Apartments for Rent in Canora, Edmonton, AB

Canora, Edmonton apartment availability

Canora's rental market offers a good selection of listings, with an average of about 30 rentals available each month. The majority of these rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of 3-bedroom apartments and studios also available. Many of these apartments are pet-friendly, with about 97% allowing cats and having some pet restrictions in place. This makes Canora a great option for renters with pets. Overall, Canora's rental market provides a range of options for renters looking for a home in this Edmonton neighborhood.

Canora, Edmonton rental market trends

Renters looking for a place in Canora, Edmonton should be aware that the area has seen significant rent growth in 2024. The average monthly rent across all property types has increased by 18.7% year-over-year to $1,216. Breaking it down by bed count, 1-bedrooms have risen by 13.7% to $1,104, while 2-bedrooms have jumped by 18.7% to $1,311, and studios by 19.7% to $1,040.

In terms of seasonality, December is the most expensive month to rent in Canora, with prices 11.6% higher than in January, the least expensive month. This suggests that renters looking for a better deal may want to consider searching during the winter months when demand is lower. Overall, Canora's rental market is experiencing significant growth, making it essential for renters to be prepared for higher prices, especially during the peak winter season.

Why Canora, Edmonton is a great place to live

Canora stands out as a top choice for renters prioritizing pet friendliness and environmental sustainability. According to 2024 data, apartments in Canora often feature pet-friendly amenities such as dedicated pet spaces, pet-safe windows, and outdoor areas, making it an ideal neighborhood for pet owners. Additionally, many buildings incorporate eco-friendly features like non-toxic paint, rainwater harvesting, and sustainable materials in their construction. With a strong transit score and walk score, Canora also offers residents convenient options for getting around while minimizing their environmental footprint. Overall, Canora is a great fit for renters seeking a neighborhood that supports both their love of pets and their commitment to living sustainably.