Cheap Homes for Rent in Edmonton, AB from $600 (64 Rentals)

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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.

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.

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.

property at 11832 105 St

$1,050

1 Bedroom Rentals

Available Now

11832 105 St

EdmontonABT5B 2G6

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.

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.

Edmonton, AB Local Guide

Cheapest Neighborhoods for Apartments in Edmonton, AB

Pricing Updated: 07/12/2026

Current apartment rentals in the Edmonton, AB area range in price from $623 to $15,686 with an overall median price of $11,150. The three Edmonton neighborhoods with the lowest median rent pricing are Downtown at $875, North at $623, and West at $829. 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$2,182$875293
North$7,239$623539
West$10,423$829231
Central$15,686$699633
South$15,686$829951
South Central$15,686$900169

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
Shannon Villa- 1 Bedroom1BR,1BA$798
Nicoll ManorBachelorStudio,1BA$799
SterlingStudioStudio,1BA$825
Vista GreenBachelorStudio,1BA$829
Cornerstone ApartmentsBachelorStudio,1BA$829
River Valley View Apartments 1BachelorStudio,1BA$849
Alexander ApartmentsBachelorStudio,1BA$849
PandoraBachelorStudio,1BA$850

Best Value Apartments for Rent in Edmonton, AB

As of July 12, 2026 the best value apartment in the Edmonton area is the $1.24 price per square foot 3 Bedroom Model at Primrose Lane Apartments in the in the South neighborhood starting from $1,859. The second greatest value Edmonton apartment is the - 3 Bedroom Model at South Ridge Townhomes starting at $1,695 with a $1.16 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.
Primrose Lane Apartments3 Bedroom3BR,1.5BA$1.24
South Ridge Townhomes- 3 Bedroom3BR,1.5BA$1.16
Tamarack East & West2 Bedroom + Den2BR,1BA$1.28
Westridge Manor2 Bedroom + Den Premium2BR,1BA$1.34
Summerlea Place2 Bedroom + Den2BR,1BA$1.24
South Ridge Apartments- 2 Bedroom2BR,1BA$1.27
Cambridge WestEton1BR,1BA$1.29
WestWyndBachelorStudio ,1BA$1.34
Canada West Courts- 1 Bedroom1BR,1BA$1.31
Shannon Villa- 1 Bedroom1BR,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!

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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 3962 Apartments for Rent in Edmonton, AB with pricing that ranges from $699 to $15,686. There are also 298 Single Family Homes for rent, Condos, and Townhome rentals currently available in Edmonton ranging from $600 to $3,300.

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 $600 to $3,300 with an average monthly rent of $1,612.

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 $910 to $6,712, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,145. Four Bedroom Single-Family rentals are also available starting from $1,850 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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.