Neighborhood GuideUpdated October 2025
DevonRent Prices & Trends
Comprehensive rental market data and pricing trends for Devon, Edmonton
Calculate Your Fair Rent
Use our ML-powered calculator to see if you're paying fair market rent in Devon
Calculate Fair RentAverage Rent
$1,758
per month
↑7.9%vs last year
Vacancy Rate
3.5%
Competitive
Average Rent by Bedrooms
1 BR$1,353/mo
2 BR$1,707/mo
3 BR$2,081/mo
Average Rent by Property Type
House$2,311/mo
Townhouse$1,914/mo
Duplex$1,873/mo
Condo Unit$1,685/mo
Main Floor$1,660/mo
Basement$995/mo
Historical Rent Trends
| Year | Avg Rent | YoY Change | Vacancy |
|---|---|---|---|
| 2010 | $1,062 | — | 1.7% |
| 2011 | $1,106 | +4.1% | 2.8% |
| 2012 | $1,160 | +4.9% | 1.1% |
| 2013 | $1,183 | +2.0% | 1.2% |
| 2014 | $1,201 | +1.5% | 0.6% |
| 2015 | $1,265 | +5.3% | 1.8% |
| 2016 | $1,265 | — | 11.1% |
| 2017 | $1,220 | -3.6% | 10.3% |
| 2018 | $1,219 | -0.1% | 5.2% |
| 2019 | $1,236 | +1.4% | 3.2% |
| 2020 | $1,336 | +8.1% | 7.3% |
| 2021 | $1,279 | -4.3% | 2.2% |
| 2022 | $1,338 | +4.6% | 5.1% |
| 2023 | $1,629 | +21.7% | 1.5% |
| 2024 | $1,758 | +7.9% | 3.5% |