
Cheap Homes for Rent in Downtown Neighborhood of Edmonton, AB from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Edmonton.


10824 112 St NW

10882-10898 98 St NW
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.

10135-10120 120 St NW

11025 Jasper Ave

10724-10105 105 St NW
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.

10821-10112 112 St NW
Downtown, Edmonton, AB Local Guide
How much does it cost to rent a home in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown 2 Bedroom Homes for Rent | $1,859 | $1,200 | $2,495 |
| Downtown 4 Bedroom Homes for Rent | $1,750 | $1,750 | $1,750 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Edmonton, AB.
Explore Edmonton
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arcade Heritage Apartments | Bachelor | Studio,1BA | $779 |
| Nicoll Manor | Bachelor | Studio,1BA | $799 |
| Vista Green | Bachelor | Studio,1BA | $829 |
Best Value Apartments for Rent in Downtown, AB
As of June 22, 2026 the best value apartment in the Downtown area is the $1.43 price per square foot 2 Bedroom 2 Bath Model at The Residences on 104th in the in the Central neighborhood starting from $1,845. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Residences on 104th | 2 Bedroom 2 Bath | 2BR,2BA | $1.43 |
| Hudson Court | - 2 Bedroom | 2BR,1BA | $1.53 |
| Second Street Manor | 2 bedroom | 2BR,1BA | $1.39 |
| Kent Apartments | - 2 Bedroom | 2BR,1BA | $1.56 |
| Joy Manor Apartments | 1 bedroom | 1BR,1BA | $1.44 |
| Simon's Court | - 1 Bedroom | 1BR,1BA | $1.54 |
| Phelips Apartments | - 1 Bedroom | 1BR,1BA | $1.52 |
| Eileen Manor | 1 bedroom | 1BR,1BA | $1.55 |
| The Executive | - 1 Bedroom | 1BR,1BA | $1.56 |
| Steven Manor | - 1 Bedroom | 1BR,1BA | $1.44 |
Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 722 Apartments for Rent in Downtown, AB with pricing that ranges from $829 to $5,000. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $985 to $2,495.
What is the current price range for Rental Homes in Downtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $985 to $2,495 with an average monthly rent of $1,508.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.

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.

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.