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

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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 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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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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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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Edmonton, AB Local Guide

Cheapest Neighborhoods for Apartments in Edmonton, AB

Pricing Updated: 08/04/2025

Current apartment rentals in the Edmonton, AB area range in price from C$850 to C$4,560 with an overall median price of C$2,444. The three Edmonton neighborhoods with the lowest median rent pricing are North at C$996, South at C$850, and West at C$989. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Edmonton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
NorthC$1,907C$996635
SouthC$1,908C$850674
WestC$2,050C$989165
South CentralC$2,847C$85075
DowntownC$2,905C$850264
CentralC$3,049C$850477

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
Mainstreet ParkBachelorStudio,1BAC$799
Heritage Trail Apartments 1BachelorStudio,1BAC$849
River Valley View Apartments 1BachelorStudio,1BAC$849
Heritage Apartments1 Bed1BR,1BAC$850
Oakmount ManorBachelorStudio,1BAC$851
Waselenak PlaceBachelorStudio,1BAC$889
Hansen HouseBachelorStudio,1BAC$895
Cedar GroveBachelorStudio,1BAC$899

Best Value Apartments for Rent in Edmonton, AB

As of August 04, 2025 the best value apartment in the Edmonton area is the C$1.36 price per square foot 3 Bedroom TH Model at Cherry Hills at Orchards in the in the South neighborhood starting from C$2,100. The second greatest value Edmonton apartment is the - 3 Bedroom Model at South Ridge Townhomes starting at C$1,655 with a C$1.13 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$1.36
South Ridge Townhomes- 3 Bedroom3BR,1.5BAC$1.13
Lord Byron Townhouses3 Bedroom Townhouse3BR,1.5BAC$1.32
South Ridge Apartments- 3 Bedroom3BR,1.5BAC$1.32
Castleridge Estates3 Bedroom Townhouse3BR,1BAC$1.36
Sandstone Pointe2 Bedroom Bi-level2BR,1BAC$1.37
Cambridge WestEton1BR,1BAC$1.29
Athlone Park Townhomes2 Bedroom Townhouse2BR,1BAC$1.35
Athlone Park Townhomes2 Bedroom Townhouse2BR,1BAC$1.35
Jasper Ave Lookout 21 Bedroom1BR,1BAC$1.36

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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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 3829 Apartments for Rent in Edmonton, AB with pricing that ranges from C$850 to C$4,560. There are also 193 Single Family Homes for rent, Condos, and Townhome rentals currently available in Edmonton ranging from C$620 to C$4,500.

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$4,500 with an average monthly rent of C$2,056.

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$1,300 to C$3,849, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$1,250 to C$4,200. Four Bedroom Single-Family rentals are also available starting from C$1,795 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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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.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.