SUBSIDIES

Rental Rates That Work for You

To keep quality housing within reach, we offer standard market rentals for all Edmontonians, income-qualified subsidized rates for lower-to-middle-income households.

OUR RENTAL RATES

Designed to keep quality living within reach.

Whether you pay a standard market rate or qualify for our subsidized program, every single HomeEd tenant gets the same quality home, the same beautiful community, and the same respectful service.

What is a Subsidized Rental Rate?

MARKET RATE

Market Rental Rates

HomeEd regularly reviews the rent rates that comparable properties in the area are charging, and our rents will at most be in line with these rates. There is no income maximum for Market Rate renters.

 

  • Competitive with local market
  • No income cap or maximum
  • Standard rental application and reference checks
  • Open to all Edmontonians

SUBSIDIZED

Subsidized Rental Rates

Household size and income determine whether tenants are eligible for subsidized units, which include lower rent through our Rent Subsidy Program.

 

  • Approximately 20–30% below average market rates
  • Eligibility based on household size & annual income
  • Annual income verification required
  • Standard rental application and reference checks

ELIGIBILITY

Who qualifies for the Rent Subsidy Program?

Our Rent Subsidy Program provides below-market rents to eligible tenants. Eligibility is based on your household size and annual income at the time of application.

HomeEd utilizes the City of Edmonton's annual income threshold by household size.

  • References from past landlords
  • Income level
  • Unit size suitability for household

The process to apply for a subsidized unit is the same as our process for market-rate units. 

INCOME DECLARATION

All household income must be declared

We require evidence of income to determine your eligibility to rent our units. HomeEd requires that all incomes (from all household members) be declared upon application and/or renewal.

Income is a determining factor in whether you are eligible to rent a Subsidized Unit.

Applying For a Subsidized Unit

The process to apply for a subsidized unit is the same as our process for market rate units. Follow these three steps to apply for a specific HomeEd rental property.

  1.    Browse Rental Listings

          Review available HomeEd properties and choose the
          location that best fits your household.

  2.    Request a Viewing

          Fill out a quick form to request a viewing at a time that                        works for you.

   3.   Leasing Review

           A Leasing Specialist will contact you to confirm your    
           viewing time and answer any questions.