Cheap Homes for Rent in Edmonton, AB from $600 (50 Rentals)

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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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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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 9120-9149 149 St

$1,100 - $1,225

1 To 3 Bedroom Rentals

Available Now

9120-9149 149 St

EdmontonABT5R 1C2

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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.

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Edmonton, AB Local Guide

Cheapest Neighborhoods for Apartments in Edmonton, AB

Pricing Updated: 02/21/2026

Current apartment rentals in the Edmonton, AB area range in price from $400 to $5,000 with an overall median price of $2,067. The three Edmonton neighborhoods with the lowest median rent pricing are North at $400, South at $750, and Downtown at $801. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Edmonton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
North$1,850$400718
South$1,899$7501162
Downtown$1,905$801371
Central$2,000$400763
West$2,199$849303
South Central$2,550$750234

Cheapest Available Edmonton Apartments for Rent

 

The cheapest available apartment rental in Edmonton, AB is a Studio unit found at Hartford Apartments in the North neighborhood priced from $697. 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$697
Arcade Heritage ApartmentsBachelorStudio,1BA$779
River Valley View Apartments 1BachelorStudio,1BA$849
Mainstreet ParkBachelorStudio,1BA$849
Oakmount ManorBachelorStudio,1BA$859
Carina CourtBachelorStudio,1BA$859
Wellington ApartmentsBachelorStudio,1BA$879
Compton CourtBachelorStudio,1BA$891
Hansen HouseBachelorStudio,1BA$895
Somerset ApartmentsBachelorStudio,1BA$899

Best Value Apartments for Rent in Edmonton, AB

As of February 21, 2026 the best value apartment in the Edmonton area is the $1.25 price per square foot - 3 Bedroom Model at South Ridge Townhomes in the in the South neighborhood starting from $1,825. The second greatest value Edmonton apartment is the 2 Bedroom Bi-level Model at Sandstone Pointe starting at $1,424 with a $1.25 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$1.25
Sandstone Pointe2 Bedroom Bi-level2BR,1BA$1.25
Redwood Court2 Bedroom + Den2BR,1.5BA$1.36
Riverbend VillasTwo Bedroom2BR,1BA$1.18
Terwillegar Park ManorTwo Bedroom2BR,1BA$1.24
Palisades Manor2 bedroom2BR,1BA$1.27
Riverview Plaza2 Bedroom2BR,1BA$1.33
Cameron County- 1 Bedroom1BR,1BA$1.36
Ekota Manor2 Bedroom2BR,1BA$1.18
Style Manor1 bedroom1BR,1BA$1.25

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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See the most popular apartments and homes in Edmonton, AB

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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 3905 Apartments for Rent in Edmonton, AB with pricing that ranges from $400 to $5,000. There are also 193 Single Family Homes for rent, Condos, and Townhome rentals currently available in Edmonton ranging from $650 to $3,795.

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 $650 to $3,795 with an average monthly rent of $1,736.

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 $1,375 to $3,767, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $3,795. Four Bedroom Single-Family rentals are also available starting from $1,450 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

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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.

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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.

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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.

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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.