Apartments for Rent in McConachie, Edmonton, AB

McConachie, Edmonton apartment availability

McConachie's rental market offers a good selection of listings, with an average of 21 rentals available each month in 2024. The neighborhood's rental inventory is relatively balanced, with a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as a few studios. Many of these rentals come with desirable amenities, including in-unit laundry, which is available in nearly 80% of apartments, and dishwashers, which are found in over 70% of rentals. Additionally, over 60% of McConachie apartments are pet-friendly, making this neighborhood a great option for renters with furry friends.

McConachie, Edmonton rental market trends

The McConachie neighborhood in Edmonton saw a notable increase in rent prices last year, with an average monthly rent of $1,624, representing a 7.1% year-over-year increase. Breaking it down by bed count, 1-bedrooms averaged $967 per month, a 14.9% decrease from the previous year. In contrast, 2-bedrooms and 3-bedrooms experienced increases, with average rents of $1,613 and $2,086, respectively.

The rental market in McConachie tends to fluctuate throughout the year, with December typically seeing the highest rent prices, 23.8% higher than the lowest month, May. If you're looking for a new apartment, May might be a good time to find a deal. On the other hand, if you're a landlord, December is likely to be the most lucrative month. Keep in mind that these trends can help inform your decision, whether you're a renter or a property owner.

Why McConachie, Edmonton is a great place to live

We've analyzed data from the last few years to understand what makes McConachie, Edmonton, a desirable neighborhood for renters. Our findings suggest that McConachie is an excellent choice for those who value a vibrant social life.

With its high Transit Score, well-developed street infrastructure, and frequent transit options, getting around the city is convenient and easy. Additionally, the neighborhood's strong Safety record and decent Walk Score make it an attractive option for those who enjoy exploring their community on foot. If you're looking for a neighborhood that supports an active social lifestyle, McConachie is definitely worth considering. Its unique blend of amenities and characteristics make it an ideal spot for renters who want to stay connected and engaged with their community.