Neighborhood GuideUpdated October 2025
South MillwoodsRent Prices & Trends
Comprehensive rental market data and pricing trends for South Millwoods, Edmonton
Calculate Your Fair Rent
Use our ML-powered calculator to see if you're paying fair market rent in South Millwoods
Calculate Fair RentAverage Rent
$1,824
per month
↑8.9%vs last year
Vacancy Rate
5.8%
Balanced
Average Rent by Bedrooms
1 BR$1,473/mo
2 BR$1,737/mo
3 BR$2,118/mo
Average Rent by Property Type
House$2,465/mo
Duplex$2,137/mo
Townhouse$2,111/mo
Condo Unit$1,761/mo
Main Floor$1,650/mo
Basement$972/mo
Historical Rent Trends
| Year | Avg Rent | YoY Change | Vacancy |
|---|---|---|---|
| 2010 | $1,188 | — | 3.3% |
| 2011 | $1,179 | -0.8% | 2.9% |
| 2012 | $1,201 | +1.9% | 0.5% |
| 2013 | $1,241 | +3.3% | 1.9% |
| 2014 | $1,445 | +16.4% | 0.3% |
| 2015 | $1,505 | +4.2% | 1.6% |
| 2016 | $1,362 | -9.5% | 6.8% |
| 2017 | $1,369 | +0.5% | 4.4% |
| 2018 | $1,398 | +2.1% | 6.9% |
| 2019 | $1,474 | +5.4% | 3.1% |
| 2020 | $1,430 | -3.0% | 5.1% |
| 2021 | $1,420 | -0.7% | 11.9% |
| 2022 | $1,508 | +6.2% | 2.8% |
| 2023 | $1,675 | +11.1% | 0.5% |
| 2024 | $1,824 | +8.9% | 5.8% |