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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 2011
October 2012
Bachelor suite
$1,406
$1,370
1 Bedroom
$1,694
$1,648
2 Bedroom
$2,049
$2,002
3 Bedroom
$2,270
$2,073
Fort McMurray Apartment Vacancy Rate for October 2012: 5.6%
(compared to October 2011 at 9.4%, apartment vacancy rates have decreased.)
Information courtesy of the Canada Mortgage and Housing Corporation, Rental Market Report, Alberta Highlights, Fall 2012.
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 2011
November 2012
Dec 2012
Single Family $729,092
$753,777
$740,073
Multi Family
$387,244
$448,532
$438,607
Duplex
$457,500
$613,354
$550,983
Mobile Home*
$41,500
$35,000
$40,000
Mobile Home/Land
$436,993
$450,764
$483,000
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 1.8% from November 2012 December 2012
  • Incerased 1.5% from December 2011 to December 2012
  • 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 selling price for 2012 is $753,540 (year to date)

**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

 

 

 

 

 

 

 
 
This website is funded by the Government of Alberta.