Edmonton's Monthly Rental Market Report #yegre #yegrealestate #yegbiz

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

LocationJuly 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

LocationTop Searches Performed
Edmonton - Central84,679
Apartment/Apartment Style Condo91,933
Edmonton - South West61,741
Edmonton - North West47,284
Edmonton - South East47,025
Edmonton - North East38,041
Edmonton - West35,168
Two Bedrooms37,526
Rent: $900-$119931,810
Rent: $700-$89931,607

View the full report here for all searches made by renters that were looking for a home in the previous month.



Ryan Gillen



No comments

Post Your Comment:

Your email will not be published
Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.