Last updated on July 21, 2026

Average rent in
Mill Woods Town Centre, Edmonton, AB

Median rent

Median rent in Mill Woods Town Centre

$1,540/mo

increased by1%

vs previous year

The average rent in Mill Woods Town Centre is $1,540 per month as of July 2026. This is 21% below the national average rent, or $405 less per month.

$1.83

average price per square foot

Total rentals

Available rentals in Mill Woods Town Centre

22

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Mill Woods Town Centre rentals at each price point

50%38%25%13%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Mill Woods Town Centre, Edmonton, AB

Average rent prices in Mill Woods Town Centre have remained the same over the last month and have increased by 1% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Mill Woods Town Centre, Edmonton, AB

Rent prices in Mill Woods Town Centre vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Mill Woods Town Centre is $1,529, whereas a house costs $1,699. 1-bedroom apartments in Mill Woods Town Centre run $1,350 on average, while 2-bedroom apartments are $1,529.

Listings

Studio

$950

-

-

1 bedroom

$1,195

1%

13%

2 bedroom

$1,554

2%

3%

3 bedroom

$1,749

-

-

4 bedroom

$2,600

-

-

Studio

Average rent

$950

1 bedroom

Average rent

$1,195

Last 30 days

1%

Last year

13%

2 bedroom

Average rent

$1,554

Last 30 days

2%

Last year

3%

3 bedroom

Average rent

$1,749

4 bedroom

Average rent

$2,600

The table above reflects average rent prices in Mill Woods Town Centre, Edmonton, AB, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Mill Woods Town Centre, Edmonton, AB compare to other neighborhoods?

Compare median rent prices in Mill Woods Town Centre and Bisset by all bedroom counts and property types.

Mill Woods Town Centre

Median rent price$1,540
decreased by21%

lower than the national median

Median rent price$1,557
decreased by20%

lower than the national median

Takeaway

The median rent for all rentals in Mill Woods Town Centre, Edmonton, AB is 1% lower than the median rent in Bisset, Edmonton, AB.

Discover rentals in Mill Woods Town Centre, Edmonton, AB

413 2508 50 Street - Photo 1 of 1

5d+ ago

8.5

Very good

413 2508 50 Street

2508 50 St Nw, Edmonton, AB T6L 6X9

2 beds

2 baths

$1,495

Apartment for rent

2508 50 St Nw - Photo 1 of 1

5d+ ago

Mill Woods Town Centre condo for rent in Edmonton

2 beds

2 baths

$1,595

$1,495

Price drop

Condo for rent

Available Jul 20

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Mill Woods Town Centre, Edmonton, AB

Quick answers to common questions about the Mill Woods Town Centre rental market.

How much is rent in Mill Woods Town Centre?

The average rent in Mill Woods Town Centre is $1,540 per month as of July 18, 2026.

Is rent up or down in Mill Woods Town Centre?

Average rent prices in Mill Woods Town Centre have remained the same over the last month and have increased by 1% since last year.

How does Mill Woods Town Centre rent compare to the national average?

Rent in Mill Woods Town Centre is 21% below the national average, which means renters are paying approximately $405 less per month.

What salary do I need to afford rent in Mill Woods Town Centre?

To comfortably afford rent in Mill Woods Town Centre, you'd need to earn approximately $62,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Edmonton