Renting in Drayton Valley in 2026

Drayton Valley is a town of 7,291 residents as of the 2021 Census, sitting in west-central Alberta about 130 kilometres southwest of Edmonton.

Prior to the 1953 oil boom, the community of Drayton Valley was sparsely populated, with the main economic activities being farming and logging. Since then, oil and gas has been the primary driver of the local economy, alongside agriculture and forestry (a sawmill operates in the town). Rentals lean single-family homes and townhouses supporting workforce housing for the oil-and-gas sector, with a mix of long-term local tenancies and shift-worker rentals.

The local economy runs on the following:

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  Oil and gas industry (primary economic driver since the 1953 oil boom)
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  Forestry (local sawmill)
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  Regional agriculture
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  Local retail, hospitality, and services
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  Regional healthcare

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  Drayton Valley and District Historical Museum
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  Omniplex recreation centre
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  North Saskatchewan River and Pembina River valleys

Every rental in Drayton Valley is governed by the Alberta Residential Tenancies Act. Key rules that apply regardless of town size:

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  No provincial rent control.Landlords can raise rent at renewal with three months' written notice and a 12-month gap.
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  Security deposits capped at one month's rent.Held in an interest-bearing trust account under section 45.
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  Landlord entry requires 24 hours' written notice.For repairs, showings, or inspections.
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  Disputes go to RTDRS.Alberta's fast-track alternative to court. $75 filing fee.
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  Written move-in inspection is legally required.Without one, a landlord cannot lawfully deduct for damage.

Deep guides for each of these topics are in the SQRFT guide library.

• Statistics Canada 2021 Census Profile
• Wild Rose School Division
• St. Thomas Aquinas Roman Catholic Schools
• Alberta RTDRS