The Calgary rental market 2025 continues to be one of the most competitive in Canada. Strong population growth, limited housing supply, and steady economic performance have pushed rental demand to record levels. For newcomers, students, and long-term residents, understanding these trends is essential for navigating rising rent prices and finding suitable housing.
Below is a complete overview of what is shaping Calgary’s rental landscape in 2025 — including rent prices, demand, vacancy rates, best neighborhoods, and expert forecasts for late 2025 and 2026.
1. Rental Demand Continues to Outpace Supply
Calgary’s population has grown rapidly over the past three years, driven by:
- Interprovincial migration from B.C. and Ontario
- Newcomers choosing Alberta for affordability
- A growing number of students and young professionals
- A stable job market and strong economy
As a result, vacancy rates in Calgary remain among the lowest in Canada.
Vacancy Rate in 2025
- Citywide vacancy: ≈ 2.0%
- Downtown vacancy: 1.5–1.8%
- Beltline & inner-city vacancy: ≈ 1%
Neighborhoods with the highest competition:
- Beltline
- Mission
- Hillhurst
- Kensington
- Crescent Heights
- Bridgeland
These areas attract both newcomers and professionals looking for walkability, transit access, and proximity to downtown.
2. Average Rent Prices in Calgary (2025)
While Calgary is still more affordable than Vancouver or Toronto, rent prices have risen steadily. As of early 2025, average rental rates look like this:
| Unit Type | Average Rent |
|---|---|
| 1-Bedroom Apartment | $1,650–$1,900/month |
| 2-Bedroom Apartment | $2,000–$2,450/month |
| Downtown Premium Units | $2,400–$3,200/month |
| Basement Suites | $1,200–$1,500/month |
| Room Rentals | $750–$1,100/month |
Why are rents rising?
- Limited new rental construction
- High demand from newcomers
- Inflation & higher operating costs
- Rising property taxes and utility expenses
- Strong labor market attracting new workers
The cost to rent in Calgary is expected to increase another 3–6% by the end of 2025.
3. Neighborhoods with the Fastest Rent Growth
Some communities have experienced faster-than-average rental growth due to popularity and limited supply.
Top Growing Neighborhoods in 2025
- Beltline – strong demand for walkable, urban living
- Seton – booming SE district with new amenities
- Bridgeland – high demand from young professionals
- Mission – limited supply + strong lifestyle appeal
- Varsity & Brentwood – university proximity
Best Affordable Areas
If budget is a concern, consider:
- Dover
- Forest Lawn
- Bowness
- Ranchlands
- Penbrooke
- Ogden
These areas still offer below-average rental prices while providing good transit options.
4. Forecast for Late 2025 & 2026
Experts predict several key trends:
📈 Moderate rent increases
Rents are expected to rise another 3–8% depending on neighborhood.
🏗 More rental construction
New multi-family developments in:
- Downtown West
- Eau Claire
- Chinook area
- Seton & Mahogany
However, supply will not fully satisfy demand until 2026–2027.
🚚 Demand from newcomers will stay high
Calgary remains attractive due to:
- Lower taxes
- Lower cost of living than Toronto/Vancouver
- Strong job market in tech, healthcare, construction, logistics
- Provincial immigration programs (AAIP, RNIP expansions)
🧭 Tenants will need to apply faster
Units in popular neighborhoods are often rented within 24–72 hours of listing.
5. Tips for Renting in Calgary in 2025
To improve your chances when searching:
✔ Prepare documents early
- Employment letter
- Recent pay stubs
- References
- Credit report
✔ Expand your search radius
Consider neighborhoods with better availability:
Mayland Heights, Inglewood (older stock), Acadia, Dalhousie, Highland Park.
✔ Look for newly built basement suites
Many offer competitive pricing and modern finishes.
✔ Monitor listings daily
The best rentals disappear quickly.
✔ Consider long-term leases
Some landlords offer lower rates for 12–24 month terms.
6. Most Common Questions About Renting in Calgary (FAQ)
1. Is Calgary becoming too expensive for renters?
Rents are rising, but Calgary is still significantly more affordable than Toronto or Vancouver.
2. What is a good salary to rent in Calgary?
For a 1-bedroom ($1,700), a stable monthly income of $4,500–$6,000 is recommended.
3. Are basement suites safe?
Yes, most are legal and inspected — but verify before signing.
4. When is the best time to search for rentals?
Peak availability: April–September
Best deals: December–February
5. Can newcomers rent without Canadian credit history?
Yes — many landlords accept:
- Employment letters
- Offer letters
- International proof of income
Conclusion
The Calgary rental market 2025 is competitive, fast-moving, and shaped by strong population growth. Renters should be prepared for rising prices, limited availability, and strong competition — especially in inner-city neighborhoods.
With the right preparation and knowledge of the market, tenants can still find affordable and high-quality housing, particularly in emerging communities across Calgary’s SE and NW.
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