The Leston Affordable
10318 116 St,
Edmonton, AB T5K 0T1
1 Bed | $1,465 - $1,685
Rental Market Trends in Edmonton, AB
Updated September 2026
The average rent in Edmonton, AB is $1,355/month.
$1,355/month
Average Rent
586 Sq Ft
Average Size
-0.5%
Change / Year
4,133
Available Apartments
Edmonton rent varies by unit size and layout:
- Studio apartments in Edmonton average $1,146 per month.
- One-bedroom apartments in Edmonton average $1,355 per month.
- Two-bedroom apartments in Edmonton average $1,633 per month.
- Three-bedroom apartments in Edmonton average $1,904 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Edmonton, AB?
In the past year, rent has decreased by 0.5%, which averages out to $7 less per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Edmonton, AB
September 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
4%
$700 - $1,000/month
62%
$1,001 - $1,500/month
32%
$1,501 - $2,000/month
2%
Above $2,000/month
Rent by Neighbourhood
What are the most affordable neighbourhoods in Edmonton?
Based on current rent prices, Stillwater, The Uplands and Eastwood are the most affordable neighbourhoods in Edmonton.
Neighbourhood
Average Rent
Average Sq Ft
What are the most expensive neighbourhoods in Edmonton?
Based on current rent prices, Blue Quill, Keheewin and Ermineskin are the most expensive neighbourhoods in Edmonton.
Neighbourhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Edmonton, AB?
Because the average rent in Edmonton is $1,355, you’ll want to make about $4,516 per month or $54,192 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Edmonton, AB compare to other nearby cities and neighbourhoods?
Use the tool below to compare Edmonton, AB to other nearby cities and neighbourhoods. The Apartments.com neighbourhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Edmonton Area GuideStudio
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One Bedroom
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Two Bedroom
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Three Bedroom
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Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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St. Albert
Avg Rent: $1,357/month
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Sherwood Park
Avg Rent: $1,669/month
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Beaumont
Avg Rent: $1,422/month
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Spruce Grove
Avg Rent: $1,422/month
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Fort Saskatchewan
Avg Rent: $1,412/month
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Leduc
Avg Rent: $1,325/month
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Stony Plain
Avg Rent: $1,558/month
Apartment Communities in Edmonton We Think You'll Love
Frequently Asked Questions
What is the average rent in Edmonton?
The average rent in Edmonton is $1,355 per month, which is 22.6% lower than the national average of $1,751.
What is the average rent for a house in Edmonton?
The average rent for a house in Edmonton, AB is $2,125 per month.
What is the average rent for a townhome in Edmonton?
The average rent for a townhome in Edmonton, AB is $1,874 per month.
What is the average rent for a condo in Edmonton?
The average rent for a condo in Edmonton, AB is $1,172 per month.
Are rents going up or down in Edmonton?
Rents in Edmonton, AB are decreasing, with prices down 0.5% year-over-year and $7 less per month.
What rent range is most common in Edmonton?
In Edmonton, AB, 62% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.