Average Rent in Edmonton 2026 (By Neighbourhood & Unit Type)
By Wealthvieu · Updated
The average rent for a 1-bedroom in Edmonton is approximately $1,400/month in 2026, making it one of the most affordable major cities in Canada. Combined with Alberta’s tax advantages, your dollar goes further here.
Average Rent by Unit Type
Unit Type
Average Rent
vs. National Average
Studio
$1,100
-21%
1-Bedroom
$1,400
-22%
2-Bedroom
$1,700
-23%
3-Bedroom
$2,100
-19%
Rent by Neighbourhood
Neighbourhood
1-BR Avg
2-BR Avg
Notes
Downtown
$1,500
$1,900
Urban, LRT access
Oliver/Grandin
$1,400
$1,800
Central, walkable
Whyte Ave/Strathcona
$1,400
$1,750
U of A area, nightlife
Bonnie Doon
$1,200
$1,500
Affordable, central
Mill Woods
$1,200
$1,500
Family-friendly
West Edmonton
$1,350
$1,700
Near West Ed Mall
Southside
$1,300
$1,650
Good transit
St. Albert (suburb)
$1,350
$1,700
Safe, family-oriented
Sherwood Park (suburb)
$1,300
$1,650
Strathcona County
Income Needed
Unit Type
Monthly Rent
Gross Income Needed
Studio
$1,100
$44,000/year
1-Bedroom
$1,400
$56,000/year
2-Bedroom
$1,700
$68,000/year
2-BR (shared)
$850/person
$34,000/year each
Edmonton vs. Other Cities
City
1-BR Avg
vs. Edmonton
Vancouver
$2,600
+86%
Toronto
$2,400
+71%
Calgary
$1,700
+21%
Edmonton
$1,400
—
Winnipeg
$1,300
-7%
Quebec City
$1,200
-14%
Bottom Line
Edmonton is one of Canada’s best values — $1,400/month for a 1-bedroom, plus Alberta’s no-PST advantage. You need only about $56K income to afford a 1-bedroom comfortably, compared to $96K+ in Toronto. For those prioritizing affordability while keeping big-city amenities, Edmonton is hard to beat.