Cheap Apartments for Rent in the Downtown Neighborhood of Edmonton, AB from C$700 (136 Rentals)

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

property at 9999 111 St NW

9999 111 St NW

EdmontonABT5K 1K3

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Tyrone Heritage Residences
Studio to 1 Bedroom Apartments

Tyrone Heritage Residences

10529 99th Ave NWEdmonton, AB T5K 0E7
  • Utilities Included
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Flores Manor
Studio to 2 Bedroom Apartments

Flores Manor

10609 115th St NWEdmonton, AB T5H 3K7
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Centre 110
Studio to 2 Bedroom Apartments

Centre 110

10719 110th St NWEdmonton, AB T5H 3C9
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Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of Edmonton, AB is a Studio unit found at Heritage Trail Apartments 2 priced from C$801. Heritage Trail Apartments 1 has the second lowest priced unit, which is a Studio apartment currently listed from C$849. Here are the most affordable Downtown apartments for rent in Edmonton, AB:

Apartment ListingModel NameBed/BathPriced From
Heritage Trail Apartments 2BachelorStudio,1BAC$801
Heritage Trail Apartments 1BachelorStudio,1BAC$849
Oakmount ManorBachelorStudio,1BAC$851
Waselenak PlaceBachelorStudio,1BAC$889
Hansen HouseBachelorStudio,1BAC$895
Joy Manor Apartments1 bedroom1BR,1BAC$899
Hilton ManorBachelorStudio,1BAC$899
Cedar GroveBachelorStudio,1BAC$899
Arcade Heritage ApartmentsBachelorStudio,1BAC$899
Somerset ApartmentsBachelorStudio,1BAC$900

Best Value Apartments for Rent in Downtown, AB

As of April 29, 2025 the best value apartment in the Downtown area is the C$1.38 price per square foot 2 bedroom Model at Joy Manor Apartments in the in the Central neighborhood starting from C$1,299. The second greatest value Downtown apartment is the 1 Bedroom 1 Bath Model at The Residences on 104th starting at C$1,223 with a C$1.39 price per square foot in the Central neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Joy Manor Apartments2 bedroom2BR,1BAC$1.38
The Residences on 104th1 Bedroom 1 Bath1BR,1BAC$1.39
Second Street Manor2 bedroom2BR,1BAC$1.55
Trinity Apartments2 bedroom2BR,1BAC$1.70
Simon's CourtRenovated Suite - 1 Bedroom1BR,1BAC$1.68
Rossdale Apartments 11 Bedroom1BR,1BAC$1.66
Academy Manor Apartments1 Bedroom1BR,1BAC$1.68
Ariel Apartments1 bedroom1BR,1BAC$1.68
Gilford Apartments1 bedroom1BR,1BAC$1.66
Aberdeen Apartments1 bedroom1BR,1BAC$1.68

Frequently Asked Questions about Cheap Downtown Apartments

What is a cheap apartment in Downtown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under C$900.

What is the price of a cheap apartment in Downtown?

The cheapest apartment in Downtown is Waselenak Place which is listed at C$899, while the average apartment in Downtown costs C$3,466.

What types of apartments are the cheapest in Downtown?

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 2 regular apartments in Downtown 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 Downtown?

Cheap apartments in Downtown have an average cost of C$470 which is C$2,996 cheaper than the average rent for all rentals in Downtown.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

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Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.