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Rental Market Trends in Wood Buffalo, AB

What is the average rent in Wood Buffalo, AB?

$1,414/month

Average Rent

466 Sq Ft

Average Apartment Size

-0.4%

Decrease in the Last Year

As of May 2026, the average rent in Wood Buffalo, AB was $1,414/month. When you rent an apartment in Wood Buffalo, you can expect to pay as little as $1,084 to as much as , depending on the location and size of the apartment.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,084/month
405 Sq Ft
One Bedroom
$1,414/month
466 Sq Ft
Two Bedroom
$1,599/month
917 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Wood Buffalo, AB?

In the past year, rent has decreased by 0.4%, which averages out to $4 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Wood Buffalo, AB
Last Updated May 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Wood Buffalo, AB
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
20% $1,001 - $1,500/month
80% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Wood Buffalo, AB?

Because the average rent in Wood Buffalo is $1,414, you’ll want to make about $4,713 per month or $56,556 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

Wood Buffalo, AB

60 Available Apartments for Rent

Search for Nearby Apartments

How does Wood Buffalo, AB compare to other nearby cities and neighbourhoods?

Use the tool below to compare Wood Buffalo, 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 Wood Buffalo we think you'll love

Chanteclair Apartments

Chanteclair Apartments

270 Tundra Dr,
Fort McMurray, AB T9H 4X1

$1,409

1-3 Beds

Hearthstone Manor

Hearthstone Manor

81 Fraser Av,
Fort Mcmurray, AB T9H 3W7

$1,200 - $1,600

1-3 Beds

River Ridge Estates

River Ridge Estates

8535 Clearwater Dr,
Fort McMurray, AB T9H 0B7

$1,800 - $2,050

2 Beds

Riverside

Riverside

10414 Main St,
Wood Buffalo, AB T9H 4W4

$1,095 - $1,435

1-2 Beds

Canada Alberta Wood Buffalo 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