Average Rent in Calgary in Today’s Market

The average rent in Calgary is currently $2,045, marking a 2% increase above the national average.

Corporate Stays, Canada’s premier corporate housing provider, offers luxury rental options in Calgary for business and leisure travelers.

Average Rent Prices for Furnished Corporate Rentals in Calgary

The average monthly rent for an apartment in Calgary, AB, is $1,998. A 1-bedroom apartment will cost approximately $1,943, whereas opting for a 2-bedroom apartment increases the average rent to $2,385. Houses in Calgary are a more expensive option, with the average monthly rent reaching $2,485.

Apartment Type Short-Term Avg Rent (CAD) Long-Term Avg Rent (CAD) Comparables
Studio $1,750 $1,622 View
1 Bedroom  $2,078 $1,928 View
2 Bedroom  $2,517 $2,347 View
3 Bedroom  $2,879 $2,679 View
4 Bedroom  $6,284 $5,986 View

Corporate Stays furnished apartments in Calgary provide rich amenities to ensure a comfortable and seamless experience.

Corporate Stays fully furnished rentals are designed to meet your needs, making your stay in Calgary luxurious and worry-free.

Visit CorporateStays.com to explore our current listings and find the perfect corporate rental for your next visit.

Average Rent by Neighborhood in Calgary

Bankview $1,873
Beltline $2,372
Bridgeland $2,258
Capital Hill $1,935
Downtown Calgary $2,445
Haysboro $2,025
Kingsland $2,052
Mission $2,068
Mount Royal $2,249
Palliser $2,048

With options in all of the city’s most desirable neighborhoods, Corporate Stays is your go-to for both short-term corporate housing and long-term furnished rentals in Calgary.

The data indicates that the average rent in Calgary corporate rentals reflects the city’s growing demand for high-quality, furnished living spaces for professionals.

Comparison of Corporate Stays vs. Typical Residential Rents in Calgary

Corporate Stays offers a value proposition beyond Calgary’s typical residential renting experience.

Below is a comparison highlighting how Corporate Stays’ furnished rentals stand out in price and value compared to average residential rents in Calgary.

Attribute Corporate Stays Furnished Rentals Average Residential Rents in Calgary
Average Rent for 1 Bedroom $2,078 $1,943
Average Rent for 2 Bedroom $2,517 $2,385
Furnishing & Amenities Included Not Included
Utility Bills Included Not Included
Internet/Cable Included Not Included
Cleaning Services Available Not Available
Customer Service 24/7 Support Limited to None
Flexibility High (Short-term available) Low (Long-term contracts)

Although Corporate Stays properties might have a higher rent, you’re getting more bang for your buck with all the extra perks like furnishings, services, and the flexibility to choose short-term stays.

Contact our rep if you’re looking for a rental that feels more like a home and offers all the convenience you need.

For personal rental options and to stay ahead with the latest listings in the best neighborhoods, sign up for alerts today and find your perfect mix of luxury and comfort.

Key Factors Influencing the Rent Prices in the Corporate Rental Market

Several elements affect rent pricing in the corporate rental market. These factors can significantly influence the cost of renting properties, defining corporate housing options’ overall affordability and availability.

Local Economic Conditions Economic stability, employment rates, and the presence of industries can drive rental prices up or down.
Corporate Expansions The growth of businesses and establishing new companies in the area can increase demand for corporate rentals.
Seasonal Demands Certain times of the year may see higher demand due to tourism, events, or business cycles, affecting prices.
Location Rental prices vary significantly based on the neighborhood’s desirability and proximity to amenities.
Property Size and Amenities Larger properties or those with luxury amenities typically command higher rent.
Property Condition Newly built or well-maintained properties can attract a premium rental price.
Market Demand and Supply The balance between the number of available properties and the demand for rentals influences overall rent levels.

Understanding these factors can help tenants and landlords better prepare for fluctuations in the corporate rental market.

Historical Corporate Housing Market Trends Calgary

The corporate rental market in Calgary has demonstrated significant fluctuations and trends over the past decade, influenced by numerous economic and real estate factors.

 

Year Average Rent for 1 Bedroom (CAD)
2015 $1,332
2016 $1,150
2017 $1,270
2018 $1,330
2019 $1,390
2020 $1,470
2021 $1,560
2022 $1,640
2023 $1,695
2024 $2,045

The steady recovery and optimistic projections for the coming years reflect the strength and adaptability of this market, driven by factors such as corporate expansions, the increasing appeal of Calgary as a business hub, and the evolving work patterns that favor corporate and furnished rentals.

Average Rent in Nearby Cities for Furnished Apartments

When considering alternatives to Vancouver’s corporate rental market, it is essential to analyze the rent prices for furnished apartments in several nearby cities.

Montreal Toronto Ottawa Halifax Quebec City Edmonton Vancouver Winnipeg
$1,850 $2,700 $2,042 $1,600 $1,500 $1,550 $2,995 $1,300