EdmontonABT5K 1K3

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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Hartford Apartments
$697 - $1,263Studio to 2 Bedroom Apartments

Hartford Apartments

11819 106th St NWEdmonton, AB T5G 3W7
  • Utilities Included
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Franz Haus
$725 - $1,400Studio to 2 Bedroom Apartments

Franz Haus

10250 113th StEdmonton, AB T5K 1P4
  • Smoke Free
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Tyrone Heritage Residences
$739 - $1,126Studio to 1 Bedroom Apartments

Tyrone Heritage Residences

10529 99th Ave NWEdmonton, AB T5K 0E7
  • Utilities Included
  • Smoke Free
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Mainstreet Park
$799 - $1,389Studio to 2 Bedroom Apartments

Mainstreet Park

12711 118th Ave NWEdmonton, AB T5M 3H1
  • Utilities Included
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Juliette
$800 - $1,050Studio to 1 Bedroom Apartments

Juliette

10249 119th St NWEdmonton, AB T5K 1Z3
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Simon's Court
$824 - $1,164Studio to 1 Bedroom Apartments

Simon's Court

10828 97th St NWEdmonton, AB T5H 2M3
  • Utilities Included
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Kings Court
$825 - $1,3751 to 2 Bedroom Apartments

Kings Court

10625 109th St NWEdmonton, AB T5H 3B5
  • Smoke Free
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Sterling
$825 - $1,250Studio to 1 Bedroom Apartments

Sterling

10654 107th St NWEdmonton, AB T5H 2Y7

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.

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 $697. Franz Haus has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Central apartments for rent in Edmonton, AB:

Apartment ListingModel NameBed/BathPriced From
Hartford ApartmentsBachelorStudio,1BA$697
Franz HausBachelorStudio,1BA$725
Arcade Heritage ApartmentsBachelorStudio,1BA$779
Simon's Court- BachelorStudio,1BA$824
River Valley View Apartments 1BachelorStudio,1BA$849
Mainstreet ParkBachelorStudio,1BA$849
Hansen HouseBachelorStudio,1BA$895
Hilton ManorBachelorStudio,1BA$899
Waselenak Place1 bedroom1BR,1BA$899
Twinson1 Bedroom1BR,1BA$900

Best Value Apartments for Rent in Central, AB

As of January 13, 2026 the best value apartment in the Central area is the $1.47 price per square foot - 2 Bedroom Model at Brittany Apartments in the in the Central neighborhood starting from $1,335. The second greatest value Central apartment is the 2 bedroom Model at Cypress Manor starting at $1,309 with a $1.53 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.
Brittany Apartments- 2 Bedroom2BR,1BA$1.47
Cypress Manor2 bedroom2BR,1BA$1.53
Jasper Ave Lookout 21 Bedroom1BR,1BA$1.36
Riverside Estates2 bedroom2BR,1BA$1.55
River Valley View Apartments 21 Bedroom1BR,1BA$1.53
Second Street Manor1 bedroom1BR,1BA$1.38
Joy Manor Apartments1 bedroom1BR,1BA$1.44
Linda Manor- 1 Bedroom1BR,1BA$1.45
Phelips Apartments- 1 Bedroom1BR,1BA$1.44
Twinson1 Bedroom1BR,1BA$1.50

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 $900.

What is the price of a cheap apartment in Central?

The cheapest apartment in Central is Waselenak Place which is listed at $899, while the average apartment in Central costs $2,070.

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 12 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 $1,010 which is $1,060 cheaper than the average rent for all rentals in Central.

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 Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!