Garneau

At a glance

The neighbourhood beside the University of Alberta, with heritage homes, low-rise apartments and a young population. Four in five households rent, and about half of the residents with a known age are in their twenties. The river valley is a short walk from the neighbourhood's edge.

Median assessed home

$320K

2026 assessment · city $422K

Residents

9,690

estimate for mid-2025, up from 6,605 at the 2021 census

Households renting

82%

city 37%

Permits per year

29

2021–2025 average

What the numbers mean

• The median assessed home is $320K, 24% below the Edmonton median of $422K.
• 82% of households rent, well above the 37% city-wide, so expect a younger, more mobile mix of neighbours.
• Only 6% of residents are under 15, versus 18% city-wide.
• 46% of residents are 20 to 29, versus 14% city-wide. It skews young-professional.
• 75% of homes are apartments (31% city-wide), so a condo is the usual way in.
• Building activity is lighter than the city as a whole, at about 29 permits a year.

Who lives here

Share of residents by age, 2019 city census, residents who gave an age.

Homes

Share of homes by type, 2016 census.

Daily errands on foot¹

Places within the neighbourhood or a 5-minute walk of its edge, compared with the typical neighbourhood in Edmonton.

Supermarkets

2

city median 2

Cafés and bakeries

19

city median 3

Pharmacies and clinics

7

city median 3

Playgrounds and dog parks

12

city median 6

Estimated property tax²

What owning here costs each year in property tax at the median assessed value. Renters don’t pay it directly, but landlords pass it on.

Median home

$3,310 a year

about $275 a month on a $320K assessment

Upfront closing costs³

Alberta has no land transfer tax; the Land Titles transfer fee is about 0.1% of the price. Government fees at the median home price:

Land title transfer fee

$370

on $320K

Typical apartment rent nearby⁴

Garneau sits in CMHC's University survey zone. October 2025 average rent of purpose-built rental apartments in that zone:

Studio

$1,218

+$110 vs metro average

1 bedroom

$1,305

+$4 vs metro average

2 bedroom

$1,667

+$69 vs metro average

3 bedroom or more

$1,822

+$20 vs metro average

How it's changing

Building permits issued each year, a leading signal of new homes and renovations.

*2026 is year to date.

Safety⁵

Reported incidents in the 12 months to September 2026, per 1,000 residents, compared with the median of 102 Edmonton neighbourhoods.

Reported crime

11.7

per 1,000 · above the 8.4 median

Violent crime

5.3

per 1,000 · median 3.2

Property crime

6.4

per 1,000 · median 5.2

• Reported crime runs about 1.4× the median Edmonton neighbourhood: 11.7 incidents per 1,000 residents a year, versus 8.4.
• The most common reported crime is assault, 40% of the total. 55% of incidents are property crime.
• Crime has fallen since 2023: 128 reported incidents in 2025 versus 226 in 2023.
• Busy main streets, transit and nightlife bring in visitors, and incidents are counted where they happen, not where people live.

Reported crime by year