What is Edmonton's current rental-vacancy rate and why does it matter to investors?
Quick Answer
Short answer: Vacancy sits at 2.3%—the tightest since 2014, supporting rent growth above inflation.
Detailed Explanation
CMHC's January 2025 Rental Market Survey pegs overall vacancy at 2.3% (down from 4.7% in 2022). Purpose-built two-bed apartments averaged $1,650, a 6.1% YoY rent hike.
- Southwest sub-market vacancy: 1.8%
- Average annual rent growth forecast 4% through 2026 (Altus)
- Cap rates for A-class purpose-built rentals: 5.0–5.4%
Disclaimer: This page is for general information only and does not constitute legal, financial, or real estate advice. Always verify details with a licensed Alberta REALTOR®, mortgage professional, or lawyer before making decisions. Buy in Edmonton assumes no liability for actions taken based on this content.
Tim Grover, RE/MAX Excellence • 780-288-5144 • 5607 199 Street NW, Edmonton, AB
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