Although rental housing in Alberta is still far more affordable than in many other parts of the country, urban areas in the province are seeing that affordability advantage slip due to the combined effects of stagnating wages and rent growth that ranked among the strongest in North America just a year ago.
CoStar Insight
Rent increases, stagnant wage growth combine to erode housing affordability in Alberta
It now takes two full-time, minimum-wage jobs to afford a two-bedroom apartment
By Paul Richter
CoStar AnalyticsSeptember 19, 2025 | 5:04 P.M.
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