Cheap Apartments for Rent in the South Neighborhood of Edmonton, AB from $500 (534 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South area of 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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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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Cheapest Available South Apartments for Rent

 

The cheapest available apartment rental in the South area of Edmonton, AB is a Studio unit found at Arcade Heritage Apartments priced from $779. Nicoll Manor has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable South apartments for rent in Edmonton, AB:

Apartment ListingModel NameBed/BathPriced From
Arcade Heritage ApartmentsBachelorStudio,1BA$779
Nicoll ManorBachelorStudio,1BA$799
SterlingStudioStudio,1BA$825
Cornerstone ApartmentsBachelorStudio,1BA$829
Vista GreenBachelorStudio,1BA$829
River Valley View Apartments 1BachelorStudio,1BA$849
MuttartBacelorStudio,1BA$850
Emerald Vista- 1 Bedroom1BR,1BA$859
Majestic ApartmentsBachelorStudio,1BA$864
Mainstreet on 124thBachelor1BR,1BA$864

Best Value Apartments for Rent in South, AB

As of July 22, 2026 the best value apartment in the South area is the $1.16 price per square foot - 3 Bedroom Model at South Ridge Townhomes in the in the South neighborhood starting from $1,695. The second greatest value South apartment is the 2 Bedroom + Den Model at Westridge Manor starting at $1,479 with a $1.26 price per square foot in the South neighborhood. Here is today’s list of the best values for South apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
South Ridge Townhomes- 3 Bedroom3BR,1.5BA$1.16
Westridge Manor2 Bedroom + Den2BR,1BA$1.26
Pembroke Estates3 Bedroom3BR,1.5BA$1.26
Huntington Hill Coach Homes- 3 Bedroom3BR,1BA$1.43
South Ridge Apartments- 2 Bedroom2BR,1BA$1.27
Primrose Lane Apartments2 Bedroom2BR,1.5BA$1.37
Park Place SouthThe Willow2BR,1BA$1.22
Sandstone Pointe2 Bedroom2BR,1BA$1.42
Cambridge WestEton1BR,1BA$1.29
Second Street Manor2 bedroom2BR,1BA$1.39

Frequently Asked Questions about Cheap South Apartments

What is a cheap apartment in South?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South is under $864.

What is the price of a cheap apartment in South?

The cheapest apartment in South is Emerald Vista which is listed at $859, while the average apartment in South costs $15,650.

What types of apartments are the cheapest in South?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 15 regular apartments in South that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in South?

Cheap apartments in South have an average cost of $122 which is $15,528 cheaper than the average rent for all rentals in South.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

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

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.