Calgary
Alberta
Statistics Canada geography code 4806016 · census subdivision
MARKET SCORE
Model CS-MI-1.0 · calculated 2026-09-30
Market snapshot
Average rent
$1,914
CMHC reports this figure for the census metropolitan area, which is wider than the city this market is defined by. Population here is city-level; rent and vacancy are metro-level. CMHC reliability code "a".
Source: Canada Mortgage and Housing Corporation
Confidence: high
Rental vacancy rate
5%
CMHC reports this figure for the census metropolitan area, which is wider than the city this market is defined by. Population here is city-level; rent and vacancy are metro-level. CMHC reliability code "a".
Source: Canada Mortgage and Housing Corporation
Confidence: high
Population trend
+17.0% 2013–2022 · CalculatedSource: Table 17-10-0142-01 — Population estimates, July 1, by census subdivision (vector 1138983024) · published 2023-01-11
What drives this market?
These weightings are an interpretation of the local economy, not a measurement. They are shown to explain what appears to support rental demand here — treat them differently from the sourced statistics above.
- Oil & Gas26% of local drivers
Calgary is the head-office centre of Canada's oil and gas industry, concentrating corporate, engineering and technical employment.
- Health Care16% of local drivers
Alberta Health Services operates several major hospitals in the city.
- Government14% of local drivers
Municipal, provincial and federal administration across a metropolitan population over 1.4 million.
- Transportation14% of local drivers
Calgary International Airport and a major rail and logistics corridor.
- Education12% of local drivers
The University of Calgary, Mount Royal University and SAIT are significant regional employers.
- Technology10% of local drivers
A growing technology sector supported by provincial diversification efforts.
- Construction8% of local drivers
Sustained residential and commercial construction tied to population growth.
Rental market
Average rent
$1,914
CMHC reports this figure for the census metropolitan area, which is wider than the city this market is defined by. Population here is city-level; rent and vacancy are metro-level. CMHC reliability code "a".
Vacancy rate
5%
CMHC reports this figure for the census metropolitan area, which is wider than the city this market is defined by. Population here is city-level; rent and vacancy are metro-level. CMHC reliability code "a".
All data for this market
| Metric | Period | Value | Type | Confidence | Source |
|---|---|---|---|---|---|
| average rent | — | $1,914 | observed | high | Canada Mortgage and Housing Corporation |
| population | 2022 | 1,413,800 | observed | high | Statistics Canada |
| population | 2021 | 1,371,575 | observed | high | Statistics Canada |
| population | 2020 | 1,361,588 | observed | high | Statistics Canada |
| population | 2019 | 1,337,655 | observed | high | Statistics Canada |
| population | 2018 | 1,311,699 | observed | high | Statistics Canada |
| population | 2017 | 1,292,550 | observed | high | Statistics Canada |
| population | 2016 | 1,278,982 | observed | high | Statistics Canada |
| population | 2015 | 1,261,453 | observed | high | Statistics Canada |
| population | 2014 | 1,242,004 | observed | high | Statistics Canada |
| population | 2013 | 1,208,313 | observed | high | Statistics Canada |
| rent change pct | — | Data unavailable | observed | low | Canada Mortgage and Housing Corporation |
| unemployment rate | 2024 | 7.6% | observed | high | Statistics Canada |
| unemployment rate | 2023 | 6.1% | observed | high | Statistics Canada |
| unemployment rate | 2022 | 6.2% | observed | high | Statistics Canada |
| unemployment rate | 2021 | 9% | observed | high | Statistics Canada |
| unemployment rate | 2020 | 11.9% | observed | high | Statistics Canada |
| unemployment rate | 2019 | 7.1% | observed | high | Statistics Canada |
| unemployment rate | 2018 | 7.7% | observed | high | Statistics Canada |
| unemployment rate | 2017 | 8.8% | observed | high | Statistics Canada |
| vacancy rate | — | 5% | observed | high | Canada Mortgage and Housing Corporation |
Rows showing Data unavailable are recorded deliberately, with the reason, rather than omitted — so you can tell the difference between a figure that is zero and one we simply do not have.