Cheap Homes for Rent in Edmonton, AB from C$600 (82 Rentals)

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

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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property at 9478 Colak Ln SW

9478 Colak Ln SW

EdmontonABT6W 5B6

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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property at 9420 Colak Ln SW

9420 Colak Ln SW

EdmontonABT6W 1A6

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 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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Edmonton, AB Local Guide

Cheapest Neighborhoods for Apartments in Edmonton, AB

Pricing Updated: 09/19/2025

Current apartment rentals in the Edmonton, AB area range in price from C$623 to C$4,514 with an overall median price of C$2,573. The three Edmonton neighborhoods with the lowest median rent pricing are South at C$750, North at C$623, and Central at C$849. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Edmonton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
SouthC$1,946C$750557
NorthC$2,268C$623617
CentralC$2,390C$849363
South CentralC$2,895C$75071
WestC$2,937C$849133
DowntownC$3,004C$955221

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

Apartment ListingModel NameBed/BathPriced From
Hartford ApartmentsBachelorStudio,1BAC$697
Arcade Heritage ApartmentsBachelorStudio,1BAC$779
Simon's Court- BachelorStudio,1BAC$824
Edgemont Estates2 Bed 2 Bath + Den2BR,2BAC$849
River Valley View Apartments 1BachelorStudio,1BAC$849
Mainstreet ParkBachelorStudio,1BAC$849
Heritage Trail Apartments 1BachelorStudio,1BAC$849
Ray Manor- BachelorStudio,1BAC$854
Hansen HouseBachelorStudio,1BAC$895
Waselenak Place1 bedroom1BR,1BAC$899

Best Value Apartments for Rent in Edmonton, AB

As of September 19, 2025 the best value apartment in the Edmonton area is the C$1.27 price per square foot 3 Bedroom TH Model at Cherry Hills at Orchards in the in the South neighborhood starting from C$1,965. The second greatest value Edmonton apartment is the - 3 Bedroom Model at South Ridge Townhomes starting at C$1,680 with a C$1.15 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.
Cherry Hills at Orchards3 Bedroom TH3BR,2.5BAC$1.27
South Ridge Townhomes- 3 Bedroom3BR,1.5BAC$1.15
Lord Byron Townhouses3 Bedroom Townhouse Premium3BR,1.5BAC$1.32
The Residences on 104th2 Bedroom 2 Bath2BR,2BAC$1.37
South Ridge Apartments- 3 Bedroom3BR,1.5BAC$1.33
Cambridge WestOxford2BR,1BAC$1.20
Wellington Park Townhomes3 bedroom3BR,1BAC$1.36
Park Place SouthThe Willow2BR,1BAC$1.31
Lakewood HeightsThe Courtyard2BR,1BAC$1.35
Jasper Ave Lookout 21 Bedroom1BR,1BAC$1.36

Quick Rent Budget Calculator

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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 3824 Apartments for Rent in Edmonton, AB with pricing that ranges from C$750 to C$4,514. There are also 202 Single Family Homes for rent, Condos, and Townhome rentals currently available in Edmonton ranging from C$620 to C$6,995.

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$620 to C$6,995 with an average monthly rent of C$2,268.

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$1,399 to C$3,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$1,300 to C$6,995. Four Bedroom Single-Family rentals are also available starting from C$1,950 and Four Bedroom Apartments start at C$955.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.