Vacancy Rate in South Millwoods

Real-time rental market statistics for South Millwoods, Edmonton. Data derived from thousands of active listings and updated daily.

Vacancy Rate

3.9%

Balanced Market

Avg. 1 Bedroom Rent

$1269

Based on 359 active listings

Avg. 2 Bedroom Rent

$1574

Updated 1/9/2026

Rental Market Data for South Millwoods

As of 1/9/2026, the vacancy rate in South Millwoods is 3.9%. There are currently 359 active rental listings tracked in this area.

The market classification is currently Balanced. In terms of pricing, 1-bedroom units in South Millwoods are listing for an average of $1269, while 2-bedroom units average $1574.

Market Context

Vacancy rates below 2% typically indicate a tighter market with limited supply, whereas rates above 3% generally suggest a balanced or tenant-favorable market with more inventory availability.

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