The Underwood
202 14 Ave SW,
Calgary, AB T2E 1E1
C$1,750 - C$2,925
1-2 Beds
Rental Market Trends in Calgary, AB
What is the average rent in Calgary, AB?
C$1,622/month
Average Rent
562 Sq Ft
Average Apartment Size
-3.2%
Decrease in the Last Year
As of December 2025, the average rent in Calgary, AB was C$1,622/month. When you rent an apartment in Calgary, you can expect to pay as little as C$1,379 to as much as C$2,327, depending on the location and size of the apartment.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Calgary, AB?
In the past year, rent has decreased by 3.2%, which averages out to C$52 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2025
Legend
2024
2025
Rent Ranges in Calgary, AB
Last Updated December 2025
C$1,501 - C$2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below C$700/month
1%
C$700 - C$1,000/month
33%
C$1,001 - C$1,500/month
49%
C$1,501 - C$2,000/month
17%
Above C$2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Calgary?
Based on current rent prices, Bankview, Applewood Park and Kingsland are the most affordable neighborhoods in Calgary.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Calgary?
Based on current rent prices, University District, Cliff Bungalow and Downtown East Village are the most expensive neighborhoods in Calgary.
Neighborhood
Average Rent
Average Sq Ft
Which Calgary neighborhoods have the most rentals available?
The neighborhoods in Calgary with the most apartments available are North Hill/Downtown/Beltline, Beltline and Suburban South .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Calgary, AB?
Because the average rent in Calgary is C$1,622, you’ll want to make about C$5,406 per month or C$64,872 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Calgary, AB compare to other nearby cities and neighborhoods?
Use the tool below to compare Calgary, AB to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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Nearby City Rent Trends
Apartment communities in Calgary we think you'll love
Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.