Primary Rental Market
Summary Statistics

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Alberta — Rental Market Statistics Summary by Metropolitan Areas, Census Agglomerations and Cities

  Vacancy Rate (%) Availability Rate (%) Average Rent ($) Median Rent ($) % Change Units
Alberta 3.4 a ** 1,511 a 1,475 a 8.0 a 189,136
Blackfalds T 0.0 d ** 1,182 a 1,150 b ++ 55
Bonnyville No. 87 MD ** ** ** ** ** 12
Brooks 1.9 a ** 1,397 a 1,400 a 16.6 a 908
Calgary 4.6 b ** 1,744 a 1,700 a 8.5 b 61,359
Camrose 1.1 a ** 1,276 a 1,348 a 9.9 a 1,236
Canmore 1.1 a ** 2,049 a 2,105 a 7.4 b 616
Cold Lake CY 2.3 a ** 1,206 a 1,246 a ++ 773
Edmonton 3.0 a ** 1,422 a 1,408 a 7.3 a 96,560
Grande Prairie 2.1 a ** 1,300 a 1,295 a 10.0 a 4,274
Grande Prairie County No. 1 MD ** ** ** ** ** 28
High River ** ** 1,221 a 1,250 b 10.0 d 308
Lacombe 0.8 a ** 1,326 a 1,350 a ** 536
Lethbridge 0.6 b ** 1,440 b 1,415 b 7.6 c 4,412
Lloydminster 2.6 b ** 1,154 a 1,175 a 7.2 a 1,541
Mackenzie County SM 0.0 a ** 1,405 a 1,400 a ** 48
Medicine Hat 2.1 a ** 1,171 a 1,150 a 10.5 c 3,663
Okotoks 1.3 a ** 1,535 a 1,595 a ** 172
Red Deer 1.6 b ** 1,304 a 1,250 a 10.1 a 7,160
Red Deer County MD 4.2 a ** 1,595 a 1,595 a 10.0 a 71
Strathmore 1.4 a ** 1,403 a 1,350 a 23.1 a 290
Sylvan Lake 0.7 a ** 1,301 a 1,282 a 11.4 c 612
Wetaskiwin 2.4 a ** 1,255 a 1,276 a 5.3 d 1,185
Wood Buffalo 10.2 a ** 1,437 a 1,355 a 5.2 a 3,317
Notes:
  • The following letter codes are used to indicate the reliability of the estimates: a — Excellent, b — Very good, c — Good, d — Poor (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).
Source: CMHC Rental Market Survey (opens in new window)