Explore why St. Albert’s rental market is thriving. Discover affordable rental prices, low property taxes, access to schools, parks, transit, and a family-friendly community vibe.

Real estate has always been a robust investment, and the rental market in St. Albert, Alberta is particularly hot right now. Here are the top four reasons why St. Albert rental properties are in such high demand. St. Albert is ideally situated just north of Edmonton, close enough to enjoy the amenities of the city but far enough away to have a small-town feel. Families love the safe, family-friendly vibe, access to nature, and highly rated schools.

St. Albert’s Affordable Rental Prices Compared to Edmonton

• The cheap rent and proximity with Edmonton makes St. Albert very appealing to renters who cannot afford pricing in Edmonton. In St. Albert you would find rental units at an average of 15-20% less than those in Edmonton for the same property type.
• One of the reasons is due to low property tax. The city of St. Albert has been described as one of the few cities in Canada whose property tax is at barely 42%, while the tax rate in neighbouring city of Edmonton is over 80%. Also this is likely to reduce taxes as low taxes will be equivalent to reduced cost on the side of the landlords hence cheaper rent.
• Similar to St. Albert, there are more rental properties making it an ideal renters market. Price control is in check due to more choices and low demand. While vacancy rate in Edmonton is less than 2percent, it stands at 5% and more in St. Albert.
• Other contributing factors include less population, low land density in St. Albert. Housing prices are cheaper for rentals due to less demand. The city of St. Albert is approximately 48 square miles with about 65,000 people living there. However, Edmonton has about 1 million citizens living in a place that is 2.5 times larger than St. Albert.

Therefore the rental rates in St. Alberta present good value because of low taxation, wider selection, the smaller population, close proximity to Edmonton, and a lesser number of individuals demanding housing facilities. However, if you want to rent without incurring unnecessary expenses in the Edmonton area, then St. Albert is first on the list.

Access to Amenities Like Schools, Parks, and Public Transit

St. Albert isn’t just a great place to live—it’s ideal for rental property owners too. Why? Location, location, location. St. Albert sits on the doorstep of Edmonton but still has a charming small-town feel. Renters flock here for the easy access to big city amenities paired with a family-friendly community vibe.

You’ll find desirable neighborhoods within a stone’s throw of schools, healthcare, recreation and natural spaces. Parks, playgrounds, sports fields and walking trails are everywhere. Families love the kid-friendly activities and events year-round.

• Transit connects residents to Edmonton and surrounding areas. The commuter bus gets you downtown in under 30 minutes.
• The town center has shops, dining, a theater and more. A farmer’s market runs spring through fall.
• Healthcare options include a hospital, medical clinics and alternative care like massage therapy or naturopathy.