Gathering the latest market data
Compare vacancy rates and average rents across nearby areas.
Updated August 2026
As of August 2026, the rental vacancy rate in North Millwoods is 1.9%, based on Real-IQ's daily tracking of 27 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 $1,222 for a studio, $1,198 for a one-bedroom, $1,525 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 | $1,222 |
| 1 Bedroom | $1,198 |
| 2 Bedroom | $1,525 |
As of August 2026, the rental vacancy rate in North Millwoods is 1.9% according to Real-IQ's daily tracking of 27 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 August 2026, average asking rent in North Millwoods is $1,222 for a studio, $1,198 for a one-bedroom, $1,525 for a two-bedroom. These figures are refreshed every 24 hours from active rental listings.
With a vacancy rate of 1.9%, 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 That differs from CMHC's Rental Market Report, which is published only once a year and can be several months out of date by the time it is released.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.