Richfield

At a glance

A Mill Woods neighbourhood where row housing is the biggest group, with more than half of households renting. About 40% of homes are detached and 8% are apartments, and 54% of households rent (2016 census).

Median home value

$386K

2026 assessment, indexed to September 2026 · city $417K

Residents

3,740

estimate for mid-2025, up from 3,455 at the 2021 census

Households renting

54%

city 37%

Permits per year

11

2021–2025 average

What the numbers mean

• The median 2026 assessment is $391K (valued July 2025). Indexed to September 2026 with the Edmonton MLS® Home Price Index (-1%), that is about $386K, close to the Edmonton median of $417K. Property tax is still based on the assessment.
• 54% of households rent, well above the 37% city-wide, so expect a younger, more mobile mix of neighbours.
• 26% of residents are under 15, versus 18% city-wide. Expect busy schools, parks and playgrounds.
• Housing is a mix: 8% apartments, with the rest townhouses, duplexes and houses.
• Building activity is lighter than the city as a whole, at about 11 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.

Estimated property tax¹

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

$4,050 a year

about $335 a month on a $391K assessment

Upfront closing costs²

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

$440

on $386K

Typical apartment rent nearby³

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

Studio

$1,147

+$39 vs metro average

1 bedroom

$1,385

+$84 vs metro average

2 bedroom

$1,606

+$8 vs metro average

3 bedroom or more

$1,889

+$87 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.

Safety⁴

Reported incidents in the 12 months to September 2026, per 1,000 residents, compared with the median of 244 Edmonton neighbourhoods.

Reported crime

10.7

per 1,000 · above the 8.1 median

Violent crime

4.3

per 1,000 · median 2.7

Property crime

6.4

per 1,000 · median 5.2

• Reported crime runs about 1.3× the median Edmonton neighbourhood: 10.7 incidents per 1,000 residents a year, versus 8.1.
• The most common reported crime is vehicle theft, 40% of the total. 60% of incidents are property crime.
• Crime has been roughly flat since 2023, at about 47 reported incidents a year.
• Busy main streets, transit and nightlife bring in visitors, and incidents are counted where they happen, not where people live.

Reported crime by year