Edmonton
Alberta
Statistics Canada geography code 4811061 · census subdivision
MARKET SCORE
Model CS-MI-1.0 · calculated 2026-09-30
Market snapshot
Average rent
$1,603
CMHC reports this figure for the census metropolitan area, which is wider than the city this market is defined by. Population here is city-level; rent and vacancy are metro-level. CMHC reliability code "a".
Source: Canada Mortgage and Housing Corporation
Confidence: high
Rental vacancy rate
3.8%
CMHC reports this figure for the census metropolitan area, which is wider than the city this market is defined by. Population here is city-level; rent and vacancy are metro-level. CMHC reliability code "b".
Source: Canada Mortgage and Housing Corporation
Confidence: high
Population trend
+21.8% 2013–2022 · CalculatedSource: Table 17-10-0142-01 — Population estimates, July 1, by census subdivision (vector 1138983025) · published 2023-01-11
What drives this market?
These weightings are an interpretation of the local economy, not a measurement. They are shown to explain what appears to support rental demand here — treat them differently from the sourced statistics above.
- Government24% of local drivers
Provincial capital: the Government of Alberta, the legislature and the courts concentrate public administration here rather than in Calgary.
- Oil & Gas22% of local drivers
Refining and upgrading in Alberta's Industrial Heartland north-east of the city, and the supply and staging base for the oil sands further north.
- Health Care18% of local drivers
The University of Alberta Hospital and the Stollery are the tertiary referral centres for northern Alberta and much of the territories.
- Education14% of local drivers
The University of Alberta, NAIT and MacEwan University.
- Construction10% of local drivers
Residential and industrial construction tied to population growth and to petrochemical investment.
- Transportation8% of local drivers
A northern distribution hub, with rail and road links serving the territories.
- Manufacturing4% of local drivers
Petrochemical and fabrication work associated with the Industrial Heartland.
Rental market
Average rent
$1,603
CMHC reports this figure for the census metropolitan area, which is wider than the city this market is defined by. Population here is city-level; rent and vacancy are metro-level. CMHC reliability code "a".
Vacancy rate
3.8%
CMHC reports this figure for the census metropolitan area, which is wider than the city this market is defined by. Population here is city-level; rent and vacancy are metro-level. CMHC reliability code "b".
All data for this market
| Metric | Period | Value | Type | Confidence | Source |
|---|---|---|---|---|---|
| average rent | — | $1,603 | observed | high | Canada Mortgage and Housing Corporation |
| population | 2022 | 1,087,172 | observed | high | Statistics Canada |
| population | 2021 | 1,056,959 | observed | high | Statistics Canada |
| population | 2020 | 1,047,382 | observed | high | Statistics Canada |
| population | 2019 | 1,026,733 | observed | high | Statistics Canada |
| population | 2018 | 1,003,308 | observed | high | Statistics Canada |
| population | 2017 | 983,091 | observed | high | Statistics Canada |
| population | 2016 | 964,334 | observed | high | Statistics Canada |
| population | 2015 | 944,268 | observed | high | Statistics Canada |
| population | 2014 | 923,355 | observed | high | Statistics Canada |
| population | 2013 | 892,692 | observed | high | Statistics Canada |
| rent change pct | — | 3.5% | observed | high | Canada Mortgage and Housing Corporation |
| unemployment rate | 2024 | 7.4% | observed | high | Statistics Canada |
| unemployment rate | 2023 | 6.1% | observed | high | Statistics Canada |
| unemployment rate | 2022 | 5.9% | observed | high | Statistics Canada |
| unemployment rate | 2021 | 8.7% | observed | high | Statistics Canada |
| unemployment rate | 2020 | 11.8% | observed | high | Statistics Canada |
| unemployment rate | 2019 | 7.3% | observed | high | Statistics Canada |
| unemployment rate | 2018 | 6.5% | observed | high | Statistics Canada |
| unemployment rate | 2017 | 8.3% | observed | high | Statistics Canada |
| vacancy rate | — | 3.8% | observed | high | Canada Mortgage and Housing Corporation |
Rows showing Data unavailable are recorded deliberately, with the reason, rather than omitted — so you can tell the difference between a figure that is zero and one we simply do not have.