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Receive a $500 MOVE-IN CREDIT! Get a $500 move-in rental credit when you sign a 1-year lease.

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Highlights

  • Rent Special
  • Pet Friendly

Location

171 Albany Dr Nw, Edmonton, AB T6V 1J6, CAN|Albany
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Contact

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Management

Deveraux Apartment Communities

Leasing office

(825) 600-5675

Property Overview

The Fifth at Palisades is a highly rated community with an overall score of 8.5/10, featuring standout amenities (10/10), a strong location (9/10), and solid trustworthiness (8/10). Competitive pricing (9/10) and extensive listing details, including 33 photos, help renters understand the value offered, while outdoor spaces support its designation as great for pet friendliness.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, The Fifth at Palisades is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Fifth at Palisades has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Images Available
  • Laundry available on site
  • Package service

Great for

  • Pet owners

Floor plans

1 Bedroom, 1 Bathroom - CMHC1 bed1 bath563 sqft$1,475 /mo1 unit available
1 Bedroom, 1 Bathroom - CMHC1 bed1 bath563 sqft$1,475 /mo
1 Bedroom, 1 Bathroom - CMHC1 bed1 bath563 sqft$1,475 /mo1 unit available
1 Bedroom, 1 Bathroom1 bed1 bath563 sqft$1,585 /mo
1 Bedroom, 1 Bathroom1 bed1 bath563 sqft$1,635 /mo
1 Bedroom, 1 Bathroom1 bed1 bath639 sqft$1,645 /mo1 unit available
1 Bedroom, 1 Bathroom1 bed1 bath563 sqft$1,660 /mo1 unit available
1 Bedroom, 1 Bathroom + Den1 bed1 bath710 sqft$1,750 /mo
2 Bedroom, 2 Bathroom2 bed2 bath965 sqft$1,975 /mo1 unit available
2 Bedroom, 2 Bathroom2 bed2 bath965 sqft$1,975 /mo1 unit available
2 Bedroom, 2 Bathroom2 bed2 bath965 sqft$1,985 /mo1 unit available
2 Bedroom, 2 Bathroom2 bed2 bath971 sqft$2,000 /mo1 unit available
2 Bedroom, 2 Bathroom2 bed2 bath971 sqft$2,025 /mo1 unit available
2 Bedroom, 2 Bathroom2 bed2 bath965 sqft$2,025 /mo1 unit available
2 Bedroom, 2 Bathroom + Den2 bed2 bath1,010 sqft$2,095 /mo
2 Bedroom, 2 Bathroom + Den2 bed2 bath1,010 sqft$2,095 /mo
2 Bedroom, 2 Bathroom + Den2 bed2 bath1,010 sqft$2,095 /mo
3 Bedroom, 2 Bathroom3 bed2 bath1,114 sqft$2,315 /mo
3 Bedroom, 2 Bathroom3 bed2 bath1,154 sqft$2,350 /mo1 unit available
3 Bedroom, 2 Bathroom3 bed2 bath1,154 sqft$2,375 /mo
3 Bedroom, 2 Bathroom3 bed2 bath1,114 sqft$2,390 /mo1 unit available

Let's explore this property.

Amenities for The Fifth at Palisades

Apartment Amenities

Air ConditioningBalcony
HeatHigh Ceiling
High CeilingsHigh Gloss Cabinets
Hot WaterLuxury Vinyl Plank Flooring
PatioQuartz Countertops
Walk-in Closet

Appliances

DishwasherIn-Unit Laundry
MicrowaveStainless Steel Appliances
Washer and Dryer

Building

Cats OKClubhouse
Commercial Grade Fitness CentreDogs OK
EV ChargingFitness Center
Free WeightsGames Room
Garbage ChuteGolf Simulator
Indoor Bike StorageResidents Lounge

Grounds

Assigned ParkingBarbecue/Picnic Area
Garage ParkingOutdoor Space
Pet Wash StationStorage
Swimming Pool

Services

Availability 24 HoursEvent Space with Kitchen
On-Site MaintenanceOn-Site Management
Package Service
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Deposit

One-time.

Contact Property

OPTIONAL FEES

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Parking Policy

Surface Lot

Garage Lot

Surface Lot

Parking Fee

Monthly. 2 surface lots max. Unassigned parking.

$60

Garage Lot

Parking Fee

Monthly. 2 garage lots max. Unassigned parking.

$125

Questions about this property’s policies and fees?

Building details

Property details

Lease terms12 months
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About The Fifth at Palisades

Managed by Deveraux Apartment Communities
HomeApartments in EdmontonAlbany The Fifth at Palisades

Rental rates are subject to change based upon move-in date and lease term. Receive a $500 MOVE-IN CREDIT! Get a $500 move-in rental credit when you sign a 1-year lease. Don't Pay Rent Until May 1st! Move in today & don't pay rent until April 1st, 2026! Some restrictions may apply. Speak to your leasing agent for details. 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.


Go to property website

Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, The Fifth at Palisades is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Fifth at Palisades has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated The Fifth at Palisades
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
The Fifth at Palisades stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
The Fifth at Palisades stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Fifth at Palisades is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While The Fifth at Palisades does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

The Fifth at Palisades is great for:

Pet owners

  • Outdoor spaces are available at this property

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How The Fifth at Palisades compares to other nearby properties.

Positives

Images Available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building or in-unit
Package service
More secure storage for delivery
Walk-in closet
More closet space on average

Considerations

No elevator
Accessibility options are limited

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Rent trends in Albany

1-bedroom apartments here are priced 2% lower than 1-bedrooms in Albany.

If you decide to upgrade your space, you can expect 2-bedrooms at The Fifth at Palisades to be 3% more than the average for similarly sized apartments in Albany.

3-bedroom apartments at The Fifth at Palisades cost about 4% more than the average rent price for 3-bedroom apartments in Albany.

Median rents as of Apr 18 2026.
Albany
Edmonton
A table of 1-bedroom apartment rental data trends in Edmonton
MonthMedian Rent
May 2024$1,325
June 2024$1,330
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
A table of 1-bedroom apartment rental data trends in Albany
MonthMedian 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$1,645

Affordability calculator

Can I afford to live at 171 Albany Dr Nw?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$59,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $59,000 annually to afford this 1-bedroom median monthly rent price of $1,475.
For more information on rent affordability, visit our rent calculator.
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Internet available near The Fifth at Palisades

Neighborhood

Albany | Edmonton, AB

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Edmonton near 171 Albany Dr Nw

Walking

5/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 171 Albany Dr Nw, Edmonton

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

4/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

3/10
No elementary schools within a 30-minute walk

High schools

3/10
No high schools within a 30-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

4/10
Few or no bars within walking distance

Explore the area around 171 Albany Dr Nw

BulkBarn
12944 167 Ave NW
Walmart Supercentre
16940 127 St NW
Sobeys
16943 127 St NW
Save-on-Foods
12903 153 Ave NW
Elsafadi Supermarket
10807 Castle Downs Rd NW

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Check availability

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