Cheap Homes for Rent in Edmonton, AB from C$300 (29 Rentals)

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Edmonton, AB Local Guide

Cheapest Neighborhoods for Apartments in Edmonton, AB

Pricing Updated: 04/12/2025

Current apartment rentals in the Edmonton, AB area range in price from C$1,000 to C$6,500 with an overall median price of C$3,471. The three Edmonton neighborhoods with the lowest median rent pricing are West at C$1,000, North at C$1,015, and South at C$1,000. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Edmonton Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
WestC$1,864C$1,00033
NorthC$2,240C$1,01570
SouthC$4,029C$1,000231
South CentralC$4,029C$1,02182
CentralC$4,333C$1,015149
DowntownC$4,333C$1,02174

Cheapest Available Edmonton Apartments for Rent

 

The cheapest available apartment rental in Edmonton, AB is a Studio unit found at Hartford Apartments in the Central neighborhood priced from C$697. Mainstreet Park in the Central neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from C$799. Here is today’s list of the most affordable Edmonton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hartford ApartmentsBachelorStudio,1BAC$697
Mainstreet ParkBachelorStudio,1BAC$799
Heritage Trail Apartments 2BachelorStudio,1BAC$801
River Valley View Apartments 1BachelorStudio,1BAC$849
Heritage Trail Apartments 1BachelorStudio,1BAC$849
Oakmount ManorBachelorStudio,1BAC$851
Oasis ApartmentsBachelorStudio,1BAC$873
Waselenak PlaceBachelorStudio,1BAC$889
Hansen HouseBachelorStudio,1BAC$895
Riverside EstatesBachelorStudio,1BAC$899

Best Value Apartments for Rent in Edmonton, AB

As of April 12, 2025 the best value apartment in the Edmonton area is the C$1.20 price per square foot 3 Bedroom Townhouse Model at Briarwynd Court in the in the South neighborhood starting from C$1,823. The second greatest value Edmonton apartment is the The Pine Model at Park Place South starting at C$1,539 with a C$1.18 price per square foot in the South neighborhood. Here is today’s list of the best values for Edmonton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Briarwynd Court3 Bedroom Townhouse3BR,1.5BAC$1.20
Park Place SouthThe Pine3BR,1.5BAC$1.18
South Ridge TownhomesClassic Suite - 3 Bedroom3BR,1.5BAC$1.34
Castleridge Estates3 Bedroom Townhouse3BR,1BAC$1.37
Brookside Terrace3 Bedroom3BR,1BAC$1.39
Westridge Manor2 Bedroom2BR,1BAC$1.37
Wellington Park Townhomes2 bedroom2BR,1BAC$1.41
Joy Manor Apartments2 bedroom2BR,1BAC$1.38
Cambridge WestEton1BR,1BAC$1.31
Twilight Manor1 bedroom1BR,1BAC$1.35

Quick Rent Budget Calculator

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Edmonton, AB Area Reviews

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Sophie • 2+ years in Edmonton

February 25, 2025

well the rent is too hight for new comers and for people who really need to move.

Frequently Asked Questions about Edmonton

What type of rentals are currently available in Edmonton?

There are currently 3796 Apartments for Rent in Edmonton, AB with pricing that ranges from C$1,000 to C$6,500. There are also 164 Single Family Homes for rent, Condos, and Townhome rentals currently available in Edmonton ranging from C$300 to C$3,375.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Edmonton ranges from C$300 to C$3,375 with an average monthly rent of C$1,764.

How much are larger Three and Four Bedroom Rentals in Edmonton?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Edmonton range from C$1,535 to C$4,170, while Three Bedroom Homes, Condos, and Townhomes for rent range from C$1,250 to C$3,375. Four Bedroom Single-Family rentals are also available starting from C$2,200 and Four Bedroom Apartments start at C$2,240.

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.