{"id":62029,"date":"2024-12-09T12:24:58","date_gmt":"2024-12-09T20:24:58","guid":{"rendered":"https:\/\/liv.rent\/blog\/?p=62029"},"modified":"2024-12-09T12:25:05","modified_gmt":"2024-12-09T20:25:05","slug":"december-2024-calgary-edmonton-rent-report","status":"publish","type":"post","link":"https:\/\/liv.rent\/blog\/rent-reports\/december-2024-calgary-edmonton-rent-report\/","title":{"rendered":"December 2024 Calgary &amp; Edmonton Rent Report"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">At a glance<\/h3>\n\n\n\n<ul>\n<li><strong><strong>Calgary &amp; Edmonton experience broad price drops, with notable drops in key areas<\/strong><\/strong>\n<ul>\n<li>The majority of areas in both Calgary and Edmonton experienced price decreases this month, with notable drops in Calgary City Centre (-14.35%) and Downtown Edmonton (-8.99%) for a one-bedroom furnished unit. Only one-bedroom furnished units in Southeast Calgary (+0.81%) and one-bedroom unfurnished units in Northwest Edmonton (+2.03%) bucked the trend.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong><strong>Four-month decline: Calgary\u2019s average rent drops $143 since August<\/strong><\/strong>\n<ul>\n<li>In December, Calgary\u2019s average monthly rent for an unfurnished one-bedroom unit decreased by $48, bringing the city-wide rate to $1,613\/month. This marks a $143 drop since August 2024, when the average was $1,756\/month. Meanwhile, Edmonton\u2019s average rent has increased by $12 over the same time period.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong><strong>Notable declines: Calgary &amp; Edmonton furnished one-bedroom rents drop over 5%<\/strong><\/strong>\n<ul>\n<li>Calgary\u2019s average rent for one-bedroom furnished units dropped by (-5.19%), bringing the rate to $1,697\/month. Edmonton experienced an even steeper decrease, with prices falling (-6.28%) to an average of $1,497\/month.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<br>\n<style>\n.background-downloadable-report-ab-monthly-rent-report{\n  text-align: center;\n  color: #303030;\n  font-family: 'Inter', sans-serif;\n  font-size: 24px;\n}\n\n.cta-block-downloadable-report-ab-monthly-rent-report p{\n  font-family: 'Inter', sans-serif;\n  color: #303030; \n  font-weight: 400;\n  text-align: center; \n  font-size: 16px;\n}\n\n.cta-block-downloadable-report-ab-monthly-rent-report {\n  background-color: #F5F5F5;\n  border-radius: 16px;\n  padding: 30px;\n  text-align: center;\n  margin: 20px 0px;\n}\n.button-downloadable-report-ab-monthly-rent-report{\n  margin-top: 20px;\n  padding: 12px 16px;\n  background: #1D415E;\n  border: 0px solid white;\n  box-shadow: 0px 6px 8px -2px rgba(29, 66, 94, 0.4), 0px 12px 16px rgba(32, 121, 193, 0.15);\n  border-radius: 6px;\n  cursor: pointer;\n  \n  font-family: 'Inter';\n  font-style: normal;\n  font-weight: 600;\n  font-size: 14px;\n  line-height: 16px;\n  text-align: center;\n  color: #FFFFFF;\n\n}\n  \n<\/style>\n\n<div class=\"background-downloadable-report-ab-monthly-rent-report cta-block-downloadable-report-ab-monthly-rent-report\">\n<h3><strong>Download The Latest Calgary and Edmonton Rent Reports<\/strong><\/h3>\n\n<p>For the complete Calgary and Edmonton rent reports, download here.<\/p>\n\n<a href=\"https:\/\/landing.liv.rent\/rentreports\/\" target=\"_blank\" rel=\"noopener noreferrer\"><button id=\"downloadable-report-ab-monthly-rent-report\" class=\"button-downloadable-report-ab-monthly-rent-report\">Download Report<\/button><\/a>\n<\/div>\n\n\n\n<p>Average rent prices for unfurnished one-bedroom units have decreased in both Edmonton and Calgary The <a href=\"https:\/\/liv.rent\/blog\/landlords\/interest-rates-and-rental-properties\/\" target=\"_blank\" rel=\"noreferrer noopener\">Bank of Canada&#8217;s target overnight rate<\/a> was recently lowered to 3.75% during an announcement on October 23rd, which has been cause for cautious optimism throughout the remainder of 2024. We&#8217;ll continue to monitor trends in both of these cities to see where <a aria-label=\"Calgary and Edmonton (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/rent-reports\/alberta\/\" target=\"_blank\" rel=\"noreferrer noopener\">Calgary and Edmonton<\/a>&#8216;s rent prices stand heading into the fall renting season.<\/p>\n\n\n\n<p><strong><em>We\u2019ve published our 2024 Canada Rental Market Trend Report with an in-depth analysis of average rent prices, driving factors, and predictions for the year ahead. You can download your copy&nbsp;<a href=\"https:\/\/liv.rent\/blog\/rental-resources\/2024-canada-rental-market-trend-report\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/em><\/strong><\/p>\n\n\n\n<p>Let&#8217;s take a look now at the current rental costs and overarching trends in <a href=\"https:\/\/liv.rent\/rental-listings\/city\/calgary\/\" target=\"_blank\" rel=\"noreferrer noopener\">Calgary<\/a> and <a href=\"https:\/\/liv.rent\/rental-listings\/city\/edmonton\/\" target=\"_blank\" rel=\"noreferrer noopener\">Edmonton<\/a> for December 2024. Don&#8217;t forget, you can download the entire report as a one-page infographic PDF below.<\/p>\n\n\n\n<br><h2 id=\"average-rent-calgary\">Average rent across Calgary<\/h2>\n\n\n\n<p>This December, Calgary&#8217;s city-wide average monthly rent price for an unfurnished, one-bedroom unit fell by $48, bringing the rate for an unfurnished, one-bedroom unit to $1,613. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"717\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Calgary-Blog-6-1024x717.png\" alt=\"Calgary rent trend for unfurnished one bedroom units as of the December 2024 liv rent report\" class=\"wp-image-62030\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Calgary-Blog-6-980x686.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Calgary-Blog-6-480x336.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<br><h2 id=\"month-to-month\">Month-to-month rent change<\/h2>\n\n\n\n<p>This chart breaks down the percentage change in rent prices across all of Calgary&#8217;s quadrants between November and December 2024.<\/p>\n\n\n\n<p>Rents are down for furnished and unfurnished units in all areas except Southeast Calgary which saw a (+0.81%) increase for one-bedroom furnished units. The most notable decrease for unfurnished one-bedroom units was in Northeast Calgary (-8.18%). On the other hand, furnished one-bedroom units in Calgary City Centre saw a decrease of (-14.35%). <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"836\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Calgary-Blog-3-1024x836.png\" alt=\"percentage change in rental prices for different quadrants in Calgary, via the December 2024 liv rent report\" class=\"wp-image-62033\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Calgary-Blog-3-980x800.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Calgary-Blog-3-480x392.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<br><h2 id=\"unfurnished-furnished\">Average unfurnished vs furnished rates<\/h2>\n\n\n\n<br><h3 id=\"unfurnished-furnished-calgary\" style=\"color: #fe5f55\">Unfurnished vs furnished rates in Calgary<\/h3>\n\n\n\n<p>Average rates for furnished and unfurnished one-bedroom units in Calgary fell this month. Looking at the city as a whole, the average monthly rent for an unfurnished one-bedroom unit has decreased by (-2.91%), renting for an average of $1,613 this month. Prices for furnished, one-bedroom units decreased this month by (-5.19%), to a new average cost of $1,697\/month.<\/p>\n\n\n\n<p>At present, furnished units cost an average of $84 more per month to rent than unfurnished units. This means that landlords can generally earn a higher profit by renting their units furnished. In contrast, renters will be able to save on rent by bringing their own furniture.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Calgary-Blog-2-1024x683.png\" alt=\"average unfurnished and furnished one-bedroom rent prices in Calgary, Alberta for liv.rent's December2024 Calgary and Edmonton Rent Report\" class=\"wp-image-62034\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Calgary-Blog-2-980x653.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Calgary-Blog-2-480x320.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<br><h2 id=\"average-rent-edmonton\">Average rent across Edmonton<\/h2>\n\n\n\n<p>This month, Edmonton&#8217;s rental rates for an unfurnished one-bedroom unit fell by $36, bringing Edmonton&#8217;s average monthly rent price for an unfurnished, one-bedroom unit to $1,339 per month an increase of $20 in the last six months.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"717\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Edmonton-Blog-6-1024x717.png\" alt=\"Edmonton rent trend for unfurnished one bedroom units as of the December 2024 liv rent report\" class=\"wp-image-62036\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Edmonton-Blog-6-980x686.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Edmonton-Blog-6-480x336.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<br><h2 id=\"month-to-month\">Month-to-month rent change<\/h2>\n\n\n\n<p>This chart breaks down the percentage change in rent prices across all of Edmonton&#8217;s different sectors between November and December 2024.<\/p>\n\n\n\n<p>This December, the average rent price increased for unfurnished one-bedroom units in Northwest Edmonton by (+2.03%), meanwhile, Downtown Edmonton (-6.34%) and Southwest Edmonton (-4.58%) saw the largest decreases for unfurnished units. Prices for furnished one-bedroom units saw an unusual trend with no areas seeing a price increase this month, while the largest decreases occurred in Downtown Edmonton (-8.99%) and Southwest Edmonton at (-6.10%).<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"956\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Edmonton-Blog-3-1024x956.png\" alt=\"percentage change in rental prices for different quadrants in Edmonton, via the December 2024 liv rent report\" class=\"wp-image-62039\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Edmonton-Blog-3-980x915.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Edmonton-Blog-3-480x448.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<br><h3 id=\"unfurnished-furnished-edmonton\" style=\"color: #fe5f55\">Unfurnished vs furnished rates in Edmonton<\/h3>\n\n\n\n<p>In <a href=\"https:\/\/liv.rent\/rental-listings\/city\/edmonton\/\" target=\"_blank\" rel=\"noreferrer noopener\">Edmonton<\/a>, average monthly rent prices for furnished one-bedroom units decreased (-6.28%) to $1,497\/month, while prices for unfurnished one-bedroom units decreased by (-2.60%) to $1,339\/month. As of December 2024, furnished units in Edmonton rent for an average of $158 more than unfurnished units. This indicates that landlords who can rent their units furnished would benefit from doing so, particularly if they plan to rent their units on a <a aria-label=\" (opens in a new tab)\" href=\"https:\/\/liv.rent\/blog\/landlords\/short-term-vs-long-term-rentals-which-are-right-for-you\/\" target=\"_blank\" rel=\"noreferrer noopener\">short-term basis<\/a>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Edmonton-Blog-2-1024x683.png\" alt=\"average unfurnished and furnished one-bedroom rent prices in Edmonton, Alberta for liv.rent's December2024 Calgary and Edmonton Rent Report\" class=\"wp-image-62040\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Edmonton-Blog-2-980x653.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Edmonton-Blog-2-480x320.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<br>\n<style>\n.background-landlord-cta-ab-free-trial-growth {\n  text-align: center;\n  color: #303030;\n  font-family: 'Inter', sans-serif;\n  font-size: 24px;\n}\n\n.cta-block-landlord-cta-ab-free-trial-growth p{\n  font-family: 'Inter', sans-serif;\n  color: #303030; \n  font-weight: 400;\n  text-align: center; \n  font-size: 16px;\n}\n\n.cta-block-landlord-cta-ab-free-trial-growth {\n  background-color: #F5F5F5;\n  border-radius: 16px;\n  padding: 30px;\n  text-align: center;\n  margin: 20px 0px;\n}\n.button-landlord-cta-ab-free-trial-growth {\n  margin-top: 20px;\n  padding: 12px 16px;\n  background: #1D415E;\n  border: 0px solid white;\n  box-shadow: 0px 6px 8px -2px rgba(29, 66, 94, 0.4), 0px 12px 16px rgba(32, 121, 193, 0.15);\n  border-radius: 6px;\n  cursor: pointer;\n  \n  font-family: 'Inter';\n  font-style: normal;\n  font-weight: 600;\n  font-size: 14px;\n  line-height: 16px;\n  text-align: center;\n  color: #FFFFFF;\n\n}\n<\/style>\n<div class=\"background-landlord-cta-ab-free-trial-growth cta-block-landlord-cta-ab-free-trial-growth\">\n<h3><strong>Try Premium Landlord Features for free!<\/strong><\/h3>\n\n<p>Alberta landlords, elevate your rental game with a FREE one-month trial of <a href=\"https:\/\/liv.rent\/pricing\" target=\"_blank\" rel=\"noopener noreferrer\">liv.rent&#8217;s Growth plan<\/a>! Access $68 worth of premium features like Multi-Platform Advertising and <a href=\"https:\/\/landlords.liv.rent\/screening\/\" target=\"_blank\" rel=\"noopener noreferrer\">Trust Score tenant screening reports<\/a> with Equifax\u00ae credit information.<\/p>\n\n<a href=\"https:\/\/liv.rent\/landlords\/free-trial-alberta\" target=\"_blank\" rel=\"noopener noreferrer\"><button id=\"button-landlord-cta-ab-free-trial-growth\" class=\"button-landlord-cta-ab-free-trial-growth\">Start Your Free Trial Today<\/button><\/a>\n<\/div>\n<br>\n\n\n\n<p><strong><em>Looking for our full December 2024 Calgary &amp; Edmonton Rent Report? Download your copy <a href=\"#resources\">here<\/a> to get all the latest insights, including a detailed breakdown by neighbourhood.<\/em><\/strong><\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/landlords.liv.rent\/screening\/\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"1024\" height=\"278\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/08\/2024-08-06-MRR-TrustScore-min-1024x278.jpg\" alt=\"Banner image Trust score\" class=\"wp-image-60833\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/08\/2024-08-06-MRR-TrustScore-min-980x266.jpg 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/08\/2024-08-06-MRR-TrustScore-min-480x130.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/a><\/figure>\n\n\n\n<br><h2 id=\"neighbourhood-breakdown\">Quadrant\/Sector&nbsp;breakdown&nbsp;<\/h2>\n\n\n\n<p>To better understand each of these cities&#8217; average rental prices, let&#8217;s break down both <a href=\"https:\/\/liv.rent\/rental-listings\/city\/calgary\/\" target=\"_blank\" rel=\"noreferrer noopener\">Calgary<\/a> and <a href=\"https:\/\/liv.rent\/rental-listings\/city\/edmonton\/\" target=\"_blank\" rel=\"noreferrer noopener\">Edmonton<\/a> into their constituent quadrants\/sectors. We&#8217;ll examine prices &amp; trends for one-, two-, and three-bedroom units in each city for a more in-depth analysis.<\/p>\n\n\n\n<br><h3 id=\"breakdown-calgary\" style=\"color: #fe5f55\">Quadrant breakdown: Calgary<\/h3>\n\n\n\n<ul>\n<li>Prices decreased for all one-bedroom unfurnished units in Calgary this month.<\/li>\n\n\n\n<li>Northeast Calgary has the lowest rental prices for all types of unfurnished units as well as two- and three-bedroom furnished units. Northwest Calgary is the cheapest for one-bedroom furnished units. <\/li>\n\n\n\n<li>Prices decreased across all types of unfurnished units in Northeast Calgary and all types of furnished units in Calgary City Centre.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"529\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Calgary-Blog-5-1024x529.png\" alt=\"average rent for unfurnished units by quadrant in Calgary, Alberta via the December 2024 liv rent report\" class=\"wp-image-62031\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Calgary-Blog-5-980x506.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Calgary-Blog-5-480x248.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"529\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Calgary-Blog-4-1024x529.png\" alt=\"average rent for furnished units by quadrant in Calgary, Alberta via the December 2024 liv rent report\" class=\"wp-image-62032\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Calgary-Blog-4-980x506.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Calgary-Blog-4-480x248.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<br><h3 id=\"breakdown-edmonton\" style=\"color: #fe5f55\">Sector breakdown: Edmonton<\/h3>\n\n\n\n<ul>\n<li>Prices have decreased for all types of unfurnished units in West and Northeast Edmonton.<\/li>\n\n\n\n<li>Prices decreased for one-bedroom unfurnished units in all areas except Northwest Edmonton<\/li>\n\n\n\n<li>Downtown Edmonton has the highest rental prices for all types of furnished units as well as two- and three-bedroom unfurnished units. Southwest Edmonton is the most expensive for one-bedroom furnished units. <\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"589\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Edmonton-Blog-5-1024x589.png\" alt=\"average rent for furnished units by quadrant in Edmonton, Alberta via the December 2024 liv rent report\" class=\"wp-image-62037\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Edmonton-Blog-5-980x564.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Edmonton-Blog-5-480x276.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"589\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Edmonton-Blog-4-1024x589.png\" alt=\"average rent for furnished units by sector in Edmonton, Alberta via the December 2024 liv rent report\" class=\"wp-image-62038\" srcset=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Edmonton-Blog-4-980x564.png 980w, https:\/\/liv.rent\/blog\/wp-content\/uploads\/2024\/12\/RentReport_Alberta_2024_December_Edmonton-Blog-4-480x276.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"Downloadable-Resources\">Downloadable resources<\/h2>\n\n\n\n<br>\n<style>\n.background-downloadable-report-ab-monthly-rent-report{\n  text-align: center;\n  color: #303030;\n  font-family: 'Inter', sans-serif;\n  font-size: 24px;\n}\n\n.cta-block-downloadable-report-ab-monthly-rent-report p{\n  font-family: 'Inter', sans-serif;\n  color: #303030; \n  font-weight: 400;\n  text-align: center; \n  font-size: 16px;\n}\n\n.cta-block-downloadable-report-ab-monthly-rent-report {\n  background-color: #F5F5F5;\n  border-radius: 16px;\n  padding: 30px;\n  text-align: center;\n  margin: 20px 0px;\n}\n.button-downloadable-report-ab-monthly-rent-report{\n  margin-top: 20px;\n  padding: 12px 16px;\n  background: #1D415E;\n  border: 0px solid white;\n  box-shadow: 0px 6px 8px -2px rgba(29, 66, 94, 0.4), 0px 12px 16px rgba(32, 121, 193, 0.15);\n  border-radius: 6px;\n  cursor: pointer;\n  \n  font-family: 'Inter';\n  font-style: normal;\n  font-weight: 600;\n  font-size: 14px;\n  line-height: 16px;\n  text-align: center;\n  color: #FFFFFF;\n\n}\n  \n<\/style>\n\n<div class=\"background-downloadable-report-ab-monthly-rent-report cta-block-downloadable-report-ab-monthly-rent-report\">\n<h3><strong>Download The Latest Calgary and Edmonton Rent Reports<\/strong><\/h3>\n\n<p>For the complete Calgary and Edmonton rent reports, download here.<\/p>\n\n<a href=\"https:\/\/landing.liv.rent\/rentreports\/\" target=\"_blank\" rel=\"noopener noreferrer\"><button id=\"downloadable-report-ab-monthly-rent-report\" class=\"button-downloadable-report-ab-monthly-rent-report\">Download Report<\/button><\/a>\n<\/div>\n\n\n\n<br><h2 id=\"resources\">Rental resources for Alberta renters<\/h2>\n\n\n\n<p>You can read these comprehensive guides for more information on renting in Alberta and using liv.rent to streamline your rental process.<\/p>\n\n\n\n<ul>\n<li><a href=\"https:\/\/liv.rent\/blog\/rental-laws\/faq-landlord-tenant-responsibilities-in-alberta\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>FAQ: Landlord &amp; tenant responsibilities in Alberta<\/strong><\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/liv.rent\/blog\/rental-laws\/faq-everything-you-need-to-know-about-rent-deposits-in-alberta\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>FAQ: Everything you need to know about rent deposits in Alberta<\/strong><\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/liv.rent\/blog\/livrent\/liv-rent-user-guide-landlords-and-property-managers\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>The Complete User Guide To liv.rent For Landlords &amp; Property Managers<\/strong><\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/liv.rent\/blog\/livrent\/liv-rent-user-guide-for-renters\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>The Ultimate Renter\u2019s Guide To Using liv.rent<\/strong><\/a><\/li>\n<\/ul>\n\n\n\n<br><h2 id=\"methodology\">Data collection methodology<\/h2>\n\n\n\n<font size= \"2\"><i>\r\n<p>Our monthly rent reports use data from our own liv.rent listings, as well as data our team manually collects from other popular listing sites &#8211; looking at available basement suites, apartments, condos, townhouses, semi-detached houses, and single-detached houses for each area.<\/p>\r\n\r\n<p>When collecting this data, we do exclude luxury properties listed at over $5,000, as well as rooms for rent and shared accommodation.  Investing in manual data collection means that we only consider the current month\u2019s listing, since we can filter out duplicate listings and older ads that haven\u2019t been removed. <\/p>\r\n\r\n<p>Another key difference between our data collection methods and some government agencies like the CMHC is that we only include current asking rent prices. Many official reports will include data for entire buildings in their reports, which tends to skew numbers lower since many units are already occupied, and may be rent-controlled or rented for significantly lower than the current rates. <\/p>\r\n\r\n<p>As we are a Canadian rental platform founded and based in Vancouver, we want to ensure that we\u2019re providing a completely accurate depiction of the rental market in the cities we look at. <\/p>\r\n<\/p><\/font><\/i>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<br>\r\n<style>\r\n.button-rethink-way-you-rent-monthly-report {\r\n  background-color: #7495AC;\r\n  border: 5px #26425C;\r\n  color: white;\r\n  padding: 10px 30px;\r\n  text-align: center;\r\n  text-decoration: none;\r\n  display: inline-block;\r\n  font-size: 15px;\r\n  margin: 5px 0px 20px 0px;\r\n}\r\n<\/style>\r\n<img decoding=\"async\" class=\"alignleft wp-image-23097\" src=\"https:\/\/liv.rent\/blog\/wp-content\/uploads\/2020\/08\/Digital-Contracts-Cropped-2.gif\" alt=\"Find apartments &amp; houses for rent with the liv.rent app\" width=\"220\" height=\"410\" style=\"float:left;\">\r\n\r\n<h2 style=\"color: #3E5B77;\">Rethink The Way You Rent<\/h2>\r\n\r\n<p>Not on <strong><a href=\"https:\/\/liv.rent\/\" target=\"_blank\" rel=\"noopener noreferrer\">liv.rent<\/a><\/strong> yet? Experience the ease of digital applications &amp; contracts, verified tenants &amp; landlords, virtual tours and more \u2013 all on one platform. <strong><a href=\"https:\/\/liv.rent\/pricing\" target=\"_blank\" rel=\"noopener noreferrer\">Sign up for free<\/a><\/strong> or <strong><a href=\"https:\/\/www.liv.rent\/download\" target=\"_blank\" rel=\"noopener noreferrer\">download the app<\/a><\/strong>.<\/p>\r\n\r\n<a href=\"https:\/\/liv.rent\/features\" target=\"_blank\" rel=\"noopener noreferrer\"><button class=\"button-rethink-way-you-rent-monthly-report\">Learn More<\/button><\/a>\r\n\r\n<p style=\"color: #3E5B77\"><strong><a href=\"https:\/\/315027fd.sibforms.com\/serve\/MUIEALxBmw-zX8J7nIDbE8Y0GsbO2XD2wyS5o8IJ7wVaedytZTfE-Ysnf2unVSDuBMQ_DiIreTYMftk3u84zjN-NZ459-r4fafSVJmvHqufcCZsHOdl9YPdQlyNO_8e-aEyO3JswcwrjPcNt9Ll22P85SQ6zAIiqlLhL9S2Es9edJgfjg0307yN6DptRbjGnHobRqNlUNRLczWrl\" target=\"_blank\" rel=\"noopener noreferrer\">Subscribe<\/a><\/strong> to receive these monthly updates on the Vancouver rental market. Discover last month&#8217;s Rent Reports below:<\/p><p>\r\n\r\n<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/june-2024-metro-vancouver-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">June 2024 Metro Vancouver Rent Report<\/a><br>\r\n\r\n<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/june-2024-toronto-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">June 2024 Toronto Rent Report<\/a><br>\r\n\r\n<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/june-2024-calgary-edmonton-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">June 2024 Calgary &amp; Edmonton Rent Report<\/a>\r\n\r\n<br>\r\n<a href=\"https:\/\/liv.rent\/blog\/rent-reports\/june-2024-montreal-rent-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">June 2024 Montreal Rent Report<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>At a glance Average rent prices for unfurnished one-bedroom units have decreased in both Edmonton and Calgary The Bank of Canada&#8217;s target overnight rate was recently lowered to 3.75% during an announcement on October 23rd, which has been cause for cautious optimism throughout the remainder of 2024. We&#8217;ll continue to monitor trends in both of [&hellip;]<\/p>\n","protected":false},"author":42,"featured_media":62035,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false},"categories":[514,292],"tags":[607,609,399],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>December 2024 Calgary &amp; Edmonton Rent Report | liv.rent blog<\/title>\n<meta name=\"description\" content=\"liv.rent&#039;s December 2024 Calgary &amp; Edmonton Rent Report has need-to-know rental data for Alberta, Canada. Discover average rent prices &amp; more.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/liv.rent\/blog\/rent-reports\/december-2024-calgary-edmonton-rent-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"December 2024 Calgary &amp; Edmonton Rent Report | liv.rent blog\" \/>\n<meta property=\"og:description\" content=\"liv.rent&#039;s December 2024 Calgary &amp; Edmonton Rent Report has need-to-know rental data for Alberta, Canada. 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