Cheap Apartments for Rent in the Downtown Neighborhood of Edmonton, AB from $700 (156 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Read Article

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.

Read Article
property at 9999 111 St NW

$1,095 - $1,550

Studio To 2 Bedroom Rentals

Available Now

9999 111 St NW

EdmontonABT5K 1K3

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.

Read Article

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.

Read Article
close
View Me
Tyrone Heritage Residences
$739 - $1,126Studio to 1 Bedroom Apartments

Tyrone Heritage Residences

10529 99th Ave NWEdmonton, AB T5K 0E7
  • Utilities Included
  • Smoke Free
close
View Me
Juliette
$800 - $1,050Studio to 1 Bedroom Apartments

Juliette

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

Simon's Court

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

Kings Court

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

Sterling

10654 107th St NWEdmonton, AB T5H 2Y7
close
View Me
Oakmount Manor
$851 - $1,379Studio to 2 Bedroom Apartments

Oakmount Manor

10710-10720 110 St NWEdmonton, AB T5H 3E1
  • Utilities Included
  • Smoke Free
close
View Me
Waselenak Place
$889 - $1,319Studio to 2 Bedroom Apartments

Waselenak Place

10720 108th St NWEdmonton, AB T5H 3A3
  • Utilities Included
close
View Me
Hansen House
$895 - $1,329Studio to 2 Bedroom Apartments

Hansen House

10630 112th St NWEdmonton, AB T5H 3W7
  • Utilities Included

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.

Read Article
Showing Results 1-50, Page 1 of 4

Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of Edmonton, AB is a Studio unit found at Arcade Heritage Apartments priced from $779. Simon's Court has the second lowest priced unit, which is a Studio apartment currently listed from $824. Here are the most affordable Downtown apartments for rent in Edmonton, AB:

Apartment ListingModel NameBed/BathPriced From
Arcade Heritage ApartmentsBachelorStudio,1BA$779
Simon's Court- BachelorStudio,1BA$824
Hansen HouseBachelorStudio,1BA$895
Hilton ManorBachelorStudio,1BA$899
Waselenak Place1 bedroom1BR,1BA$899
Heritage Trail Apartments 1BachelorStudio,1BA$903
Flores ManorBachelorStudio,1BA$909
Salem CourtBachelorStudio,1BA$920
Rockcliffe ManorBachelorStudio,1BA$929
Lorraine ManorBachelorStudio,1BA$929

Best Value Apartments for Rent in Downtown, AB

As of January 23, 2026 the best value apartment in the Downtown area is the $1.57 price per square foot 3 bedroom Model at Virginian Arms in the in the Central neighborhood starting from $1,479. The second greatest value Downtown apartment is the 1 Bedroom 1 Bath Model at The Residences on 104th starting at $1,434 with a $1.52 price per square foot in the Central neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Virginian Arms3 bedroom3BR,1BA$1.57
The Residences on 104th1 Bedroom 1 Bath1BR,1BA$1.52
Hudson Court- 2 Bedroom2BR,1BA$1.60
Cypress Manor2 bedroom2BR,1BA$1.53
Style Manor1 bedroom1BR,1BA$1.44
Kalla Place2 Bedroom2BR,1BA$1.59
Second Street Manor1 bedroom1BR,1BA$1.38
Joy Manor Apartments1 bedroom1BR,1BA$1.44
Phelips Apartments- 1 Bedroom1BR,1BA$1.44
Waselenak Place1 bedroom1BR,1BA$1.59

Frequently Asked Questions about Cheap Downtown Apartments

What is a cheap apartment in Downtown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $929.

What is the price of a cheap apartment in Downtown?

The cheapest apartment in Downtown is Waselenak Place which is listed at $899, while the average apartment in Downtown costs $1,905.

What types of apartments are the cheapest in Downtown?

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 Downtown 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 Downtown?

Cheap apartments in Downtown have an average cost of $1,010 which is $895 cheaper than the average rent for all rentals in Downtown.

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 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.