OFFER:
Receive a $500 MOVE-IN CREDIT on select suites! Get a $500 move-in rental credit when you sign a 1-year lease. Select suites only.
Highlights
Rent Special
Pet Friendly
Location
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Property management
OFFER:
Receive a $500 MOVE-IN CREDIT on select suites! Get a $500 move-in rental credit when you sign a 1-year lease. Select suites only.
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The Fifth at Palisades is a highly rated community, with an overall score of 8.5/10 and standout marks for price (9/10), amenities (10/10), location (9/10), and trustworthiness (8/10). Renters get strong value through competitive pricing, a premier amenity package, and convenient access to key destinations, plus 33 photos that provide a clear look at the property. It is also noted as great for pet friendliness, supported by available outdoor spaces.
Things you’ll love
Great for
| 1 Bedroom, 1 Bathroom | 1 bed | 1 bath | 635 sqft | $1,799 /mo | |||
| 2 Bedroom, 2 Bathroom | 2 bed | 2 bath | 965 sqft | $1,995 /mo | 1 unit available | ||
| 2 Bedroom, 2 Bathroom | 2 bed | 2 bath | 971 sqft | $2,024 /mo | 1 unit available | ||
| 2 Bedroom, 2 Bathroom | 2 bed | 2 bath | 971 sqft | $2,048 /mo | 1 unit available | ||
| 2 Bedroom, 2 Bathroom | 2 bed | 2 bath | 896 sqft | $2,062 /mo | |||
| 2 Bedroom, 2 Bathroom | 2 bed | 2 bath | 965 sqft | $2,082 /mo | |||
| 2 Bedroom, 2 Bathroom + Den | 2 bed | 2 bath | 1,010 sqft | $2,182 /mo | |||
| 2 Bedroom, 2 Bathroom + Den | 2 bed | 2 bath | 1,010 sqft | $2,232 /mo | 1 unit available | ||
| 2 Bedroom, 2 Bathroom + Den | 2 bed | 2 bath | 1,010 sqft | $2,257 /mo | |||
| 2 Bedroom, 2 Bathroom + Den | 2 bed | 2 bath | 1,010 sqft | $2,307 /mo | 1 unit available | ||
| 3 Bedroom, 2 Bathroom | 3 bed | 2 bath | 1,114 sqft | $2,361 /mo | 1 unit available |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Balcony |
| Heat | High Ceiling |
| High Ceilings | High Gloss Cabinets |
| Hot Water | Luxury Vinyl Plank Flooring |
| Patio | Quartz Countertops |
| Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Stainless Steel Appliances |
| Washer and Dryer |
Building
| Cats OK | Clubhouse |
| Commercial Grade Fitness Centre | Dogs OK |
| EV Charging | Fitness Center |
| Free Weights | Games Room |
| Garbage Chute | Golf Simulator |
| Indoor Bike Storage | Residents Lounge |
Grounds
| Assigned Parking | Barbecue/Picnic Area |
| Garage Parking | Outdoor Space |
| Pet Wash Station | Storage |
| Swimming Pool |
Services
| Availability 24 Hours | Event Space with Kitchen |
| On-Site Maintenance | On-Site Management |
| Package Service |
One-time.
One-time.
Contact for more information on pet policy.
Surface Lot
Garage Lot
Monthly. 2 surface lots max.
Monthly. 2 garage lots max.
Questions about this property’s policies and fees?
| Lease terms | 12 months |
|---|
Rental rates are subject to change based upon move-in date and lease term. Receive a $500 MOVE-IN CREDIT on select suites! Get a $500 move-in rental credit when you sign a 1-year lease. Select suites only. Conveniently Located Nestled in the heart of Albany, one of Edmonton’s newest neighbourhoods, The Fifth at Palisades offers more than just a place to live—it's a lifestyle. Established in 2009 as an extension of the Palisades area, Albany is ideally located near Anthony Henday Drive, providing effortless access to Edmonton and surrounding areas like St. Albert, Fort Saskatchewan and Spruce Grove. This vibrant community is ideal for those seeking a balance of city life and natural beauty, with all the conveniences of urban living nearby.
How The Fifth at Palisades compares to other nearby properties.
Positives
Considerations
1-bedroom apartments here are priced 16% higher than 1-bedrooms in Albany.
If you decide to upgrade your space, you can expect 2-bedrooms at The Fifth at Palisades to be 2% more than the average for similarly sized apartments in Albany.
3-bedroom apartments at The Fifth at Palisades cost about 2% more than the average rent price for 3-bedroom apartments in Albany.
| Month | Median Rent |
|---|---|
| June 2024 | $1,337 |
| July 2024 | $1,340 |
| August 2024 | $1,376 |
| September 2024 | $1,420 |
| October 2024 | $1,404 |
| November 2024 | $1,433 |
| December 2024 | $1,296 |
| January 2025 | $1,298 |
| February 2025 | $1,303 |
| March 2025 | $1,300 |
| April 2025 | $1,295 |
| May 2025 | $1,308 |
| June 2025 | $1,336 |
| July 2025 | $1,309 |
| August 2025 | $1,344 |
| September 2025 | $1,391 |
| October 2025 | $1,373 |
| November 2025 | $1,294 |
| December 2025 | $1,276 |
| January 2026 | $1,296 |
| February 2026 | $1,267 |
| March 2026 | $1,244 |
| April 2026 | $1,250 |
| May 2026 | $1,241 |
| June 2026 | $1,250 |
| Month | Median Rent |
|---|---|
| July 2024 | $1,650 |
| August 2024 | $1,650 |
| September 2024 | $1,650 |
| May 2025 | $1,644 |
| June 2025 | $1,660 |
| July 2025 | $1,647 |
| August 2025 | $1,635 |
| September 2025 | $1,480 |
| October 2025 | $1,487 |
| November 2025 | $1,565 |
| December 2025 | $1,560 |
| January 2026 | $1,560 |
| February 2026 | $1,560 |
| March 2026 | $1,596 |
| April 2026 | $1,642 |
| May 2026 | $1,625 |
| June 2026 | $1,555 |
Can I afford to live at 171 Albany Dr Nw?
Bedrooms
Rent-to-income ratio
30%
$71,960/yr
Albany | Edmonton, AB