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Housing

Intro
Housing
Other Accommodations

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.)
Information courtesy of the Canada Mortgage and Housing Corporation, Rental Market Report, Alberta Highlights, Fall 2011.
Click here for a short report about housing affordability in Fort McMurray.

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
Information courtesy of the Fort McMurray Real Estate Board
For monthly details see the Wood Buffalo Economic Update Report

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.

 

 

PDF version of Housing Rates

 

 

 

 

 

 

 
 
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