Edmonton, AB
$0 - $1,500
 

Cheap Rentals Under $1500 in Edmonton, AB

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About Edmonton, AB

Edmonton is the capital city of Alberta and the province’s second-largest city next to Calgary with a population of around 1,000,000 people. Although it’s most commonly known for its oil & gas industries, Edmonton is also recognized as the "Festival City of Canada" owing to its wide variety of festivals and events taking place seemingly every day of the year. The city is also home to the largest shopping centre in Canada, West Edmonton Mall which has over 5.3 million sq. ft. of retail, dining, entertainment & more. Of course, Edmonton is also recognized for its abundant natural beauty – like Elk Island National Park, for example.

Renting in Edmonton, AB

Finding cheap rentals under $1500 in Edmonton requires research, communication with landlords & property managers, securing references, and signing a lease. All this can add up to a lengthy endeavour if you’re not familiar with how to find an apartment in Edmonton. To help you get started, here is a guide with tips for renting in Edmonton.

Average Rent in Edmonton, AB

What is the average rent in Edmonton for cheap rentals under $1500?

The average rent in Edmonton, AB for cheap rentals under $1500 will vary on a month-to-month basis. For the latest stats on average rent in Edmonton, check out our monthly Edmonton rent reports.

Finding cheap rentals under $1500 in Edmonton, AB

Finding affordable rentals in Edmonton is easier compared to other major cities like Vancouver and Toronto, especially if you’re looking for options under $1000. Along with effective negotiation skills, you may be able to lower the rent price further. For helpful tips on negotiating rent, refer to our guide on how to negotiate rent.
In addition to choosing your location, it’s important to know what rental types are available in Edmonton (e.g. 1 bedroom apartments, 2 bedroom apartments, 3 bedroom apartments, studio apartments) and the average rent for each property type. Refer below to figure out your options - ranging from furnished rentals and unfurnished rentals to long term rentals and short term rentals.

Edmonton Rental Types

There are many rental property types you can choose from in Edmonton.

Apartments for rent Edmonton

Apartments are one of the most common form of housing you’ll find in Edmonton. Renters should be prepared for slightly higher prices for apartments for rent in Edmonton, compared to other rental types. Still, diligent renters should be able to find something within their budget in this sprawling metropolis.

Houses for rent Edmonton

Though the city is very densely populated, there are quieter areas of Edmonton surrounding the city’s downtown where renters may find houses for rent in Edmonton. Both partial houses and entire houses for rent are common, with a mix of older and newer homes depending on which part of the city you’re looking in.

Townhouses for rent Edmonton

Townhouses are a popular form of housing in Edmonton that combines the best qualities of both apartments and whole houses. Typically less expensive than houses, townhouses for rent in Edmonton offer an attractive combination of freedom and space, generally coming with your own private yard and entrance.

Basements for rent Edmonton

A popular alternative for students, first-time renters and anyone else seeking relatively inexpensive rental housing are basements for rent in Edmonton. Since rent prices for apartments and houses can often get too expensive, many renters seek out basements for rent in Edmonton as a cheaper alternative. Homeowners often rent out their basements as a way to offset their mortgage payments. This makes it easy for renters to find relatively inexpensive basements for rent in all areas of the city.

Condos for rent Edmonton

Particularly in more densely-populated areas like Downtown Edmonton, condos for rent in Edmonton are often the most common form of rental housing. These types of rental accommodation are perfect for those who like to be in the centre of the action, and don’t need too much space. If you are looking to rent in the city centre though, be prepared for significantly higher monthly rent prices.

Rooms for rent Edmonton

Sharing a house or apartment is practically essential for those looking for cheap rent. Rooms for rent in Edmonton are a great way to experience the best of the city on a budget, and can offer you the opportunity to live in neighbourhoods that would otherwise be unaffordable.

Special Edmonton Rental Types

In addition to choosing your property type, there are also specific rental types you can look into.

Pet friendly rentals in Edmonton

Though not every landlord is keen on allowing pets, there are a good number of pet-friendly rentals in Edmonton for those with furry friends. Both dog-friendly and cat-friendly rental units are available, as well as properties where both are allowed. Keep in mind that some Edmonton neighbourhoods are better suited to those with pets, and adjust your search accordingly.

Furnished rentals in Edmonton

If you’re new to town or just haven’t had a chance to pick up furniture of your own yet, not to worry – there are plenty of furnished rentals available in Edmonton. Renters seeking furnished units should search for these units using filters, but do be prepared to pay more in rent. There are pros and cons to renting furnished units compared to unfurnished units, so deciding whether it’s worth it to buy furniture when moving is a good first step.

Short term rentals in Edmonton

Edmonton has plenty of work opportunities and world-class academic institutions, making it a popular place for those renting on a short-term basis. Short-term rentals in Edmonton are exceedingly popular, particularly during the summer months and at the beginning of school semesters. The added flexibility is an appealing prospect for many renters, and a key factor in deciding whether or not short-term rentals are right for you.

Cheap rentals in Edmonton

Compared to other Canadian cities, rent prices in Edmonton are relatively cheaper. As a result, it shouldn’t be too hard to find something within your budget. If you’re looking for cheap rentals in Edmonton, AB, try finding a roommate or two and exploring shared housing; or search for rooms for rent. It’s worth noting that there are neighbourhoods in Edmonton where rent is considerably cheaper, so exploring these options is a good idea as well.

Edmonton Amenities

When you’re searching for cheap rentals under $1500 in Edmonton, make sure to look at what amenities are offered. For instance, check to see if the rental includes utilities like air conditioning, cable and internet or features such as dishwasher, parking, balcony and fridge.
Tip: When looking at listings on liv.rent, scroll down to the "Amenities" section to see what utilities and features are included with the rental.

Living in Edmonton, AB

Living in Edmonton offers a vibrant urban experience amidst a backdrop of natural beauty. As Canada’s fifth-largest city, it boasts a diverse cultural scene, numerous festivals, and a wide range of dining and entertainment options. The city’s extensive river valley park system provides ample opportunities for outdoor activities. However, winters can be harsh, with cold temperatures and snow. Despite this, there are many welcoming neighbourhoods available for rent in Edmonton, making it a great place to call home.

Popular Neighbourhoods in Edmonton

Like any city, Edmonton is made up of smaller neighbourhoods with their own distinct features. Some of the most popular neighbourhoods include Strathcona, Downtown, Oliver, Glenora, Terwillegar, Riverdale, and Garneau. For more info about Edmonton, you can consult our blog on Edmonton neighbourhoods.

Local Landmarks in Edmonton

West Edmonton Mall continues to draw in tourists as well as providing everything Edmonton residents could ever ask for under one roof. The city also has Canada’s largest living history museum at Ford Edmonton Park, which is a great place to get up close and personal with the city’s history. For residents looking to immerse themselves in the city’s vibrant arts and culture scene, Whyte Avenue has plenty of theaters and trendy destinations. In the winter, be sure to check out the famous Ice Castles, an awe-inspiring display of natural beauty – not to mention a great place for a photo.

Cheap rentals under $1500 Edmonton

Search for condos, townhouses, rooms, and houses for rent in Edmonton, AB on liv.rent. Finding cheap rentals under $1500 near you has never been easier. Filter your search by price range (great for finding cheap apartments for rent), unfurnished or furnished apartments for rent, pet-friendly rentals, availability, and housing type. Options range from studio apartments and suites for rent to 1 or 2 bedroom apartment and 3+ bedrooms for rent.
Our Edmonton rental listings are updated in real-time and are current as of Mar 27, 2025.