Neighborhood GuideUpdated October 2025
Central MillwoodsRent Prices & Trends
Comprehensive rental market data and pricing trends for Central Millwoods, Edmonton
Calculate Your Fair Rent
Use our ML-powered calculator to see if you're paying fair market rent in Central Millwoods
Calculate Fair RentAverage Rent
$1,623
per month
↑9.6%vs last year
Vacancy Rate
0.7%
Very Tight
Average Rent by Bedrooms
1 BR$1,333/mo
2 BR$1,645/mo
3 BR$1,785/mo
Average Rent by Property Type
House$2,120/mo
Duplex$1,768/mo
Townhouse$1,743/mo
Main Floor$1,636/mo
Condo Unit$1,506/mo
Basement$934/mo
Historical Rent Trends
| Year | Avg Rent | YoY Change | Vacancy |
|---|---|---|---|
| 2010 | $1,101 | — | 2.6% |
| 2011 | $1,119 | +1.6% | 2.6% |
| 2012 | $1,127 | +0.7% | 0.6% |
| 2013 | $1,323 | +17.4% | 0.4% |
| 2014 | $1,305 | -1.4% | 0.6% |
| 2015 | $1,348 | +3.3% | 6.5% |
| 2016 | $1,341 | -0.5% | 5.5% |
| 2017 | $1,262 | -5.9% | 4.0% |
| 2018 | $1,354 | +7.3% | 1.8% |
| 2019 | $1,336 | -1.3% | 3.0% |
| 2020 | $1,394 | +4.3% | 5.1% |
| 2021 | $1,335 | -4.2% | 2.8% |
| 2022 | $1,345 | +0.7% | 1.4% |
| 2023 | $1,481 | +10.1% | 0.8% |
| 2024 | $1,623 | +9.6% | 0.7% |