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Rental Market Trends in Fort McMurray, AB

Updated August 2026

The average rent in Fort McMurray, AB is $1,296/month.

$1,296/month

Average Rent

437 Sq Ft

Average Size

-1.2%

Change / Year

38

Available Apartments

Fort McMurray rent varies by unit size and layout:

  • Studio apartments in Fort McMurray average $1,017 per month.
  • One-bedroom apartments in Fort McMurray average $1,296 per month.
  • Two-bedroom apartments in Fort McMurray average $1,634 per month.
  • Three-bedroom apartments in Fort McMurray average $1,820 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,017/month
139 Sq Ft
One Bedroom
$1,296/month
437 Sq Ft
Two Bedroom
$1,634/month
777 Sq Ft
Three Bedroom
$1,820/month
517 Sq Ft
View Fort McMurray Apartments

How much has average rent changed in Fort McMurray, AB?

In the past year, rent has decreased by 1.2%, which averages out to $15 less per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Fort McMurray, AB

August 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Fort McMurray, AB
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
54% $1,001 - $1,500/month
39% $1,501 - $2,000/month
7% Above $2,000/month

What salary do I need to live comfortably in Fort McMurray, AB?

Because the average rent in Fort McMurray is $1,296, you’ll want to make about $4,320 per month or $51,840 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.

City

Fort McMurray, AB

38 Available Apartments for Rent

Search for Nearby Apartments

How does Fort McMurray, AB compare to other nearby cities and neighbourhoods?

Use the tool below to compare Fort McMurray, 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.

Apartment Averages

Apartment Communities in Fort McMurray We Think You'll Love

Claire Manor

Claire Manor

421 Ross Haven Dr,
Fort McMurray, AB T9H 3P3

2 Beds | $1,000

Marsh Manor Apartments

Marsh Manor Apartments

450 Ross Haven Dr,
Fort McMurray, AB T9H 4K1

2-3 Beds | $1,250

Chanteclair Apartments

Chanteclair Apartments

270 Tundra Dr,
Fort Mcmurray, AB T9H 4X1

2 Beds | $1,509 - $1,559

The Valencia

The Valencia

82 Biggs Ave,
Fort McMurray, AB T9H 1M6

2 Beds | $1,539 - $1,669

Frequently Asked Questions

What is the average rent in Fort McMurray?

The average rent in Fort McMurray is $1,296 per month, which is 26.4% lower than the national average of $1,762.

Are rents going up or down in Fort McMurray?

Rents in Fort McMurray, AB are decreasing, with prices down 1.2% year-over-year and $15 less per month.

What rent range is most common in Fort McMurray?

In Fort McMurray, AB, 54% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

Canada Alberta Fort McMurray Rental Trends

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.

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Equal Housing Opportunity