Calgary Rental Guide: Neighborhoods, Prices & Tips
Find your perfect Calgary rental with our comprehensive neighborhood guide, price comparisons, and insider tips for navigating Calgary's rental market in 2024.
Calgary Rental Market Overview
Calgary's rental market has seen significant changes in recent years. As Alberta's largest city and economic hub, rental prices vary greatly by neighborhood, property type, and amenities. Current trends show:
- Average 1-bedroom apartment: $1,250/month (city-wide)
- Average 2-bedroom apartment: $1,550/month (city-wide)
- Vacancy rate: Approximately 5.1% (as of early 2024)
- Most competitive season: May-August (university transitions and summer relocations)
- Fastest growing areas: East Village, University District, and Seton
With Calgary's economy diversifying beyond oil and gas, rental demand continues to grow in neighborhoods with strong transit connections, local amenities, and proximity to emerging industries.
Top Calgary Neighborhoods for Renters
Downtown
Urban living with easy access to business district, restaurants, and entertainment
Average Rent: $1,400 - $2,200
Best For: Young professionals and urban enthusiasts
Transit Score: 95/100
Beltline
Trendy area with vibrant nightlife, shopping, and diverse dining options
Average Rent: $1,200 - $1,900
Best For: Young professionals and social butterflies
Transit Score: 90/100
Kensington
Charming village vibe with boutique shops and cafes
Average Rent: $1,300 - $2,000
Best For: Artists, creatives, and young families
Transit Score: 85/100
Mission
Historic district with character buildings and riverfront access
Average Rent: $1,100 - $1,800
Best For: Urban professionals seeking character homes
Transit Score: 80/100
Bowness
Suburban feel with parks, river access, and family-friendly amenities
Average Rent: $950 - $1,600
Best For: Families and outdoor enthusiasts
Transit Score: 65/100
Auburn Bay
New community with modern amenities and lake access
Average Rent: $1,200 - $1,900
Best For: Families and suburban lifestylers
Transit Score: 55/100
Seasonal Rental Tips for Calgary
Winter Considerations (November-March)
- Verify heating systems work properly (especially in older buildings)
- Ask about included utilities, as heating costs can spike in winter
- Check for proper insulation and energy-efficient windows
- Inquire about snow removal responsibilities
- Units facing south get more natural sun/heat
Summer Considerations (June-August)
- Air conditioning is a premium feature, not standard in many units
- Check for cross-ventilation if A/C isn't available
- Proximity to outdoor spaces becomes more valuable
- Increased competition as students and new graduates enter the market
Transit & Commuting in Calgary
Calgary's public transit system includes the CTrain (light rail) and an extensive bus network. Here's what renters should know about commuting:
- CTrain Access: Properties within walking distance of CTrain stations typically command 10-15% higher rent
- Rush Hour: Commute times can double during 7-9 AM and 4-6 PM hours
- Downtown Parking: Monthly parking can cost $250-400, making transit-accessible rentals more economical
- Cycling Network: Calgary has over 850 km of pathways, with downtown and inner suburbs being most bike-friendly
For renters without vehicles, prioritize neighborhoods like Beltline, Kensington, Bridgeland, and Hillhurst for their excellent walkability scores and transit options.
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Disclaimer
The information provided in this guide is for general informational purposes only. While we strive to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the guide or the information contained in it. Any reliance you place on such information is strictly at your own risk. Rental prices are approximate and subject to change. Always verify current rates and neighborhood conditions when apartment hunting.