Apartments for Rent in Empire Park, Edmonton, AB

Empire Park, Edmonton apartment availability

Empire Park's rental market offers a good selection of listings, with an average of 50 rentals available each month. The neighborhood's rental inventory is diverse, featuring a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as some studios. Many of these rentals come with desirable amenities, including storage, assigned parking, and on-site laundry, which is available in every apartment. With a range of options to suit different needs and preferences, Empire Park is a great neighborhood to consider for renters looking for a convenient and amenity-rich living experience.

Empire Park, Edmonton rental market trends

The Empire Park neighborhood in Edmonton saw a significant increase in rent prices last year, with an average monthly rent of $1,646, reflecting an 11.7% year-over-year increase. Breaking it down by bed count, 1-bedrooms averaged $1,434 per month, a 9.4% increase from the previous year, while 2-bedrooms averaged $1,568, an 11.4% increase. Studios and 3-bedrooms saw similar growth, with average rents of $1,311 and $1,720, respectively.

In Empire Park, the winter months tend to see higher demand and prices, with December typically being the most expensive month, 8.7% higher than June, the month with the lowest average rent. If you're looking for a new apartment, June may be a good time to find a deal. However, if you're looking to avoid competition, it's best to avoid the winter months when demand is higher. Keep in mind that the rental market can fluctuate, and it's essential to stay informed to find the best fit for your needs and budget.

Why Empire Park, Edmonton is a great place to live

Empire Park stands out for its commitment to environmental sustainability and vibrant social life. The neighborhood's focus on eco-friendly features, such as non-toxic paint, rainwater harvesting, and community solar projects, make it an attractive choice for renters prioritizing a green lifestyle. Additionally, the use of sustainable materials in construction and low-flow fixtures further contribute to its environmental sustainability. Empire Park's high walk score and transit frequency also facilitate a dynamic social life, with safe streets, shared spaces, and convenient access to public transportation, making it easy for residents to connect with friends and community.