Parkallen

Neighbourhood in Edmonton · Alberta · Population 2,047

Compare with another place Save this place

Housing and jobs

Housing costs, rents, incomes and jobs in Parkallen, with comparisons and sources.

Affordability

41 · Average

Average monthly rent$1,190/month

Edmonton: $1,302/month · Canada: $1,209/month · 2006: $951/month (estimated) · 2016: $1,438/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,108/month

City-wide figure for Edmonton · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,301/month

City-wide figure for Edmonton · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,598/month

City-wide figure for Edmonton · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,802/month

City-wide figure for Edmonton · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.3.9%

City-wide figure for Edmonton · CMHC, 2025

Median dwelling value (owner-estimated)$466,579

Edmonton: $384,000 · Canada: $472,000 · Estimated · 2016: $507,871 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing26.4%

Edmonton: 24.3% · Canada: 20.9% · 2006: 16.1% (estimated) · 2016: 19.9% (estimated) · Statistics Canada, 2021

Economy

63 · Good

Median household income$92,817

Edmonton: $90,000 · Canada: $84,000 · Estimated · 2006: $82,893 (estimated) · 2016: $104,115 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)8.3%

Canada: 5.2% · City-wide figure for Edmonton · Statistics Canada, 2021

Unemployment rate9.4%

Edmonton: 12.7% · Canada: 10.3% · 2006: 4.4% (estimated) · 2016: 6% (estimated) · Statistics Canada, 2021