Edmonton · Updated regularly

Affordable Starter Homes in Edmonton

Edmonton offers a wide selection of starter homes, with many excellent options available under $350,000 to help first-time buyers enter the market.

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80
Active homes in this range
$300k
Median asking price
3
New in the last 7 days
~1 min
MLS® listing updates
Filters applied on this page
Edmonton Active listings only

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How these homes were selected

  • Active MLS listings in 367 curated neighbourhoods (including Windermere, Summerside, Oliver).
  • List price between $200,000 and $400,000.

MLS area names are proxies; remarks may be incomplete; we do not verify walking distance, travel time, or exact proximity.

Selection criteria updated 2026-08-07.

Live inventory

Sample MLS listings in this budget

Opening one starts with three quick swipes — that is how the app learns which homes are worth your time. Takes about twenty seconds.

#305 10026 112 ST NWActive
$269,900
#305 10026 112 ST NW, Edmonton
2 bed 2 bath
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#88 320 Secord Blvd NWActive
$319,900
#88 320 Secord Blvd NW, Edmonton
2 bed 2.5 bath
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#353 2096 Blackmud Creek Drive SWActive
$269,900
#353 2096 Blackmud Creek Drive SW, Edmonton
2 bed 2 bath
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9921 162 ST NWActive
$275,000
9921 162 ST NW, Edmonton
2 bed 1 bath
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#215 2045 GRANTHAM CT NWActive
$293,900
#215 2045 GRANTHAM CT NW, Edmonton
2 bed 2 bath
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9457 156 ST NWActive
$259,900
9457 156 ST NW, Edmonton
3 bed 2.5 bath
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Sample of active MLS® listings. Photos and details come from licensed CREA DDF data and can change.

See all 80 homes
Why this list beats a price filter

A budget is where you start, not how you choose

Ranked, not just filtered

Swipe a few and the order changes around what you actually respond to. All 80 of these are not equally worth your Saturday.

Every home has an estimate

Keylo Price sits on each listing so you can see whether the asking price looks sharp or optimistic before you spend time on it.

Shortlist with someone else

Invite your partner or a friend to the same list and comment home by home instead of forwarding links.

We ran the distribution

$400,000 is the top of one Edmonton market and the bottom of another

Whether your budget is comfortable depends entirely on which kind of home you actually want — and the gap is bigger than most people expect.

Share of each type's active listings priced at or below $400,000.

Apartment / condo91%
median $204,8001,361 listings
Townhouse / row87%
median $319,998785 listings
Detached10%
median $570,0002,734 listings
What that means for you. At $400,000 you're above about 91% of Edmonton's condos but only 10% of its detached houses. If you're open to a condo, you're near the top of that market and can afford to be selective. If you specifically want a detached house — which is usually what people mean when they search "homes" — it's largely out of reach at this number across most of the city. The real decision is a townhouse now versus waiting. Same budget, two completely different strategies.

Percentile of $400,000 within each type's active Edmonton inventory on August 4, 2026. Prices are right-skewed by a small number of very high listings, so we rank by percentile rather than averages. 744 active listings sit outside these three types (duplex, multi-family and other forms) and are not shown. Active inventory only — it moves week to week.

FAQ

Frequently asked questions

What's considered a 'starter home' in Edmonton?
In Edmonton, a starter home typically refers to an entry-level property that's more affordable, often with 2-3 bedrooms and 1-2 bathrooms, usually around 1000-1400 sq ft. These homes are perfect for first-time buyers looking for manageable mortgage payments and a comfortable living space to begin their homeownership journey.
What are the key benefits of buying a starter home versus a larger, more established property?
Starter homes often come with a lower purchase price and, consequently, lower property taxes and mortgage payments, making them more accessible for those just entering the market. While a larger home might offer immediate spaciousness, starter homes provide an excellent opportunity to build equity and gain valuable experience in homeownership without being overextended financially.
How can I find out if I qualify for a mortgage to buy a starter home?
The best first step is to get pre-approved for a mortgage. This process involves a lender reviewing your financial situation to determine how much you can borrow, giving you a clear budget for your starter home search. We can connect you with trusted local mortgage specialists who can help you navigate this process quickly and easily.
Are there specific neighborhoods in Edmonton known for good starter home options?
Yes, several Edmonton neighborhoods offer excellent value for starter homes, often balancing affordability with good amenities and community feel. Areas like Mill Woods, Clareview, and various communities on the south and west sides often feature a good inventory of well-maintained, entry-level properties suitable for first-time buyers.
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