Airdrie remains in the middle of the pack among the top 60 Canadian markets for average rent prices.
According to a new Rentals.ca report, Airdrie is in the middle of major rental markets in Canada, ranking 40th out of the 60 cities surveyed.
The report shows that Airdrie has an average rent price of $1,914. One bedrooms sit at $1,442, which is a .2 per cent gain from this time last year. Two-bedroom rentals sit at $1,702, a 4.3 per cent decrease year over year.
When it comes to Calgary, the total average is $1,870, with one bedrooms sitting at $1,531 and two bedrooms sitting at $1,844.
Airdrie ranked in the middle for the lowest average asking rent among purpose-built and condo rental apartments, sitting at $1,613.
Graph/Rentals.ca
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Housing market activity in Airdrie remained balanced in February, with both sales and new listings contributing to a steady supply, according to the Calgary Real Estate Board.
The board reported 122 sales and 236 new listings last month, resulting in a sales-to-new-listings ratio of 52 per cent.
The unadjusted benchmark price in February was $512,200, comparable to January levels but down five per cent from a year earlier.
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