Primary Rental Market
Summary Statistics

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Alberta — Historical Rental Market Statistics Summary

  Vacancy Rate (%) Availability Rate (%) Average Rent ($) Median Rent ($) % Change Units
1990 October 2.3 a ** 491 a 475 a ** 160,226
1991 October 2.9 a ** 508 a 500 a 3.9 a 159,253
1992 October 4.8 a ** 513 a 500 a 1.2 a 160,903
1993 October 5.9 a ** 508 a 500 a ** 157,429
1994 October 6.9 a ** 501 a 495 a -1.0 a 157,757
1995 October 7.0 a ** 496 a 485 a ++ 153,206
1996 October 4.8 a ** 499 a 489 a 0.8 a 152,349
1997 October 2.6 a ** 518 a 500 a 4.3 a 150,431
1998 October 1.3 a ** 558 a 550 a 8.3 a 149,439
1999 October 2.3 a ** 578 a 570 a 3.3 a 148,490
2000 October 1.3 a ** 597 a 587 a 3.2 a 147,504
2001 October 1.1 a ** 644 a 630 a 8.2 a 147,346
2002 October 2.2 a ** 673 a 650 a 4.4 a 147,174
2003 October 3.8 a ** 682 a 665 a 1.1 a 149,501
2004 October 4.5 a ** 687 a 665 a 0.7 a 147,829
2005 October 3.0 a 4.4 a 701 a 675 a 1.7 a 147,124
2006 October 0.8 a 1.6 a 788 a 750 a 13.1 a 145,023
2007 October 1.6 a 2.6 a 924 a 885 a 17.0 a 138,096
2008 October 2.6 a 3.8 a 985 a 950 a 6.8 a 133,714
2009 October 5.5 a 6.9 a 956 a 910 a -1.9 a 133,134
2010 October 4.6 a 6.1 a 954 a 900 a -0.3 a 132,018
2011 October 3.3 a 4.3 a 961 a 925 a 1.2 a 130,543
2012 October 2.0 a 2.8 a 999 a 965 a 4.3 a 129,072
2013 October 1.6 a 2.6 a 1,070 a 1,039 a 6.2 a 130,234
2014 October 2.1 a 3.1 a 1,146 a 1,116 a 6.2 a 132,428
2015 October 5.6 a 7.6 a 1,161 a 1,149 a 1.3 a 136,611
2016 October 8.4 a 10.6 a 1,113 a 1,095 a -4.8 a 141,564
2017 October 7.4 a 9.3 a 1,105 a 1,069 a -1.1 a 146,533
2018 October 5.5 a ** 1,130 a 1,100 a 1.7 a 150,192
2019 October 5.4 a ** 1,150 a 1,125 a 1.3 a 152,440
2020 October 6.9 a ** 1,160 a 1,145 a ++ 156,616
2021 October 6.5 a ** 1,172 a 1,150 a ++ 164,393
2022 October 3.7 a ** 1,236 a 1,200 a 3.5 a 171,543
2023 October 2.1 a ** 1,368 a 1,320 a 9.1 a 177,657
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)