For the month of February 2019 Edmonton registered small improvement on our rental market. Part of the reason for this was the extremely cold month which though made it a slow month to fill vacancies, it also prevented people from shopping around for a better deal. Find out the average rent prices for Edmonton.
With mortgage rates rising and the "stress test" preventing people from qualifying for a mortgage may be turning a better picture for rental property landlords.
Below is an overview of average rental rates in different areas in Edmonton.
|
Number of bedrooms |
|||
|
1 |
2 |
3 |
|
|
Central Edmonton |
$850 |
$1100 |
1300 |
|
University |
$900 |
$1100 |
- |
|
West |
$925 |
$1050 |
$1200 |
|
Terwillegar |
$1050 |
$1300 |
$1600 |
|
NW |
$850 |
$1175 |
$1500 |
|
NE |
$825 |
$1000 |
$1200 |
|
Millwoods |
- |
$1050 |
$1175 |
|
Summerside |
$1000 |
$1250 |
$1450 |