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Calgary, Alberta

Housing in Calgary

Detailed housing data — sourced from authoritative datasets and normalized for direct comparison.

Housing in Calgary, Alberta

Calgary's housing market has experienced significant activity, driven by rapid population growth and interprovincial migration. While housing costs are lower than in Vancouver or Toronto, they have been rising, with the average house price reaching $642,840 CAD in November 2025.

Rental prices have also climbed, with a one-bedroom apartment averaging around $1,650 CAD per month and a two-bedroom around $1,980 CAD per month in July 2026. The market is transitioning from a seller's to more balanced conditions, with new home starts expected to ease in 2026 as migration slows and supply pressures emerge, particularly in higher-density segments.

Housing

Average Rent
$1,177
Salary Needed
$46,129

About Calgary, Alberta

Calgary, Alberta, is a vibrant and rapidly growing city nestled at the foothills of the Canadian Rockies. Historically known as a hub for the oil and gas industry, Calgary has successfully diversified its economy, attracting talent and investment in sectors like technology, logistics, and professional services. The city is characterized by its youthful population, strong sense of community, and a high quality of life, drawing people from across Canada and internationally. Its strategic location offers residents easy access to stunning natural landscapes while providing the amenities of a major urban center.

Calgary's appeal stems from a combination of factors, including its relative affordability compared to other major Canadian cities, a robust job market, and a lower tax burden in Alberta. The city has experienced significant population growth, outpacing the national average, which has fueled demand for housing and services. This growth, coupled with ongoing infrastructure investments, positions Calgary as a dynamic and forward-looking city.

About Alberta

Alberta is a Canadian province known for its diverse landscapes, ranging from the Rocky Mountains to prairies and boreal forests. Its economy is largely driven by the energy sector, particularly oil and gas extraction, though agriculture, forestry, technology, and tourism are also significant industries. Living in Alberta generally offers a high standard of living with competitive incomes and a lower cost of living compared to some other major Canadian provinces, partly due to no provincial sales tax. The climate is continental, characterized by warm summers and cold winters, with rapid temperature swings and occasional warm Chinook winds in the south.