Cheap Apartments for Rent in the Downtown Neighborhood of Edmonton, AB from $700 (197 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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property at 9999 111 St NW

$1,065 - $1,135

Studio To 1 Bedroom Rentals

Available Now

The Nines

9999 111 St NW
EdmontonABT5K 1K3

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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. Nicoll Manor has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Downtown apartments for rent in Edmonton, AB:

Apartment ListingModel NameBed/BathPriced From
Arcade Heritage ApartmentsBachelorStudio,1BA$779
Nicoll ManorBachelorStudio,1BA$799
Vista GreenBachelorStudio,1BA$829
Carina CourtBachelorStudio,1BA$859
Byron ApartmentsBachelorStudio,1BA$869
Wellington ApartmentsBachelorStudio,1BA$879
Oakmount ManorBachelorStudio,1BA$879
Cypress ManorBachelorStudio,1BA$879
Steven Manor- 1 Bedroom1BR,1BA$884
Oliver 4 ApartmentsBachelorStudio,1BA$884

Best Value Apartments for Rent in Downtown, AB

As of June 14, 2026 the best value apartment in the Downtown area is the $1.41 price per square foot 2 Bedroom 2 Bath Model at The Residences on 104th in the in the Central neighborhood starting from $1,808. The second greatest value Downtown apartment is the - 2 Bedroom Model at Hudson Court starting at $1,336 with a $1.53 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.
The Residences on 104th2 Bedroom 2 Bath2BR,2BA$1.41
Hudson Court- 2 Bedroom2BR,1BA$1.53
Second Street Manor2 bedroom2BR,1BA$1.39
Kent Apartments- 2 Bedroom2BR,1BA$1.56
Kalla Place2 Bedroom2BR,1BA$1.56
Joy Manor Apartments1 bedroom1BR,1BA$1.44
Simon's Court- 1 Bedroom1BR,1BA$1.54
Eileen Manor1 bedroom1BR,1BA$1.55
The Executive- 1 Bedroom1BR,1BA$1.56
Steven Manor- 1 Bedroom1BR,1BA$1.44

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 $884.

What is the price of a cheap apartment in Downtown?

The cheapest apartment in Downtown is Steven Manor which is listed at $884, while the average apartment in Downtown costs $1,945.

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 15 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 $251 which is $1,694 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 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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.