10024-10024 Jasper Ave
EdmontonABT5J 1R9
Cheap Homes for Rent in Downtown Neighborhood of Edmonton, AB from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Edmonton.
10135-10120 120 St NW
EdmontonABT5K2A1
10824 112 St NW
EdmontonABT5H 3H3
10629-10110 110 St NW
EdmontonABT5H 3C7
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.
10725-10796 96 St
EdmontonABT5H 2J5
10724-10105 105 St NW
EdmontonABT5H 2X2
10882-10898 98 St NW
EdmontonABT5H 2P5
9930-113 113 St
EdmontonABT5K 1N6
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.
Showing Results 1-8, Page 1 of 1
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 | $2,054 | $1,450 | $2,700 |
| Downtown 3 Bedroom Homes for Rent | $2,495 | $2,495 | $2,495 |
| Downtown 4 Bedroom Homes for Rent | $1,750 | $1,750 | $1,750 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Edmonton, AB.
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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. Sterling has the second lowest priced unit, which is a Studio apartment currently listed from $825. 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 |
| Sterling | Studio-Raven | Studio,1BA | $825 |
| Vista Green | Bachelor | Studio,1BA | $829 |
Best Value Apartments for Rent in Downtown, AB
As of May 08, 2026 the best value apartment in the Downtown area is the $1.49 price per square foot 2 Bedroom B Model at The David Thompson in the in the Central neighborhood starting from $1,950. The second greatest value Downtown apartment is the 3 Bedroom Classic Model at Central Court Apartments starting at $1,850 with a $1.59 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 David Thompson | 2 Bedroom B | 2BR,1BA | $1.49 |
| Central Court Apartments | 3 Bedroom Classic | 3BR,1.5BA | $1.59 |
| The Residences on 104th | 1 Bedroom 1 Bath | 1BR,1BA | $1.56 |
| Second Street Manor | 2 bedroom | 2BR,1BA | $1.37 |
| 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 |
| Eileen Manor | 1 bedroom | 1BR,1BA | $1.55 |
| The Executive | - 1 Bedroom | 1BR,1BA | $1.56 |
| Waselenak Place | 1 bedroom | 1BR,1BA | $1.59 |
Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 723 Apartments for Rent in Downtown, AB with pricing that ranges from $829 to $5,000. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $999 to $2,700.
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 $999 to $2,700 with an average monthly rent of $1,731.
How much are larger Three and Four Bedroom Rentals in Downtown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown range from $1,429 to $3,767, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,495 to $2,495. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $985.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.