Year: 2026 2025 2024
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Edmonton, Canada

Property prices · 2025 · Americas · Price +3.5% vs 2024

Price/sqm — City Centre CAD 3,933
Price/sqm — Outside Centre CAD 2,588
1-Bed Rent / Month CAD 1,449
3-Bed Rent / Month CAD 2,380
Avg Mortgage Rate 5.30%
Price-to-Rent Ratio 13.0x Buying may offer better long-term value

Property price trend in Edmonton (2024–2026)

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Property comparison — cities in Canada (2025)

City Centre /sqm Outside /sqm 1-Bed Rent vs Edmonton
Edmonton CAD 3,933 CAD 2,588 CAD 1,449
Vancouver CAD 15,080 CAD 9,880 CAD 2,912 +283.4%
Toronto CAD 13,000 CAD 8,528 CAD 2,600 +230.5%
Montreal CAD 7,072 CAD 4,680 CAD 1,872 +79.8%
Ottawa CAD 6,003 CAD 3,933 CAD 1,863 +52.6%
Calgary CAD 5,382 CAD 3,519 CAD 1,966 +36.8%
Quebec City CAD 3,622 CAD 2,380 CAD 1,138 -7.9%

Other Americas cities (2025)

Frequently asked questions

How much does property cost in Edmonton in 2025?

In Edmonton, the average price per sqm in the city centre is CAD 3,933, and CAD 2,588 outside the centre (2025 data). Prices have risen 6.3% since 2024.

How much is rent in Edmonton in 2025?

A 1-bedroom apartment in Edmonton rents for approximately CAD 1,449 per month in 2025. A 3-bedroom apartment costs around CAD 2,380/month.

Is it better to buy or rent in Edmonton?

Buying may offer better long-term value in Edmonton. The price-to-rent ratio is 13.0x — it would take approximately 13.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 5.30%.

What are mortgage rates in Canada in 2025?

The average mortgage rate in Canada is approximately 5.30% as of 2025. With a price-to-rent ratio of 13.0x, buyers should carefully weigh mortgage costs against rental savings.

How have property prices in Edmonton changed?

Property prices in Edmonton have changed +3.5% vs 2024. Since 2024, prices have increased by 6.3%. Use the year tabs above to compare prices across years.

What is the price per sqm in Edmonton?

The average property price per square metre in Edmonton city centre is CAD 3,933 in 2025. Outside the centre, expect to pay around CAD 2,588/sqm.

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