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Alberta Rental Market Data 2025–2026 | Average Rent & Vacancy Rates

Updated

Alberta rental market data

Alberta offers some of the most affordable rents among Canada’s larger provinces, with no rent control and a strong supply response that keeps the market relatively balanced. Calgary and Edmonton are the two major CMAs.

Both cities maintained stable vacancy rates in 2025 — Calgary at 3.3% and Edmonton at 3.4% — even as rent growth slowed. CMHC noted that Edmonton landlords in particular used incentives to absorb excess supply.

Data source: CMHC Rental Market Survey (October 2025), published December 2025. This is the most recent CMHC rental data available — the survey is conducted once per year every October. Next update expected December 2026.

Average rent by city (Alberta)

City 2BR Purpose-Built 2BR Asking Rent Vacancy Rate
Calgary ~$1,750 ~$2,000 3.3%
Edmonton ~$1,500 ~$1,700 3.4%

Alberta asking rents average approximately $1,450 for a 1-bedroom and $1,800 for a 2-bedroom across the province.

Alberta rent rules

Alberta has a free-market rental approach:

  • No rent control — Landlords can raise rent by any amount
  • 3 months notice required for periodic tenancies
  • Once per 12 months — Rent can only be increased annually
  • Market-responsive — Rents adjust freely to supply and demand
  • No above-guideline applications needed since there is no guideline

The absence of rent control, combined with abundant and affordable land, encourages developers to build new rental supply in response to demand — which is why Alberta vacancy rates tend to be higher and more stable than in rent-controlled provinces.

Calgary & Edmonton Vacancy Rates (2015–2025)

Both cities experienced high vacancy during the 2016–2017 oil downturn, tightened during the 2022–2023 migration boom, and stabilized at healthy levels in 2024–2025.

Key market drivers

Interprovincial migration: Alberta has been Canada’s top destination for interprovincial migration, with residents moving from Ontario and BC for lower housing costs and no provincial sales tax.

No rent control effect: Without rent caps, developers are more willing to build purpose-built rental, resulting in stronger supply responses.

Energy sector: Oil and gas employment cycles continue to influence Alberta’s economy, though diversification into tech and logistics has reduced volatility.

Above-trend construction: CMHC noted Edmonton had rental completions “well above historical trends.” Calgary’s construction pipeline is also robust.

Alberta city rental market pages


Sources

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