Gathering the latest market data
Real-time rental statistics for North Millwoods, Edmonton. Updated daily from active listings — not annual CMHC reports.
Based on 22 active listing data points.
Compare vacancy rates and average rents across nearby areas.
Updated September 2026
As of September 2026, the rental vacancy rate in North Millwoods is 1.7%, based on Real-IQ's daily tracking of 22 active listings. That sits well below the roughly 3% vacancy rate CMHC considers balanced, pointing to a landlord-favourable market with tight availability and upward pressure on rents.
Average asking rent in North Millwoods currently sits at $950 for a studio, $1,200 for a one-bedroom, $1,400 for a two-bedroom. These figures refresh every 24 hours from live listings, so they reflect what tenants are being asked to pay today — not a survey taken months ago.
| Unit Type | Average Asking Rent |
|---|---|
| Studio / Bachelor | $950 |
| 1 Bedroom | $1,200 |
| 2 Bedroom | $1,400 |
As of September 2026, the rental vacancy rate in North Millwoods is 1.7% according to Real-IQ's daily tracking of 22 active listings. That sits well below the roughly 3% vacancy rate CMHC considers balanced, pointing to a landlord-favourable market with tight availability and upward pressure on rents.
As of September 2026, average asking rent in North Millwoods is $950 for a studio, $1,200 for a one-bedroom, $1,400 for a two-bedroom. These figures are refreshed every 24 hours from active rental listings.
With a vacancy rate of 1.7%, North Millwoods is currently a landlord's market. That sits well below the roughly 3% vacancy rate CMHC considers balanced, pointing to a landlord-favourable market with tight availability and upward pressure on rents.
Real-IQ refreshes North Millwoods vacancy and average-rent figures every 24 hours using active rental listings. That differs from CMHC's Rental Market Report, which is published only once a year and can be several months out of date by the time it is released.
© 2026 Real-IQ Inc. | Calgary, Alberta | Built on CMHC Methodology.