Cheap Homes for Rent in Downtown Neighborhood of Edmonton, AB from C$900 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown area of 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 ListingModel NameBed/BathPriced From
Heritage Trail Apartments 2BachelorStudio,1BAC$801
Heritage Trail Apartments 1BachelorStudio,1BAC$849
Oakmount ManorBachelorStudio,1BAC$851

Best Value Apartments for Rent in Downtown, AB

As of March 28, 2025 the best value apartment in the Downtown area is the C$1.26 price per square foot 2 Beds, 1 Baths Model at The View in the in the Central neighborhood starting from C$1,950. The second greatest value Downtown apartment is the 2 Bedroom Model at The Palisades starting at C$1,550 with a C$1.33 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.
The View2 Beds, 1 Baths2BR,1BAC$1.26
The Palisades2 Bedroom2BR,1BAC$1.33
Joy Manor Apartments2 bedroom2BR,1BAC$1.38
The Residences on 104th1 Bedroom 1 Bath1BR,1BAC$1.44
Second Street Manor2 bedroom2BR,1BAC$1.55
Simon's CourtRenovated Suite - 1 Bedroom1BR,1BAC$1.68
Twilight Manor1 bedroom1BR,1BAC$1.35
Rossdale Apartments 11 Bedroom1BR,1BAC$1.66
Ariel Apartments1 bedroom1BR,1BAC$1.68
Gilford Apartments1 bedroom1BR,1BAC$1.66

Frequently Asked Questions about Downtown

What type of rentals are currently available in Downtown?

There are currently 706 Apartments for Rent in Downtown, AB with pricing that ranges from C$1,024 to C$4,554. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from C$950 to C$9,500.

What is the current price range for Rental Homes in Downtown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from C$950 to C$9,500 with an average monthly rent of C$4,514.

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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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.

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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.

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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.

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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.