
Cheap Apartments for Rent in the Downtown Neighborhood of Edmonton, AB from C$700 (133 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Edmonton.


Tower Hill

9999 111 St NW

Edmonton House

York Tower

Vibe Lofts

MacDonald Estates

Prominence Place

Centre Court Apartments

Millennium Manor

e11even

Tuscany Villa
Downtown, Edmonton, AB Local Guide
How much does it cost to rent an apartment in Downtown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Studio Apartments | C$1,226 | C$1,024 | C$1,499 |
Downtown 1 Bedroom Apartments | C$1,495 | C$1,200 | C$1,905 |
Downtown 2 Bedroom Apartments | C$1,915 | C$1,250 | C$4,554 |
Downtown 3 Bedroom Apartments | C$3,039 | C$2,000 | C$4,170 |
Downtown 4 Bedroom Apartments | C$3,466 | C$3,466 | C$3,466 |
Browse Apartments in this Neighborhood
There are currently 133 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Edmonton, AB.
See all Apartments in EdmontonExplore Edmonton
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Heritage Trail Apartments 2 | Bachelor | Studio,1BA | C$801 |
Heritage Trail Apartments 1 | Bachelor | Studio,1BA | C$849 |
Oakmount Manor | Bachelor | Studio,1BA | C$851 |
Waselenak Place | Bachelor | Studio,1BA | C$889 |
Hansen House | Bachelor | Studio,1BA | C$895 |
Arcade Heritage Apartments | Bachelor | Studio,1BA | C$899 |
Cedar Grove | Bachelor | Studio,1BA | C$899 |
Joy Manor Apartments | 1 bedroom | 1BR,1BA | C$899 |
Hilton Manor | Bachelor | Studio,1BA | C$899 |
Twilight Manor | 1 bedroom | 1BR,1BA | C$899 |
Best Value Apartments for Rent in Downtown, AB
As of April 08, 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$1,273 with a C$1.44 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Joy Manor Apartments | 2 bedroom | 2BR,1BA | C$1.38 |
The Residences on 104th | 1 Bedroom 1 Bath | 1BR,1BA | C$1.44 |
Second Street Manor | 2 bedroom | 2BR,1BA | C$1.55 |
Trinity Apartments | 2 bedroom | 2BR,1BA | C$1.70 |
Simon's Court | Renovated Suite - 1 Bedroom | 1BR,1BA | C$1.68 |
Twilight Manor | 1 bedroom | 1BR,1BA | C$1.35 |
Rossdale Apartments 1 | 1 Bedroom | 1BR,1BA | C$1.66 |
Academy Manor Apartments | 1 Bedroom | 1BR,1BA | C$1.68 |
Ariel Apartments | 1 bedroom | 1BR,1BA | C$1.68 |
Gilford Apartments | 1 bedroom | 1BR,1BA | C$1.66 |
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$899.
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 1 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$549 which is C$2,917 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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.