Cheap Homes for Rent in Edmonton, AB from C$300 (29 Rentals)

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Cheap Homes in Edmonton.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Edmonton, AB Local Guide

Cheapest Neighborhoods for Apartments in Edmonton, AB

Pricing Updated: 05/02/2025

Current apartment rentals in the Edmonton, AB area range in price from C$1,015 to C$6,500 with an overall median price of C$2,812. The three Edmonton neighborhoods with the lowest median rent pricing are West at C$1,025, North at C$1,015, and South at C$1,024. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Edmonton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
WestC$1,929C$1,02527
NorthC$2,120C$1,015170
SouthC$2,946C$1,024223
South CentralC$2,946C$1,02475
CentralC$3,466C$1,015147
DowntownC$3,466C$1,02486

Cheapest Available Edmonton Apartments for Rent

 

The cheapest available apartment rental in Edmonton, AB is a Studio unit found at Hartford Apartments in the Central neighborhood priced from C$697. Mainstreet Park in the Central neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from C$799. Here is today’s list of the most affordable Edmonton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hartford ApartmentsBachelorStudio,1BAC$697
Mainstreet ParkBachelorStudio,1BAC$799
Heritage Trail Apartments 2BachelorStudio,1BAC$801
River Valley View Apartments 1BachelorStudio,1BAC$849
Heritage Trail Apartments 1BachelorStudio,1BAC$849
Oakmount ManorBachelorStudio,1BAC$851
Fernwood ApartmentsClassic Suite - BachelorStudio,1BAC$869
Oasis ApartmentsBachelorStudio,1BAC$873
Waselenak PlaceBachelorStudio,1BAC$889
Hansen HouseBachelorStudio,1BAC$895

Best Value Apartments for Rent in Edmonton, AB

As of May 02, 2025 the best value apartment in the Edmonton area is the C$1.41 price per square foot 3 Bedroom Townhouse Premium Model at Castleridge Estates in the in the North neighborhood starting from C$1,689. The second greatest value Edmonton apartment is the 2 Bedroom Model at Westridge Manor starting at C$1,394 with a C$1.37 price per square foot in the South neighborhood. Here is today’s list of the best values for Edmonton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Castleridge Estates3 Bedroom Townhouse Premium3BR,1BAC$1.41
Westridge Manor2 Bedroom2BR,1BAC$1.37
Park Place SouthThe Willow2BR,1BAC$1.26
Wellington Park Townhomes2 bedroom2BR,1BAC$1.41
Joy Manor Apartments2 bedroom2BR,1BAC$1.38
Whitehall Square2 Bedroom2BR,1BAC$1.44
Cambridge WestEton1BR,1BAC$1.31
The Residences on 104th1 Bedroom 1 Bath1BR,1BAC$1.39
Cameron CountyClassic Suite - 1 Bedroom1BR,1BAC$1.44
Hermitage Village Apartments1 Bed, 1 bath1BR,1BAC$1.47

Quick Rent Budget Calculator

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Edmonton, AB Area Reviews

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Sophie2+ years in Edmonton

February 25, 2025

well the rent is too hight for new comers and for people who really need to move.

Frequently Asked Questions about Edmonton

What type of rentals are currently available in Edmonton?

There are currently 3807 Apartments for Rent in Edmonton, AB with pricing that ranges from C$899 to C$6,500. There are also 185 Single Family Homes for rent, Condos, and Townhome rentals currently available in Edmonton ranging from C$300 to C$3,375.

What is the current price range for Rental Homes in Edmonton?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Edmonton ranges from C$300 to C$3,375 with an average monthly rent of C$2,018.

How much are larger Three and Four Bedroom Rentals in Edmonton?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Edmonton range from C$1,350 to C$3,849, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$1,250 to C$3,375. Four Bedroom Single-Family rentals are also available starting from C$2,250 and Four Bedroom Apartments start at C$1,599.

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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.