Cheap Apartments for Rent near Onoway, AB from $674 (74 Rentals)

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Search the lowest-cost Apartments available for rent right now in Onoway.

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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Sunshine Mills Apartments
$899 - $1,379Studio to 2 Bedroom Apartments

Sunshine Mills Apartments

11118-11124 124th St NWEdmonton, AB T5M 0J6
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Tower Hill
$917 - $1,375Studio to 2 Bedroom Apartments

Tower Hill

9624 105th St NWEdmonton, AB T5K 0Z7
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Mainstreet 124th Apartments
$959 - $1,299Studio to 3 Bedroom Apartments

Mainstreet 124th Apartments

11240 124th St NWEdmonton, AB T5M 0J8
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Deerwood Place
$970 - $1,7501 to 3 Bedroom Apartments

Deerwood Place

12003 139 Av NWEdmonton, AB T5X 3T1
  • Utilities Included

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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Christopher's Place
$1,010 - $1,565Studio to 3 Bedroom Apartments

Christopher's Place

10315 156th St NWEdmonton, AB T5P 2R4
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Dorset Arms Apartments
$1,025Studio to 2 Bedroom Apartments

Dorset Arms Apartments

11708 NW 124th StEdmonton, AB T5M 0K9
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Amera Manor Apartments
$1,029 - $1,429Studio to 2 Bedroom Apartments

Amera Manor Apartments

11615 124th St NWEdmonton, AB T5M 0K7
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Cloverdale Apartments
$1,039 - $1,4141 to 2 Bedroom Apartments

Cloverdale Apartments

10125 153rd St NWEdmonton, AB T5P 2B3
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Gilford Apartments
$1,039 - $1,2291 to 2 Bedroom Apartments

Gilford Apartments

10638 106th St NWEdmonton, AB T5H 2X8
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Parklane Gardens
$1,050 - $1,3901 Bedroom Apartments

Parklane Gardens

11530 124th St NWEdmonton, AB T5M 0K6
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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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Onoway, AB Local Guide

Cheapest Available Onoway Apartments for Rent and Nearby

 

The cheapest available apartment rental in Onoway, AB is a Studio unit found at Mainstreet Park Apartments in the Central neighborhood priced from $674. Cornerstone Apartments in the South neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $829. Here is today’s list of the most affordable Onoway apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mainstreet Park ApartmentsBachelorStudio, 1BA$674
Cornerstone ApartmentsBachelorStudio, 1BA$829
Elizabeth Manor ApartmentsBachelorStudio, 1BA$864
Confederation Place ApartmentsBachelorStudio, 1BA$869
Mainstreet on 124th ApartmentsBachelor1BR, 1BA$879
Majestic ApartmentsBachelorStudio, 1BA$879
Tower HillStudioStudio, 1BA$917
Sunshine Mills Apartments1 bedroom1BR, 1BA$919
Ingle ApartmentsBachelorStudio, 1BA$919
Youngstown Townhomes and ApartmentsStudioStudio, 1BA$949

Best Value Apartments for Rent in Onoway, AB and Nearby

As of September 20, 2026 the best value apartment in the Onoway area is the $1.56 price per square foot 3 Bedroom Bungalow Premium Model at West Edmonton Village in the South neighborhood starting from $2,029. The second greatest value Onoway apartment is the 2 bedroom Model at Wellington Park Townhomes in the North neighborhood starting at $1,329 with a $1.38 price per square foot. Here is today’s list of the best values for Onoway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
West Edmonton Village3 Bedroom Bungalow Premium3BR, 1BA$1.56
Wellington Park Townhomes2 bedroom2BR, 1BA$1.38
Delton Townhomes- 2 Bedroom2BR, 1BA$1.54
Palisades Manor2 bedroom2BR, 1BA$1.55
The Pointe at Riverview2 Bed 2 Bath2BR, 2BA$1.52
Nevada 302 bedrooms2BR, 1BA$1.63
Athlone Park Townhomes2 Bedroom Townhouse2BR, 1BA$1.53
Callingwood on 170th2 Bedroom2BR, 1BA$1.63
Gateway Square1 by 11BR, 1BA$1.64
Hudson Court- 1 Bedroom1BR, 1BA$1.61

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Onoway, AB Rentals by Map

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Frequently Asked Questions about Cheap Onoway Apartments

What is the Cheapest Studio apartment in Onoway?

Currently the most affordable Cheap Studio Apartment in Onoway is at Mainstreet Park Apartments listed at $674.

How much is rent for a Cheap One Bedroom Onoway Apartment?

The lowest price for a Cheap One Bedroom Onoway Apartment is $879 at Mainstreet on 124th Apartments.

What is the lowest price for a Cheap Two Bedroom Onoway Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Onoway is starting from $1,199 at Galbraith House.

What is the most affordable Onoway Three Bedroom Apartment?

The best deal on a cheap Onoway Three Bedroom Apartment rental is at Athlone Park Townhomes and starts from $1,329.

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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.