
Cheap Apartments for Rent in the South Neighborhood of Edmonton, AB from $500 (494 Rentals)
Search the lowest-cost Apartments available for rent right now in the South area of Edmonton.


Cornerstone Apartments

Vista Green

The SunRise

Majestic Apartments

Wellington Apartments

Julliard North

9910

8407-8108 108 St NW

Trinity Apartments
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.

Second Street Manor

Oliver Place 1

Argyll Apartments

Palmont Place

Queen Mary Apartments

Virginian Arms

Youngstown Townhomes and Apartments

10976 124 St

11214-11116 116 St NW

Sierra Manor
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.

Mainstreet 124th

8705-8152 152 St NW

Chelsey Apartments

Tran Terrace

Tiffany Apartments

CX

9208-9106 106 Ave NW

16006-16103 103 Ave NW

Mainstreet Tower

Mayfair Village South
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.

Riverside Estates

Hudson Arms

Downtown Edmonton Apartments

8615-8108 108 St NW

Grace Manor

Granville Place

Whitehouse Apartments

Broadview Legislature Apartments

Jasper Ave Lookout 1

Madison Arms
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.

Kingsway Lofts & Apartments

King Edward Apartments

9813-9153 153 St NW

9817-9153 153 St NW

10734-108 108 St NW

The Nines

The Nines

Garneau Towers Apartments

The Carlton

Rossdale Apartments 2
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.
South, Edmonton, AB Local Guide
How much does it cost to rent an apartment in South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Studio Apartments | $1,156 | $829 | $2,745 |
| South 1 Bedroom Apartments | $1,540 | $750 | $4,790 |
| South 2 Bedroom Apartments | $1,884 | $1,035 | $5,000 |
| South 3 Bedroom Apartments | $2,173 | $910 | $6,881 |
| South 4 Bedroom Apartments | $3,809 | $980 | $6,434 |
Browse Apartments in this Neighborhood
There are currently 494 rentals with your search options within a 2 mile radius of the South Neighborhood of Edmonton, AB.
See all Apartments in EdmontonExplore Edmonton
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arcade Heritage Apartments | Bachelor | Studio,1BA | $779 |
| Nicoll Manor | Bachelor | Studio,1BA | $799 |
| Cornerstone Apartments | Bachelor | Studio,1BA | $829 |
| Vista Green | Bachelor | Studio,1BA | $829 |
| River Valley View Apartments 1 | Bachelor | Studio,1BA | $849 |
| The SunRise | - Bachelor | Studio,1BA | $853 |
| Majestic Apartments | Bachelor | Studio,1BA | $854 |
| Carina Court | Bachelor | Studio,1BA | $859 |
| Mainstreet on 124th | Bachelor | 1BR,1BA | $864 |
| Wellington Apartments | Bachelor | Studio,1BA | $879 |
Best Value Apartments for Rent in South, AB
As of June 05, 2026 the best value apartment in the South area is the $1.12 price per square foot - 3 Bedroom Model at South Ridge Townhomes in the in the South neighborhood starting from $1,645. The second greatest value South apartment is the 2 Bedroom + Den Model at Tamarack East & West starting at $1,559 with a $1.33 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| South Ridge Townhomes | - 3 Bedroom | 3BR,1.5BA | $1.12 |
| Tamarack East & West | 2 Bedroom + Den | 2BR,1BA | $1.33 |
| Westwinds Of Summerlea | 2 Bedroom + Den | 2BR,1BA | $1.39 |
| Sandstone Pointe | 2 Bedroom Bi-level | 2BR,1BA | $1.30 |
| Corian Apartments | 2 Bedroom Bi-level | 2BR,1.5BA | $1.38 |
| South Ridge Apartments | - 2 Bedroom | 2BR,1BA | $1.27 |
| Park Place South | The Willow | 2BR,1BA | $1.22 |
| Cambridge West | Eton | 1BR,1BA | $1.32 |
| Jasper Ave Lookout 2 | 1 Bedroom | 1BR,1BA | $1.30 |
| WestWynd | 1 Bedroom | 1BR,1BA | $1.38 |
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 $879.
What is the price of a cheap apartment in South?
The cheapest apartment in South is Mainstreet on 124th which is listed at $864, while the average apartment in South costs $6,685.
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 22 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 $245 which is $6,440 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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.