Edmonton's Monthly Rental Market Report
Edmonton, August 7, 2012: It's mid-summer and the back-to-school rental market is strong. Edmonton experiencde solid average increases in many areas through July with minimal decreases in only a couple regions.
Average rent in Edmonton through July was $1159. That is up approximately fifty dollars as compared to the spring time average.
Central and South West Edmonton dominated with over 40% of the rental searches being done in those two regions. Apartment searches had a commanding lead over House searches in July, with a difference of 14% between the two.
Average Rental Price for Edmonton & Area: $1107
| Location | July 2012 (Change from previous month) | June 2012 |
| Edmonton - North West | $1091 (+3.8%) | $1051 |
| Edmonton - North East | $1140 (+0.3%) | $1137 |
| Edmonton - West | $1205 (-0.5%) | $1211 |
| Edmonton - Central | $1077 (+4%) | $1036 |
| Edmonton - South East | $1327 (+4.7%) | $1267 |
| Millwoods | $1067 (+1.6%) | $1050 |
To view the complete Rental Statistics report, please click here. This report includes detailed statistics for your property type, location, size, and number of bedrooms.
Top Searches Performed by Renters
| Location | Top Searches Performed |
| Edmonton - Central | 84,679 |
| Apartment/Apartment Style Condo | 91,933 |
| House | 65,450 |
| Edmonton - South West | 61,741 |
| Yes-Pets | 54,165 |
| Edmonton - North West | 47,284 |
| Edmonton - South East | 47,025 |
| Edmonton - North East | 38,041 |
| Edmonton - West | 35,168 |
| Two Bedrooms | 37,526 |
| Rent: $900-$1199 | 31,810 |
| Rent: $700-$899 | 31,607 |
View the full report here for all searches made by renters that were looking for a home in the previous month.
*via www.rentersonline.com
Thanks,
Ryan Gillen
www.ryangillen.com
7807008355
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