Apartments for Rent in Garneau, Edmonton, AB

Garneau, Edmonton apartment availability

Garneau's rental market offers a strong selection of listings, with an average of 109 rentals available each month in 2024. The majority of rentals in the area are 1-bedroom and 2-bedroom apartments, with a smaller number of studios and 3-bedroom units. Many of these apartments offer desirable amenities, including assigned parking, on-site laundry, and elevators. In fact, over 64% of Garneau apartments have assigned parking, while over 83% have on-site laundry facilities. With its convenient amenities and range of apartment types, Garneau is a popular choice for renters in Edmonton.

Garneau, Edmonton rental market trends

Renters looking for a place in Garneau, Edmonton should be aware that the summer months are the most expensive time to find an apartment. August has the highest rent, with prices averaging 18% higher than in May, the month with the lowest rent.

In 2024, the average monthly rent across all property types in Garneau rose 11% from the previous year to around $1,716. 1-bedrooms saw a significant 16% jump, averaging $1,643 per month, while 2-bedrooms now rent for around $2,015, and studios for $1,284. The substantial increase in 3-bedroom rentals, up 87% to $3,435, is notable. For budget-conscious renters, searching in May could provide a better shot at affordability, with rents typically lower than the peak summer months.

Why Garneau, Edmonton is a great place to live

We've analyzed data from the last few years to understand what makes Garneau an attractive neighborhood for renters. It appears that this area excels in supporting social life and environmental sustainability.

The neighborhood's well-designed street infrastructure, emphasis on safety, frequent transit options, and high walk score make it an ideal location for those who value an active social life. The abundance of shared spaces also fosters a sense of community.

For those prioritizing environmental sustainability, Garneau stands out due to its incorporation of eco-friendly features such as non-toxic paint, sustainable construction materials, waste recycling, and rainwater harvesting. The presence of community solar projects, thermostats, and low-flow fixtures further contribute to a reduced carbon footprint. Overall, Garneau offers a unique blend of social and environmental benefits, making it an excellent choice for like-minded renters.