Realty Focus
Welcome to our overview of the rental market in the Greater Edmonton Area (Edmonton, Sherwood Park. St. Albert, Fort Saskatchewan, and more), we manage over 500 rental properties, giving us unique insights into the current trends and dynamics of the market.
In recent months, the rental market in Edmonton has shown significant growth. Demand for rental properties remains high, driven by a combination of economic stability, a thriving job market, and the city’s overall appeal. Our data indicates that rental prices have seen a moderate increase, reflecting the growing interest in this vibrant region. Our portfolio of 500+ rentals spans a diverse range of property types, from basement suites to single-family homes to apartment buildings. This extensive range allows us to cater to a wide variety of tenants, ensuring we meet the needs of both families and individuals.
Stay informed with the latest rental market stats and trends by partnering with Realty Focus. We are committed to providing exceptional property management services and insights to help you navigate the dynamic Edmonton rental market and tenants alike.
July 2024 Rent Report
This report covers the rental market stats in Edmonton, Sherwood Park/St. Albert, Fort Saskatchewan, Leduc/Beaumont and other surrounding cities.
Vacancy
| Edmonton | 1.11% |
| Sherwood Park/ St. Albert | 1.35% |
| Fort Saskatchewan | 0% |
| Leduc/ Beaumont | 0% |
| Other * | 11.11% |
Average Days on Market
| Edmonton | 27.78 |
| Sherwood Park/ St. Albert | 26.82 |
| Fort Saskatchewan | 27.00 |
| Leduc/ Beaumont | 27.00 |
| Other * | 29.00 |
Average Rental Prices
| City | Houses | Rowhouses | Apartments | Total Avg Rental Price |
|---|---|---|---|---|
| Edmonton | $2,051.51 | $1,726.96 | $1,3951.11 | $1,724.53 |
| Sherwood Park/ St. Albert | $2,414.92 | $1,954.62 | $1,606.80 | $1,992.11 |
| Fort Saskatchewan | $2,121.18 | $1,899.82 | $1,142.19 | $1,721.06 |
| Leduc/ Beaumont | $2,263.13 | $1,572.70 | $1,268.00 | $1,701.28 |
| Other * | $2,040.50 | $1,385.31 | $1,191.28 | $1,539.03 |
| Basement & Garage Suits | $1,086.15 |
