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Rental Market Trends in Grande Prairie, AB

Updated July 2026

The average rent in Grande Prairie, AB is $1,314/month.

$1,314/month

Average Rent

609 Sq Ft

Average Size

+1.7%

Change / Year

96

Available Apartments

Grande Prairie rent varies by unit size and layout:

  • Studio apartments in Grande Prairie average $1,236 per month.
  • One-bedroom apartments in Grande Prairie average $1,314 per month.
  • Two-bedroom apartments in Grande Prairie average $1,527 per month.
  • Three-bedroom apartments in Grande Prairie average $1,670 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,236/month
331 Sq Ft
One Bedroom
$1,314/month
609 Sq Ft
Two Bedroom
$1,527/month
898 Sq Ft
Three Bedroom
$1,670/month
990 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,255/month
0 Sq Ft
Two Bedroom
$1,766/month
148 Sq Ft
Three Bedroom
$2,352/month
533 Sq Ft
Four Bedroom
$3,271/month
981 Sq Ft
View Grande Prairie Apartments

How much has average rent changed in Grande Prairie, AB?

In the past year, rent has increased by 1.7%, which averages out to $23 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Grande Prairie, AB

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Grande Prairie, AB
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
59% $1,001 - $1,500/month
41% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Grande Prairie, AB?

Because the average rent in Grande Prairie is $1,314, you’ll want to make about $4,380 per month or $52,560 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

Grande Prairie, AB

96 Available Apartments for Rent

Search for Nearby Apartments

How does Grande Prairie, AB compare to other nearby cities and neighbourhoods?

Use the tool below to compare Grande Prairie, 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 Grande Prairie Area Guide

Apartment Averages

Apartment Communities in Grande Prairie We Think You'll Love

Village Green Apartments

Village Green Apartments

7301-7401 Poplar Dr,
Grande Prairie, AB T8V 5M7

1-2 Beds | $1,150 - $1,395

Emerald Manor

Emerald Manor

10501 111th St,
Grande Prairie, AB T8V 8G4

2 Beds | $1,545 - $1,630

10150-10150 121 Ave

10150-10150 121 Ave

10150-10150 121 Ave,
Grande Prairie, AB T8V 8H2

4 Beds | $3,450

10609 102 St

10609 102 St

10609 102 St,
Grande Prairie, AB T8V 2W8

2 Beds | $2,000

Frequently Asked Questions

What is the average rent in Grande Prairie?

The average rent in Grande Prairie is $1,314 per month, which is 25.5% lower than the national average of $1,763.

What is the average rent for a house in Grande Prairie?

The average rent for a house in Grande Prairie, AB is $2,352 per month.

Are rents going up or down in Grande Prairie?

Rents in Grande Prairie, AB are increasing, with prices up 1.7% year-over-year and $23 more per month.

What rent range is most common in Grande Prairie?

In Grande Prairie, AB, 59% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

Canada Alberta Grande Prairie 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