Photo: Rural Health Professions Action Plan from Canada · CC BY 2.0Home values in Rimbey run 38% lower than the median of Alberta’s towns
In figures: $250,000 for the median home in 2021, $400,000 for the middle of Alberta’s towns. What owners reported in May 2021 is an opinion of value; interest rates and prices have both moved since. For Rimbey there is no published sale price, as for every town in Alberta.
Rimbey’s homes, by two sources
Two sources, each set against Alberta’s towns only: provinces measure value differently, so they don’t line up across borders.
median, owners’ estimate
- Average
- $277K
- Owners
- 810
- Alberta’s towns
- $400K
- The typical Canadian town
- $406K
all residential
- Alberta’s towns
- $297K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
A detached house in Rimbey is assessed 27% lower than across Alberta’s towns
The 2024 assessment roll counts 1,035 homes in Rimbey, detached houses 77% of them.
Median assessment by type, 2024 the tick is the median of Alberta’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Alberta’s towns with their own figure; assessments compare within a province only.
Core housing need: 15% of Rimbey’s households, where Alberta’s towns sit at 8%
Rimbey had 1,105 occupied homes at the 2021 census, 70% of them single-detached houses. Half went up before 2001.
Homes by period of construction the tick is the median of Alberta’s towns
Homes by kind
| Rimbey | Alberta | Canada | |
|---|---|---|---|
| Condominiums | 7% | 15% | 8% |
| Needing major repairs | 8% | 5% | 6% |
| Too small for the household | 3% | 4% | 3% |
| Households in core housing need | 15% | 8% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Permits in Rimbey ran at 4.3 homes a year per 1,000, where Alberta’s towns ran at 7.5
From 2018 to 2023, permits in Rimbey created 25 homes, about 4 a year. About 29% went into single-unit buildings, where Alberta’s towns built 69%.
A peak in 2023: 14 new homes
New homes a year per 1,000 homes
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Rimbey is 38% below the $400,000 median of Alberta’s towns
The census values of Alberta’s towns, 478 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to Rimbey: Bentley
The places around Rimbey at the 2021 census: median and average value, and how many own. The nearest places to Rimbey with figures are 22–39 km away.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Rimbey | $250K | $277K | 73% | |
| Ponoka County | $440K | $473K | 89% | 22.2 |
| Bentley | $220K | $218K | 80% | 23.6 |
| Eckville | $270K | $284K | 77% | 32.6 |
| Lacombe County | $448K | $526K | 86% | 37.5 |
| Sylvan Lake | $352K | $376K | 68% | 39 |
Census 2021 values; km.
Questions about property prices in Rimbey
Is Rimbey expensive for Alberta?
Less than most: Alberta’s towns have a median of $400,000, and Rimbey sits below it.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).