Edmonton continues to attract renters with its balance of affordability, job opportunities, and diverse communities. Whether you’re a student, young professional, family, or retiree, affordability often plays the biggest role when choosing where to live. The good news? Edmonton has plenty of neighborhoods that offer affordable rental options without compromising on convenience and quality of life.
In this blog, we’ll explore the affordable neighborhoods to rent in Edmonton in 2025 and what makes each area appealing for tenants.
1. Mill Woods
Mill Woods is one of the most popular areas for affordable rentals, offering apartments, duplexes, and townhomes. With schools, shopping centers, and parks nearby, it’s especially attractive for families looking for budget-friendly housing with community amenities.
2. Clareview
Clareview stands out for renters thanks to its excellent transit access, including an LRT station that connects directly to downtown. Rental prices here are lower than in central neighborhoods, and tenants benefit from shopping plazas, gyms, and parks within walking distance.
3. Belvedere
Belvedere is an established northeast Edmonton neighborhood where renters can find affordable apartments and older houses. With quick access to major roadways and bus routes, it’s a practical choice for commuters and budget-conscious tenants.
4. Balwin
Balwin offers a mix of low-rise apartments and rental houses at lower-than-average prices. Families appreciate the schools and recreational facilities in the area, while students and young professionals enjoy the affordable rents and easy connections to the rest of the city.
5. Kilkenny
Kilkenny is a renter-friendly community with several schools, sports facilities, and a strong family atmosphere. Townhomes and apartments here are reasonably priced, making it a great option for tenants who want affordability and access to community spaces.
6. Delwood
With its quiet streets and proximity to Londonderry Mall, Delwood is a hidden gem for renters. Affordable bungalows, basement suites, and apartments attract families and retirees who want peace, convenience, and affordability all in one place.
7. Eastwood
Eastwood is undergoing revitalization, which makes it a smart pick for renters. Apartments and houses here are still priced lower than the city average, and its closeness to downtown appeals to professionals and students who want affordability without sacrificing location.
8. Meyokumin
Located in Mill Woods, Meyokumin has plenty of affordable apartments and townhomes for rent. Tenants benefit from nearby schools, shopping centers, and parks, making it a well-rounded choice for families and first-time renters alike.
9. Britannia Youngstown
This west Edmonton neighborhood offers affordable rental apartments, duplexes, and houses. Its central location makes it easy to get around the city, while nearby schools and shopping centers add to its convenience for tenants.
10. Beacon Heights
Beacon Heights is known for its budget-friendly rental homes on larger lots. The area has parks, schools, and quiet streets, making it a good fit for families and long-term renters who want space without the high rent prices of newer neighborhoods.
Why Affordable Rental Neighborhoods Matter
For renters, affordability means more flexibility in monthly budgeting. Choosing the right neighborhood with reasonable rent allows tenants to enjoy financial stability while still having access to schools, transit, shopping, and recreational amenities. Many of these communities also provide long-term rental opportunities, making them appealing for both families and individuals.
Final Thoughts
Edmonton’s rental market remains attractive thanks to neighborhoods that balance affordability, convenience, and community living. Whether you’re looking for a spacious townhome in Mill Woods, a commuter-friendly apartment in Clareview, or a budget-friendly house in Belvedere, there are plenty of rental options across the city.
Looking for affordable rentals in Edmonton? Explore the latest listings on GSKProperties.ca