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Rental Market Trends in Wood Buffalo, AB

Updated September 2026

The average rent in Wood Buffalo, AB is $1,384/month.

$1,384/month

Average Rent

466 Sq Ft

Average Size

-2.2%

Change / Year

22

Available Apartments

Wood Buffalo rent varies by unit size and layout:

  • Studio apartments in Wood Buffalo average $1,090 per month.
  • One-bedroom apartments in Wood Buffalo average $1,384 per month.
  • Two-bedroom apartments in Wood Buffalo average $1,603 per month.
  • Three-bedroom apartments in Wood Buffalo average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,090/month
405 Sq Ft
One Bedroom
$1,384/month
466 Sq Ft
Two Bedroom
$1,603/month
917 Sq Ft
View Wood Buffalo Apartments

How much has average rent changed in Wood Buffalo, AB?

In the past year, rent has decreased by 2.2%, which averages out to $30 less per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Wood Buffalo, AB

September 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Wood Buffalo, AB
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
20% $1,001 - $1,500/month
80% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Wood Buffalo, AB?

Because the average rent in Wood Buffalo is $1,384, you’ll want to make about $4,613 per month or $55,356 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Wood Buffalo, AB

22 Available Apartments for Rent

Search for Nearby Apartments

How does Wood Buffalo, AB compare to other nearby cities and neighbourhoods?

Use the tool below to compare Wood Buffalo, AB to other nearby cities and neighbourhoods. The Apartments.com neighbourhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Apartment Communities in Wood Buffalo We Think You'll Love

Claire Manor

Claire Manor

421 Ross Haven Dr,
Fort McMurray, AB T9H 3P3

2 Beds | $1,000

Marsh Manor Apartments

Marsh Manor Apartments

450 Ross Haven Dr,
Fort McMurray, AB T9H 4K1

2-3 Beds | $1,250

Riverside

Riverside

10414 Main St,
Wood Buffalo, AB T9H 4W4

1-2 Beds | $1,170 - $1,460

Manhattan Place

Manhattan Place

109 Elmore Dr,
Fort Mcmurray, AB T9H 4N8

2 Beds | $1,455

Frequently Asked Questions

What is the average rent in Wood Buffalo?

The average rent in Wood Buffalo is $1,384 per month, which is 18.7% lower than the national average of $1,703.

Are rents going up or down in Wood Buffalo?

Rents in Wood Buffalo, AB are decreasing, with prices down 2.2% year-over-year and $30 less per month.

What rent range is most common in Wood Buffalo?

In Wood Buffalo, AB, 80% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

Canada Alberta Wood Buffalo Rental Trends

Methodology

† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

* Percentages may not total 100 due to rounding.

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