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CMHC — Edmonton average rent (2-bedroom) trend

Original source: https://www03.cmhc-schl.gc.ca/hmip-pimh/en/TableMapChart/Table?TableId=2.2.11&GeographyId=48&GeographyTypeId=2&DisplayAs=Table Rental Market reports: https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/market-reports/rental-market-reports-major-centres Retrieved: 2026-07-04

  • Average Edmonton 2-bedroom purpose-built apartment rent: ~$1,304/month (2022, via Edmonton's Vital Signs 2023).
  • 2024: average 2-bedroom rent up 5.5% year over year (CMHC fixed-sample), reaching roughly $1,481 (CMHC forecast/report); 2025 ~$1,529, 2026 ~$1,554 projected.
  • CMHC notes only 1–2% of rental units affordable to lower-income households were vacant; vacancies for units affordable below the 60th income percentile "remained extremely limited" — i.e. the affordable end of the market is effectively full even as headline growth slows.

Reading: nominal rents climbed through the Janz/Knack tenure while the affordable stock stayed inaccessible. Rent for the two-bedroom rose ~14% from 2022 to 2024 alone; the low-income vacancy squeeze is the part that actually bites.