The average rent for a 1-bedroom in Edmonton is approximately $1,400/month in 2026, making it one of the most affordable major cities in Canada. Combined with Alberta’s tax advantages, your dollar goes further here.
Average Rent by Unit Type
| Unit Type | Average Rent | vs. National Average |
|---|---|---|
| Studio | $1,100 | -21% |
| 1-Bedroom | $1,400 | -22% |
| 2-Bedroom | $1,700 | -23% |
| 3-Bedroom | $2,100 | -19% |
Rent by Neighbourhood
| Neighbourhood | 1-BR Avg | 2-BR Avg | Notes |
|---|---|---|---|
| Downtown | $1,500 | $1,900 | Urban, LRT access |
| Oliver/Grandin | $1,400 | $1,800 | Central, walkable |
| Whyte Ave/Strathcona | $1,400 | $1,750 | U of A area, nightlife |
| Bonnie Doon | $1,200 | $1,500 | Affordable, central |
| Mill Woods | $1,200 | $1,500 | Family-friendly |
| West Edmonton | $1,350 | $1,700 | Near West Ed Mall |
| Southside | $1,300 | $1,650 | Good transit |
| St. Albert (suburb) | $1,350 | $1,700 | Safe, family-oriented |
| Sherwood Park (suburb) | $1,300 | $1,650 | Strathcona County |
Income Needed
| Unit Type | Monthly Rent | Gross Income Needed |
|---|---|---|
| Studio | $1,100 | $44,000/year |
| 1-Bedroom | $1,400 | $56,000/year |
| 2-Bedroom | $1,700 | $68,000/year |
| 2-BR (shared) | $850/person | $34,000/year each |
Edmonton vs. Other Cities
| City | 1-BR Avg | vs. Edmonton |
|---|---|---|
| Vancouver | $2,600 | +86% |
| Toronto | $2,400 | +71% |
| Calgary | $1,700 | +21% |
| Edmonton | $1,400 | — |
| Winnipeg | $1,300 | -7% |
| Quebec City | $1,200 | -14% |
Bottom Line
Edmonton is one of Canada’s best values — $1,400/month for a 1-bedroom, plus Alberta’s no-PST advantage. You need only about $56K income to afford a 1-bedroom comfortably, compared to $96K+ in Toronto. For those prioritizing affordability while keeping big-city amenities, Edmonton is hard to beat.
See our average rent in Canada or cost of living Edmonton for more details.
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