
Cheap Homes for Rent in Downtown Neighborhood of Edmonton, AB from $1,100 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Edmonton.


10404-10496 96 Ave 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.

10811 115 St NW

10939 109 St NW
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.

10135-10120 120 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 | $2,023 | $1,400 | $2,500 |
| Downtown 3 Bedroom Homes for Rent | $3,395 | $2,995 | $3,795 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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. Juliette has the second lowest priced unit, which is a Studio apartment currently listed from $800. 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 |
| Juliette | Bachelor | Studio,1BA | $800 |
| Simon's Court | - Bachelor | Studio,1BA | $824 |
Best Value Apartments for Rent in Downtown, AB
As of December 02, 2025 the best value apartment in the Downtown area is the $1.46 price per square foot 2 bedrooms Model at York Tower in the in the Central neighborhood starting from $1,500. The second greatest value Downtown apartment is the 3 bedroom Model at Virginian Arms starting at $1,479 with a $1.57 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. |
|---|---|---|---|
| York Tower | 2 bedrooms | 2BR,1BA | $1.46 |
| Virginian Arms | 3 bedroom | 3BR,1BA | $1.57 |
| Cypress Manor | 2 bedroom | 2BR,1BA | $1.53 |
| Style Manor | 1 bedroom | 1BR,1BA | $1.44 |
| 10849 117 St NW | 10849 117 St NW | 1BR,1BA | $1.57 |
| Kalla Place | 1 Bedroom | 1BR,1BA | $1.29 |
| Second Street Manor | 1 bedroom | 1BR,1BA | $1.38 |
| Joy Manor Apartments | 1 bedroom | 1BR,1BA | $1.44 |
| Juliette | Bachelor | Studio ,1BA | $1.19 |
| Phelips Apartments | - 1 Bedroom | 1BR,1BA | $1.52 |
Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 721 Apartments for Rent in Downtown, AB with pricing that ranges from $801 to $6,752. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,150 to $3,795.
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 $1,150 to $3,795 with an average monthly rent of $2,307.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.