10882 98 St NW
EdmontonABT5H 2P5
Cheap Homes for Rent in Downtown Neighborhood of Edmonton, AB from $1,300 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Edmonton.
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.
10135-10120 120 St NW
EdmontonABT5K 2A1
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.
10326-10117 117 St NW
EdmontonABT5K 1X8
Showing Results 1-3, Page 1 of 1
Downtown, Edmonton, AB Local Guide
How much does it cost to rent a home in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown 2 Bedroom Homes for Rent | $1,903 | $1,300 | $2,500 |
| Downtown 3 Bedroom Homes for Rent | $3,395 | $2,995 | $3,795 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Edmonton, AB.
Explore Edmonton
Let everyone know!
Do you know the Downtown area?
If you’re an expert on all things Downtown, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Value Apartments for Rent in Downtown, AB
As of December 27, 2025 the best value apartment in the Downtown area is the $1.43 price per square foot 2 bedrooms Model at York Tower in the in the Central neighborhood starting from $1,475. The second greatest value Downtown apartment is the 3 bedroom Model at Virginian Arms starting at $1,479 with a $1.57 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. |
|---|---|---|---|
| York Tower | 2 bedrooms | 2BR,1BA | $1.43 |
| Virginian Arms | 3 bedroom | 3BR,1BA | $1.57 |
| Hudson Court | - 2 Bedroom | 2BR,1BA | $1.60 |
| Cypress Manor | 2 bedroom | 2BR,1BA | $1.53 |
| Wimbledon | 1 Bedroom | 1BR,1BA | $1.61 |
| Alex Manor | - 2 Bedroom | 2BR,1BA | $1.60 |
| Second Street Manor | 1 bedroom | 1BR,1BA | $1.38 |
| Joy Manor Apartments | 1 bedroom | 1BR,1BA | $1.44 |
| Phelips Apartments | - 1 Bedroom | 1BR,1BA | $1.44 |
| Waselenak Place | 1 bedroom | 1BR,1BA | $1.59 |
Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 717 Apartments for Rent in Downtown, AB with pricing that ranges from $801 to $5,000. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,300 to $3,795.
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 $1,300 to $3,795 with an average monthly rent of $2,391.
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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!