Rental Rates
Apartment
Rental Rates - Fort McMurray
Damage Deposit is usually one month's rent
|
| Average
($/month) |
October
2010
|
October
2011 |
| Bachelor
suite |
$1,405 |
$1,406 |
| 1
Bedroom |
$1,792 |
$1,694 |
| 2
Bedroom |
$2,210 |
$2,049 |
| 3
Bedroom |
$2,525 |
$2,270 |
Fort
McMurray Apartment Vacancy Rate October 2011: 3.4%
(compared to October 2010 at 4.6%,
apartment vacancy rates have decreased.) |
|
Note:
average rental prices are available twice per year.
Rooms
and Houses for Rent
Room rates range from $700 to $1,400 per month. Amenities
vary. Ads are posted for rooms and houses in the Fort
McMurray Today as well as other sources listed in our Resources section.
For more information and analysis of the rental market see the Wood Buffalo Economic Update report.
Real Estate Prices
Average
Housing Prices in Fort McMurray |
Type
of Home |
Dec 2010 |
Nov 2011 |
Dec 2011 |
| Single
Family |
$685,970 |
$755,181 |
$729,092 |
| Multi
Family |
$419,422 |
$408,005 |
$387,244 |
| Duplex |
$443,786 |
$512,235 |
$550,983 |
| Mobile
Home* |
|
|
$41,500 |
| Mobile
Home/Land |
$387,923 |
$449,015 |
$436,993 |
|
Note:
average home prices are available monthly.
*
Mobile Home prices vary greatly because few are sold,
making the average fluctuate.
Average
selling price** of a single-family dwelling:
- Decreased
3.5% from Nov 2011 to Dec 2011
- Increased 6.3% from Dec 2010 to Dec 2011
- Average
selling price for 2007 was $588,633
- Average
selling price for 2008 was $682,149
- Average
selling price for 2009 was $634,332
- Average
selling price for 2010 was $676,047
- Average selling price for 2011 was $734,294
**Average
price = total value divided by total number sold
Utilities
*Costs vary depending on construction methods, lifestyle
and many other factors.
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PDF
version of Housing Rates

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