Gathering the latest market data
Real-time rental statistics for South Millwoods, Edmonton. Updated daily from active listings — not annual CMHC reports.
Based on 252 active listing data points.
Compare vacancy rates and average rents across nearby areas.
Updated August 2026
As of August 2026, the rental vacancy rate in South Millwoods is 3.1%, based on Real-IQ's daily tracking of 252 active listings. That is close to the roughly 3% rate CMHC considers a balanced market, with supply and demand relatively even.
Average asking rent in South Millwoods currently sits at $1,300 for a one-bedroom, $1,605 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 |
|---|---|
| 1 Bedroom | $1,300 |
| 2 Bedroom | $1,605 |
As of August 2026, the rental vacancy rate in South Millwoods is 3.1% according to Real-IQ's daily tracking of 252 active listings. That is close to the roughly 3% rate CMHC considers a balanced market, with supply and demand relatively even.
As of August 2026, average asking rent in South Millwoods is $1,300 for a one-bedroom, $1,605 for a two-bedroom. These figures are refreshed every 24 hours from active rental listings.
With a vacancy rate of 3.1%, South Millwoods is currently a balanced market. That is close to the roughly 3% rate CMHC considers a balanced market, with supply and demand relatively even.
Real-IQ refreshes South 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 That differs from CMHC's Rental Market Report, which is published only once a year and can be several months out of date by the time it is released.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.