Edmonton’s rental market is thriving. With a growing population, two major universities, and a booming healthcare sector, rental income potential in Edmonton is among the strongest in Western Canada. Savvy investors are capitalizing on high demand and competitive yields.

Average Rental Income in Edmonton

Average rents for a one-bedroom in Edmonton range from $1,200 to $1,600/month, while two-bedroom units fetch $1,500 to $2,100/month. Single-family homes can generate $2,000 to $3,000+ monthly depending on neighbourhood and condition.

Best Property Types for Rental Income in Edmonton

Basement suites, duplexes, and multi-family properties offer the best rental income potential. Legal basement suites are especially popular in mature neighbourhoods and can offset a large portion of your mortgage payment.

Start With an Accurate Property Valuation

Rental income potential starts with knowing a property’s true value. Visit House Value Report for a free Edmonton property valuation before you buy your next rental property.