Year: 2026 2025 2024
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Edmonton, Canada

Property prices · 2026 · Americas · Price +2.7% vs 2025

Price/sqm — City Centre CAD 4,039
Price/sqm — Outside Centre CAD 2,658
1-Bed Rent / Month CAD 1,488
3-Bed Rent / Month CAD 2,445
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 (2026)

City Centre /sqm Outside /sqm 1-Bed Rent vs Edmonton
Edmonton CAD 4,039 CAD 2,658 CAD 1,488
Vancouver CAD 15,515 CAD 10,165 CAD 2,996 +284.1%
Toronto CAD 13,375 CAD 8,774 CAD 2,675 +231.1%
Montreal CAD 7,276 CAD 4,815 CAD 1,926 +80.1%
Ottawa CAD 6,165 CAD 4,039 CAD 1,913 +52.6%
Calgary CAD 5,528 CAD 3,614 CAD 2,020 +36.9%
Quebec City CAD 3,720 CAD 2,445 CAD 1,169 -7.9%

Other Americas cities (2026)

Frequently asked questions

How much does property cost in Edmonton in 2026?

In Edmonton, the average price per sqm in the city centre is CAD 4,039, and CAD 2,658 outside the centre (2026 data). Prices have risen 6.3% since 2024.

How much is rent in Edmonton in 2026?

A 1-bedroom apartment in Edmonton rents for approximately CAD 1,488 per month in 2026. A 3-bedroom apartment costs around CAD 2,445/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 2026?

The average mortgage rate in Canada is approximately 5.30% as of 2026. 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 +2.7% vs 2025. 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 4,039 in 2026. Outside the centre, expect to pay around CAD 2,658/sqm.

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