The rental market in Edmonton certainly cooled off this summer, but if you zoom out, you’ll see that rent prices have increased quite a bit over the past couple of years.

Rentals.ca just released its August 2025 Rent Report, which compares rental costs across 60 cities in Canada.

According to the data, Edmonton ranks as the 52nd most expensive city in the country. The average rent for a one-bedroom apartment dropped 3.8 per cent year-over-year to $1,369, while two-bedroom apartments now average $1,745, a one per cent decrease from August 2024.

Over the longer term, however, Edmonton has seen some of the strongest rent growth in Canada. Since 2022, average prices have climbed 27 per cent, second only to Ottawa. In contrast, cities like Calgary and Toronto saw declines over the same two-y

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