Cheap Homes for Rent in Edmonton, AB from $800 (133 Rentals)

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Search the lowest-cost Homes available for rent right now in Edmonton.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 5110-5106 106 St

$950 - $1,700

1 To 2 Bedroom Rentals

Available Now

5110-5106 106 St

EdmontonABT6H 2S9

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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.

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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.

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Edmonton, AB Local Guide

Cheapest Neighborhoods for Apartments in Edmonton, AB

Pricing Updated: 09/02/2026

Current apartment rentals in the Edmonton, AB area range in price from $648 to $15,441 with an overall median price of $1,591. The three Edmonton neighborhoods with the lowest median rent pricing are Downtown at $1,499, North at $1,514, and Central at $1,575. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Edmonton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown$1,499$825253
North$1,514$648454
Central$1,575$699498
South Central$1,577$750121
South$1,652$750804
West$1,700$795177

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 $699. Arcade Heritage Apartments in the Central neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $779. Here is today’s list of the most affordable Edmonton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hartford ApartmentsBachelorStudio,1BA$699
Arcade Heritage ApartmentsBachelorStudio,1BA$779
Nicoll ManorBachelorStudio,1BA$799
Vista GreenBachelorStudio,1BA$829
Cornerstone ApartmentsBachelorStudio,1BA$829
River Valley View Apartments 1BachelorStudio,1BA$849
Alexander ApartmentsBachelorStudio,1BA$849
Mainstreet ParkBachelorStudio,1BA$849
MuttartBacelorStudio,1BA$850
Mainstreet on 124thBachelor1BR,1BA$864

Best Value Apartments for Rent in Edmonton, AB

As of September 02, 2026 the best value apartment in the Edmonton area is the $1.09 price per square foot - 3 Bedroom Model at South Ridge Townhomes in the in the South neighborhood starting from $1,599. The second greatest value Edmonton apartment is the 3 Bedroom Townhouse Model at Lord Byron Townhouses starting at $1,689 with a $1.21 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.
South Ridge Townhomes- 3 Bedroom3BR,1.5BA$1.09
Lord Byron Townhouses3 Bedroom Townhouse3BR,1.5BA$1.21
The Palisades3 Bed 1.5 Bath3BR,1.5BA$1.21
South Ridge Apartments- 3 Bedroom3BR,1.5BA$1.23
Tamarack East & West2 Bedroom + Den2BR,1BA$1.17
Leewood Village1 Bedroom1BR,1BA$1.14
Park Place SouthThe Willow2BR,1BA$1.21
Cameron County- 1 Bedroom1BR,1BA$1.27
Style Manor1 bedroom1BR,1BA$1.25
Eastwood1 bed1BR,1BA$1.27

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Edmonton, AB Rentals by Map

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Edmonton, AB Area Reviews

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Sophie • 2+ 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 3968 Apartments for Rent in Edmonton, AB with pricing that ranges from $699 to $15,441. There are also 411 Single Family Homes for rent, Condos, and Townhome rentals currently available in Edmonton ranging from $800 to $10,000.

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 $800 to $10,000 with an average monthly rent of $1,776.

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 $1,349 to $5,214, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $5,135. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $955.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.