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
2.8%
Balanced Market
Avg. 1 Bedroom Rent
$1513
Based on 238 active listings
Avg. 2 Bedroom Rent
$1621
Updated 5/6/2026
Rental Market Data for South Millwoods
As of 5/6/2026, the vacancy rate in South Millwoods is 2.8%. There are currently 238 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 $1513, while 2-bedroom units average $1621.
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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