
Cheap Homes for Rent in Onoway, AB from $600 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Onoway.


4231 Kinglet Dr NW

4231 Kinglet Dr

3727-3214 214 St NW

1360 Erker Cres NW
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.

9815-9107 107 Ave

10130-10159 159 St NW

10152-10158 158 St NW

3221 Magpie Link NW

28 Renwyck Pl
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.

26 Renwyck Pl

71 Fenwyck Blvd

8127-8228 228 St NW

10140-10156 156 St NW

32 Rosewood Wy
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.

9703 174 St NW
Onoway, AB Local Guide
How much does it cost to rent a home in Onoway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Onoway 2 Bedroom Homes for Rent | $1,298 | $1,100 | $1,450 |
| Onoway 3 Bedroom Homes for Rent | $1,965 | $1,500 | $2,325 |
| Onoway 4 Bedroom Homes for Rent | $1,900 | $1,700 | $2,100 |
| Onoway 6 Bedroom Homes for Rent | $3,199 | $3,199 | $3,199 |
Browse Top Homes for Rent in Onoway
Explore Onoway
Onoway, AB Local Guide
- Nearby Cities
Cheapest Available Onoway Apartments for Rent and Nearby
 The cheapest available apartment rental in Onoway, AB is a Studio unit found at Mainstreet Park in the Central neighborhood priced from $749. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mainstreet Park | Bachelor | Studio,1BA | $749 |
| Cornerstone Apartments | Bachelor | Studio,1BA | $829 |
| Majestic Apartments | Bachelor | Studio,1BA | $854 |
| Amera Manor | Bachelor | Studio,1BA | $879 |
| Sunshine Mills | 1 bedroom | 1BR,1BA | $939 |
Best Value Apartments for Rent in Onoway, AB and Nearby
As of May 05, 2026 the best value apartment in the Onoway area is the $1.47 price per square foot Two Bedroom Model at Providence Apartments in the in the North neighborhood starting from $1,795. The second greatest value Onoway apartment is the 2 Beds, 1 Baths Model at Midtown Estates Apartments starting at $1,770 with a $1.61 price per square foot in the Central neighborhood. Here is today’s list of the best values for Onoway apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Providence Apartments | Two Bedroom | 2BR,2BA | $1.47 |
| Midtown Estates Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.61 |
| Wedgewood Townhomes | 3 bedroom | 3BR,1BA | $1.54 |
| Wellington Park Townhomes | 2 bedroom | 2BR,1BA | $1.46 |
| Delton Townhomes | - 2 Bedroom | 2BR,1BA | $1.49 |
| Hudson Court | - 2 Bedroom | 2BR,1BA | $1.60 |
| Athlone Park Townhomes | 2 Bedroom Townhouse | 2BR,1BA | $1.41 |
| Aiva Manor | - 1 Bedroom | 1BR,1BA | $1.65 |
| Whitehouse Apartments | 1 bedroom | 1BR,1BA | $1.64 |
| Gilford Apartments | 1 bedroom | 1BR,1BA | $1.63 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Onoway, AB Rentals by Map
See the most popular apartments and homes in Onoway, AB
Frequently Asked Questions about Onoway
What type of rentals are currently available in Onoway?
There are currently 112 Apartments for Rent in Onoway, AB with pricing that ranges from $749 to $5,000. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Onoway ranging from $650 to $3,199.
What is the current price range for Rental Homes in Onoway?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Onoway ranges from $650 to $3,199 with an average monthly rent of $1,877.
How much are larger Three and Four Bedroom Rentals in Onoway?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Onoway range from $1,299 to $3,767, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,325. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $985.
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

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.