Rental Rates In Fort McMurray Alberta

To Find the Forumla developed by CMHC on measuring Rental Rate please visit http://www.chra-achru.ca/CMFiles/Minimum_Houswing_Wage_2005_rev_Jan_320SLC-142006-939.doc

Apartment Rental Rates in Fort McMurray June 2010
Suite / High End / Average
Bachelor $1450 $1360
1 Bedroom $2100 $1666
2 Bedroom $2400 $1980
3 Bedroom $2700 $2245
4 Bedroom $2600 $2600

Income needed to afford rental rates
Suite / High End Annual Income Needed / Average
Bachelor $58,000 $54,400
1 Bedroom $84,000 $66,640
2 Bedroom $96,000 $79,200
3 Bedroom $108,000 $89,800
4 Bedroom $104,000 $104,000