Primary Rental Market
Vacancy Rate (%)

By:

  1. Bedroom Type
  2. Year of Construction
  3. Structure Size
  4. Rent Ranges
  5. Rent Quartiles

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  2. Historical Time Periods

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Alberta — Vacancy Rates by Rent Quartile by Metropolitan Areas, Census Agglomerations and Cities

  Vacancy Rate (Q1) Vacancy Rate (Q2) Vacancy Rate (Q3) Vacancy Rate (Q4)
Alberta 3.5 a 3.3 a 4.3 a 6.5 b
Blackfalds T ** ** ** **
Bonnyville No. 87 MD ** **
Brooks 2.0 c 1.6 c 6.4 b 0.0 b
Calgary 4.2 b 4.7 a 5.8 a 6.2 a
Camrose 0.0 c ** 1.3 d 3.7 d
Canmore 1.3 d 2.7 b 2.4 a 0.8 a
Cold Lake CY 3.7 b 1.9 b ** 5.9 b
Edmonton 2.9 a 2.9 a 3.0 a 6.7 b
Grande Prairie 1.2 a 2.6 a 1.2 a 4.1 b
Grande Prairie County No. 1 MD ** **
High River 0.0 d 1.0 a ** 0.0 d
Lacombe 1.1 d 1.9 c 1.3 d 0.9 d
Lethbridge 2.0 c 0.5 b 4.2 d **
Lloydminster 2.2 b 3.1 c 2.5 a 8.5 a
Mackenzie County SM ** ** **
Medicine Hat 1.4 a 3.0 b 3.1 c 5.2 b
Okotoks ** 2.0 c 2.2 b 12.9 a
Red Deer 3.7 b 3.6 b 3.0 a 3.0 a
Red Deer County MD ** 0.0 a 17.6 a 0.0 a
Strathmore 4.6 b 0.0 d ** 0.0 d
Sylvan Lake 0.5 a 3.1 c 2.5 a 5.3 c
Wetaskiwin 4.0 c 5.2 c 5.0 d 9.0 c
Wood Buffalo 14.3 c 12.7 c 16.2 d 10.0 c
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)