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Highest Rent in Alberta

Top 100 cities ranked by highest rent

Highest Rent — Alberta

1 Canmore $1,760
2 Chestermere $1,740
3 Strathcona $1,580
4 Beaumont $1,560
5 Blackfalds $1,550
6 Wood Buffalo $1,530
8 Okotoks $1,520
9 Airdrie $1,500
10 Cochrane $1,500
11 Banff $1,500
13 St. Albert $1,490
14 Slave Lake $1,430
15 Morinville $1,410
16 Leduc $1,410
17 Grande Prairie $1,400
18 Spruce Grove $1,400
19 Fort Saskatchewan $1,380
20 Sylvan Lake $1,360
21 Calgary $1,350
22 Foothills County $1,350
23 Devon $1,350
24 Strathmore $1,350
25 Parkland $1,310
26 Didsbury $1,290
27 High River $1,280
28 Coaldale $1,270
29 Stony Plain $1,260
30 Edmonton $1,250
31 Sturgeon County $1,240
33 Olds $1,210
34 Lacombe $1,210
35 Wheatland County $1,200
36 Whitecourt $1,190
37 Lac La Biche $1,180
38 Hinton $1,170
39 Red Deer $1,160
40 Bonnyville $1,160
41 Redcliff $1,150
42 Beaver County $1,150
43 Lethbridge $1,130
44 Edson $1,120
45 Innisfail $1,100
46 Athabasca $1,100
47 Peace River $1,100
48 Wainwright $1,100
49 Mackenzie County $1,100
50 St. Paul $1,100
51 Baturyn $1,091
52 Belvedere $1,091
53 Silverado $1,091
54 Scenic Acres $1,091
55 Harvest Hills $1,091
56 Willow Park $1,091
57 Walden $1,091
58 South Terwillegar $1,091
59 Ranchlands $1,091
60 Canyon Meadows $1,091
61 La Perle $1,091
62 Brentwood $1,091
63 Queen Mary Park $1,091
64 Bankview $1,091
65 Hamptons $1,091
66 Altadore $1,091
67 Grand Centre $1,091
68 Glenbrook $1,091
69 Forest Lawn $1,091
70 Cougar Ridge $1,091
71 Tuxedo Park $1,091
72 Kincora $1,091
73 Haysboro $1,091
74 Empire Park $1,091
75 Brintnell $1,091
76 Boyle Street $1,091
77 Allard $1,091
78 Hollick-Kenyon $1,091
79 Applewood Park $1,091
80 Erin Woods $1,091
81 Belmont $1,091
83 Millrise $1,091
84 Kiniski Gardens $1,091
85 West Hillhurst $1,091
86 Terwillegar Towne $1,091
87 Richmond $1,091
88 Mayland Heights $1,091
89 Crescent Heights $1,091
90 Ambleside $1,091
91 MacEwan $1,091
92 Castleridge $1,091
93 Southwood $1,091
94 Glastonbury $1,091
95 Forest Heights $1,091
96 Cedarbrae $1,091
97 Ottewell $1,091
98 Evansdale $1,091
99 Kilkenny $1,091
100 Oakridge $1,091

Cities with the highest rents in Alberta reflect tight housing markets where demand significantly exceeds supply. Canmore leads with a median rent of $1,760 per month.

High rents are typically found in cities with strong economies, large populations of young professionals, and limited housing supply. These markets often have low vacancy rates and competitive rental processes.

The rent burden in these cities can be significant, with many residents spending more than 30% of their income on housing. This has fueled discussions about rent control, affordable housing development, and tenant protections in many of these communities.

Did You Know?

  • 1. Renters in Canmore pay $1,760/month — that's $21,120 per year on housing alone.
  • 2. The general rule of thumb is that rent should not exceed 30% of gross income — in many of these cities, average earners exceed that threshold.
  • 3. High-rent cities often have rental vacancy rates below 5%, creating intense competition for available units.

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