Figure N.3.a
Average Rental Cost & Vacancy Rate Comparative
Alberta Large to Mid-Sized Cities
City Average Monthly Rent 2015 Vacancy Rate 2015 Average Monthly Rent 2014 Vacancy Rate 2014
Medicine Hat $795 4.6% $761 4.1%
Lethbridge $871 6.1% $847 4.8%
Red Deer $967 5.4% $906 2.2%
Grande Prairie $1,120 10.4% $1,094 1.2%
Edmonton $1,137 4.2% $1,103 1.7%
Calgary $1,212 5.3% $1,213 1.4%
Fort McMurray $1,761 29.4% $2,013 11.8%