
Cheap Homes for Rent in Downtown Neighborhood of Edmonton, AB from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Edmonton.


10024-10024 Jasper Ave

10135-10120 120 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.

10724-10105 105 St NW

10629-10110 110 St NW

9930-113 113 St
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.
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 | $1,796 | $1,450 | $2,120 |
| Downtown 3 Bedroom Homes for Rent | $2,995 | $2,995 | $2,995 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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. Carina Court has the second lowest priced unit, which is a Studio apartment currently listed from $859. 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 |
| Carina Court | Bachelor | Studio,1BA | $859 |
| Oakmount Manor | Bachelor | Studio,1BA | $859 |
Best Value Apartments for Rent in Downtown, AB
As of March 23, 2026 the best value apartment in the Downtown area is the $1.41 price per square foot 1 Bedroom 1 Bath Model at The Residences on 104th in the in the Central neighborhood starting from $1,326. The second greatest value Downtown apartment is the 2 bedroom Model at Ariel Apartments starting at $1,319 with a $1.56 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 | 1 Bedroom 1 Bath | 1BR,1BA | $1.41 |
| Ariel Apartments | 2 bedroom | 2BR,1BA | $1.56 |
| Kent Apartments | - 2 Bedroom | 2BR,1BA | $1.56 |
| Kalla Place | 2 Bedroom | 2BR,1BA | $1.59 |
| Courtney | 2 Bedroom | 2BR,1BA | $1.57 |
| Hudson Court | - 1 Bedroom | 1BR,1BA | $1.54 |
| Joy Manor Apartments | 1 bedroom | 1BR,1BA | $1.44 |
| The Executive | - 1 Bedroom | 1BR,1BA | $1.56 |
| Cedar Grove | 1 bedroom | 1BR,1BA | $1.51 |
| Waselenak Place | 1 bedroom | 1BR,1BA | $1.61 |
Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 717 Apartments for Rent in Downtown, AB with pricing that ranges from $801 to $5,965. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $995 to $2,995.
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 $995 to $2,995 with an average monthly rent of $1,846.
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

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.

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.

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.

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.