Cheap Apartments for Rent in the South Neighborhood of Edmonton, AB from $500 (184 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South area of Edmonton.

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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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 9999 111 St NW

$1,095 - $1,550

Studio To 2 Bedroom Rentals

Available Now

9999 111 St NW

EdmontonABT5K 1K3

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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Cheapest Available South Apartments for Rent

 

The cheapest available apartment rental in the South area of Edmonton, AB is a Studio unit found at Franz Haus priced from $725. Arcade Heritage Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $779. Here are the most affordable South apartments for rent in Edmonton, AB:

Apartment ListingModel NameBed/BathPriced From
Franz HausBachelorStudio,1BA$725
Arcade Heritage ApartmentsBachelorStudio,1BA$779
Simon's Court- BachelorStudio,1BA$824
River Valley View Apartments 1BachelorStudio,1BA$849
Hansen HouseBachelorStudio,1BA$895
Hilton ManorBachelorStudio,1BA$899
Waselenak Place1 bedroom1BR,1BA$899
Twinson1 Bedroom1BR,1BA$900
Heritage Trail Apartments 1BachelorStudio,1BA$903
Flores ManorBachelorStudio,1BA$909

Best Value Apartments for Rent in South, AB

As of January 14, 2026 the best value apartment in the South area is the $0.91 price per square foot 3 Bedroom Townhouse Model at Brookside Terrace in the in the South neighborhood starting from $1,646. The second greatest value South apartment is the 3 Bedroom Model at Primrose Lane Apartments starting at $1,789 with a $1.19 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.
Brookside Terrace3 Bedroom Townhouse3BR,1.5BA$0.91
Primrose Lane Apartments3 Bedroom3BR,1.5BA$1.19
South Ridge Townhomes- 3 Bedroom3BR,1.5BA$1.25
Lord Byron Townhouses3 Bedroom Townhouse3BR,1.5BA$1.20
South Ridge Apartments- 3 Bedroom3BR,1.5BA$1.33
Westridge Manor2 Bedroom + Den2BR,1BA$1.19
Tamarack East & West2 Bedroom2BR,1BA$1.33
Cambridge WestEton1BR,1BA$1.37
Ekota Manor2 Bedroom2BR,1BA$1.18
Jasper Ave Lookout 21 Bedroom1BR,1BA$1.36

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 $909.

What is the price of a cheap apartment in South?

The cheapest apartment in South is Waselenak Place which is listed at $899, while the average apartment in South costs $1,905.

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 12 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 $1,010 which is $895 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 A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!