Cheap Apartments for Rent near Onoway, AB from $800 (95 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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Mercury Block
Rent Specials
$1,331 - $2,464
Total Monthly Price

Total Monthly Price

Base Rent
$1,331 - $2,464
Total Monthly Price
$1,331 - $2,464
1 to 3 Bedroom Apartments Available Now

Mercury Block

12322 102 Av NWEdmonton, AB T5N 3P7
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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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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 Cornerstone Apartments in the South neighborhood priced from $829. Majestic Apartments in the Central neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $864. Here is today’s list of the most affordable Onoway apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cornerstone ApartmentsBachelorStudio,1BA$829
Majestic ApartmentsBachelorStudio,1BA$864
Mainstreet on 124thBachelor1BR,1BA$864
Elizabeth ManorBachelorStudio,1BA$864
Confederation PlaceBachelorStudio,1BA$869
Sunshine Mills1 bedroom1BR,1BA$919
Ingle ApartmentsBachelorStudio,1BA$919
Parklane Gardens- 1 Bedroom1BR,1BA$920
Christopher's Place- BachelorStudio,1BA$929
Cloverdale Apartments- 1 Bedroom1BR,1BA$935

Best Value Apartments for Rent in Onoway, AB and Nearby

As of July 31, 2026 the best value apartment in the Onoway area is the $1.55 price per square foot 3 Bedroom Townhouse Premium Model at West Edmonton Village in the in the South neighborhood starting from $1,859. The second greatest value Onoway apartment is the - 3 Bedroom Model at Delton Townhomes starting at $1,545 with a $1.45 price per square foot in the North neighborhood. 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 Townhouse Premium3BR,1.5BA$1.55
Delton Townhomes- 3 Bedroom3BR,1BA$1.45
Wellington Park Townhomes2 bedroom2BR,1BA$1.46
Athlone Park Townhomes2 Bedroom Townhouse2BR,1BA$1.47
Wedgewood Townhomes2 bedroom2BR,1BA$1.68
Redwood Court1 Bedroom1BR,1BA$1.71
Hudson Court- 1 Bedroom1BR,1BA$1.56
Aiva Manor- 1 Bedroom1BR,1BA$1.65
Parklane Gardens- 1 Bedroom1BR,1BA$1.45
Gilford Apartments1 bedroom1BR,1BA$1.71

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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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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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!

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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 Cornerstone Apartments listed at $829.

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

The lowest price for a Cheap One Bedroom Onoway Apartment is $864 at Mainstreet on 124th.

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 $1,159 at McQueen Place.

What is the most affordable Onoway Three Bedroom Apartment?

The best deal on a cheap Onoway Three Bedroom Apartment rental is at Ingle Apartments and starts from $1,349.

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

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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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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.

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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.