10882 98 St NW
EdmontonABT5H 2P5
Cheap Homes for Rent in Downtown Neighborhood of Edmonton, AB from $1,100 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Edmonton.
10629-10114 114 St NW
EdmontonABT5H 3J8
10326-10117 117 St NW
EdmontonABT5K 1X8
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.
10135-10120 120 St NW
EdmontonABT5K 2A1
9930-9113 113 St
EdmontonABT5K 2N3
9710-105 105 St NW
EdmontonABT5K 1A4
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.
10837-10117 117 St NW
EdmontonABT5H 3N4
Showing Results 1-7, 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 | $1,845 | $1,200 | $2,250 |
| Downtown 3 Bedroom Homes for Rent | $3,395 | $2,995 | $3,795 |
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.
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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. Simon's Court has the second lowest priced unit, which is a Studio apartment currently listed from $824. 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 |
| Simon's Court | - Bachelor | Studio,1BA | $824 |
| Hansen House | Bachelor | Studio,1BA | $895 |
Best Value Apartments for Rent in Downtown, AB
As of February 04, 2026 the best value apartment in the Downtown area is the $1.41 price per square foot 2 bedrooms Model at York Tower in the in the Central neighborhood starting from $1,450. 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 | $1.41 |
| Virginian Arms | 3 bedroom | 3BR,1BA | $1.57 |
| The Residences on 104th | 1 Bedroom 1 Bath | 1BR,1BA | $1.52 |
| Cypress Manor | 2 bedroom | 2BR,1BA | $1.53 |
| Style Manor | 1 bedroom | 1BR,1BA | $1.25 |
| Kalla Place | 2 Bedroom | 2BR,1BA | $1.59 |
| Second Street Manor | 1 bedroom | 1BR,1BA | $1.38 |
| Joy Manor Apartments | 1 bedroom | 1BR,1BA | $1.44 |
| Phelips Apartments | - 1 Bedroom | 1BR,1BA | $1.44 |
| 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 718 Apartments for Rent in Downtown, AB with pricing that ranges from $801 to $5,000. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,100 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 $1,100 to $3,795 with an average monthly rent of $2,310.
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
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.
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.