Alberta city seeing the second-largest jump in rent prices in Canada

Alberta spot named among the world's top ski resorts for summer travel

Construction ramps up in the Culture and Entertainment District and here's what to expect

Here are all of Alberta's statutory holidays remaining in 2026

As for Alberta’s other major housing markets, Calgary was the most expensive spot with an average one-bedroom rent of $1,531, followed by Edmonton at $1,302, and Red Deer with its one-bedroom rent price of $1,282.

At the other end of the scale, smaller Alberta markets remained the most affordable. While it saw the largest month-over-month increase, Lloydminster, which Rentals.ca says includes listings from both the Alberta and Saskatchewan sides of the city, recorded the lowest average one-bedroom rent at $1,090, followed by Fort McMurray at $1,165, and Medicine Hat at $1,240.

The data shows that rent prices cooled across much of the country. The average asking rent for purpose-built and condominium apartments fell 2.4 per cent year-over-year to $2,035 in February 2026. 

Out of all the provinces, Alberta recorded the largest annual decline, down 4.4 per cent to an average total rent price of $1,656, followed by Ontario and British Columbia.

You can view the full report online.