Neighborhood GuideUpdated October 2025
North MillwoodsRent Prices & Trends
Comprehensive rental market data and pricing trends for North Millwoods, Edmonton
Calculate Your Fair Rent
Use our ML-powered calculator to see if you're paying fair market rent in North Millwoods
Calculate Fair RentAverage Rent
$1,580
per month
↓0.5%vs last year
Vacancy Rate
1.3%
Very Tight
Average Rent by Bedrooms
1 BR$1,353/mo
2 BR$1,602/mo
3 BR$1,739/mo
Average Rent by Property Type
House$2,153/mo
Duplex$1,761/mo
Townhouse$1,748/mo
Main Floor$1,525/mo
Condo Unit$1,488/mo
Basement$889/mo
Historical Rent Trends
| Year | Avg Rent | YoY Change | Vacancy |
|---|---|---|---|
| 2010 | $1,271 | — | 2.6% |
| 2011 | $1,214 | -4.5% | 1.0% |
| 2012 | $1,261 | +3.9% | 1.1% |
| 2013 | $1,388 | +10.1% | 0.6% |
| 2014 | $1,450 | +4.5% | 1.0% |
| 2015 | $1,463 | +0.9% | 1.9% |
| 2016 | $1,478 | +1.0% | 5.4% |
| 2017 | $1,422 | -3.8% | 3.7% |
| 2018 | $1,470 | +3.4% | 4.1% |
| 2019 | $1,530 | +4.1% | 9.1% |
| 2020 | $1,443 | -5.7% | 8.2% |
| 2021 | $1,456 | +0.9% | 2.4% |
| 2022 | $1,506 | +3.4% | 0.2% |
| 2023 | $1,588 | +5.4% | 3.0% |
| 2024 | $1,580 | -0.5% | 1.3% |