Primary Rental Market
Summary Statistics

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  1. Historical Time Periods
  2. Current Geography

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Red Deer (CY) — Historical Rental Market Statistics Summary

  Vacancy Rate (%) Availability Rate (%) Average Rent ($) Median Rent ($) % Change Units
1990 October 0.8 a ** 466 a 455 a ** 6,812
1991 October 0.9 a ** 490 a 485 a 4.7 a 6,860
1992 October 2.6 a ** 496 a 490 a 1.7 b 6,808
1993 October 3.1 a ** 501 a 495 a 1.3 a 6,834
1994 October 5.3 a ** 508 a 495 a 0.6 a 6,795
1995 October 6.7 a ** 496 a 490 a -1.1 a 6,624
1996 October 5.2 a ** 496 a 495 a -0.4 a 6,583
1997 October 1.3 a ** 500 a 495 a 2.0 b 6,328
1998 October 0.3 a ** 528 a 525 a 5.2 b 6,125
1999 October 0.6 a ** 551 a 550 a 4.9 b 5,979
2000 October 0.7 a ** 572 a 575 a 4.1 b 5,996
2001 October 1.0 a ** 606 a 600 a 5.2 a 6,039
2002 October 3.9 a ** 616 a 615 a 2.0 a 6,068
2003 October 4.6 a ** 618 a 625 a -0.4 a 6,215
2004 October 3.5 a ** 619 a 619 a 0.3 b 6,210
2005 October 1.2 a 2.7 a 637 a 635 a 1.9 a 6,261
2006 October 0.4 a 1.4 a 707 a 689 a 12.2 a 6,259
2007 October 2.3 a 3.8 a 812 a 800 a 14.3 c 6,086
2008 October 4.0 a 5.8 a 853 a 849 a 5.1 b 5,858
2009 October 8.5 a 9.7 a 827 a 805 a -3.6 b 5,901
2010 October 7.3 a 9.0 a 796 a 799 a -1.9 b 5,904
2011 October 2.9 a 3.5 a 797 a 799 a 0.3 b 5,886
2012 October 1.3 a 1.7 a 841 a 845 a 4.7 a 5,915
2013 October 1.8 a 2.4 a 921 a 900 a 6.9 a 6,061
2014 October 1.9 a 2.2 a 953 a 950 a 5.1 b 6,093
2015 October 5.2 a 5.9 a 999 a 995 a 2.1 a 6,259
2016 October 12.9 a 14.0 a 968 a 950 a -4.0 a 6,522
2017 October 11.9 a 12.5 a 962 a 945 a -0.5 a 6,697
2018 October 8.4 a ** 977 a 950 a 1.8 b 6,654
2019 October 8.8 a ** 992 a 950 a 0.5 b 6,808
2020 October 8.2 a ** 987 a 950 a -0.7 a 6,921
2021 October 5.6 a ** 987 a 950 a ++ 6,931
2022 October 2.7 a ** 1,056 a 979 a 5.3 a 7,051
Notes:
  • The following letter codes are used to indicate the reliability of the estimates: a - Excellent, b- Very good, c - Good, d - Fair (Use with Caution)
  • ** Data suppressed to protect confidentiality or data not statistically reliable
  • ++ Change in rent is not statistically significant. This means that the change in rent is not statistically different than zero (0). (Applies only to % Change of Average Rent Tables).
  • - No units exist in the universe for this category
  • n/a: Not applicable