Rental costs in Edmonton rose 11.3 per cent from June 2022 to June 2023, but the city still offers the most affordable housing out of any major city, according to data from Rentals.ca, a large online real estate network.
Prices are rising but it is still the most affordable… Not shocking.
The most shocking thing about moving to alberta was discovering that there’s no rental increase cap.
I’m not renting now, but I imagine a whole bunch of people who snagged a good deal are going to find out in a year when their rent is suddenly bumped up to market rates.
Prices are rising but it is still the most affordable… Not shocking.
The most shocking thing about moving to alberta was discovering that there’s no rental increase cap.
I’m not renting now, but I imagine a whole bunch of people who snagged a good deal are going to find out in a year when their rent is suddenly bumped up to market rates.
Presumably the rising prices are to at least some extent a side effect of people moving there to take advantage of the relatively low prices.
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