Year: 2026 2025 2024
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Calgary, Canada

Property prices · 2026 · Americas · Price +2.7% vs 2025

Price/sqm — City Centre CAD 5,528
Price/sqm — Outside Centre CAD 3,614
1-Bed Rent / Month CAD 2,020
3-Bed Rent / Month CAD 3,295
Avg Mortgage Rate 5.30%
Price-to-Rent Ratio 14.0x Buying may offer better long-term value

Property price trend in Calgary (2024–2026)

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Property comparison — cities in Canada (2026)

City Centre /sqm Outside /sqm 1-Bed Rent vs Calgary
Calgary CAD 5,528 CAD 3,614 CAD 2,020
Vancouver CAD 15,515 CAD 10,165 CAD 2,996 +180.7%
Toronto CAD 13,375 CAD 8,774 CAD 2,675 +142%
Montreal CAD 7,276 CAD 4,815 CAD 1,926 +31.6%
Ottawa CAD 6,165 CAD 4,039 CAD 1,913 +11.5%
Edmonton CAD 4,039 CAD 2,658 CAD 1,488 -26.9%
Quebec City CAD 3,720 CAD 2,445 CAD 1,169 -32.7%

Other Americas cities (2026)

Frequently asked questions

How much does property cost in Calgary in 2026?

In Calgary, the average price per sqm in the city centre is CAD 5,528, and CAD 3,614 outside the centre (2026 data). Prices have risen 6.3% since 2024.

How much is rent in Calgary in 2026?

A 1-bedroom apartment in Calgary rents for approximately CAD 2,020 per month in 2026. A 3-bedroom apartment costs around CAD 3,295/month.

Is it better to buy or rent in Calgary?

Buying may offer better long-term value in Calgary. The price-to-rent ratio is 14.0x — it would take approximately 14.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 5.30%.

What are mortgage rates in Canada in 2026?

The average mortgage rate in Canada is approximately 5.30% as of 2026. With a price-to-rent ratio of 14.0x, buyers should carefully weigh mortgage costs against rental savings.

How have property prices in Calgary changed?

Property prices in Calgary have changed +2.7% vs 2025. Since 2024, prices have increased by 6.3%. Use the year tabs above to compare prices across years.

What is the price per sqm in Calgary?

The average property price per square metre in Calgary city centre is CAD 5,528 in 2026. Outside the centre, expect to pay around CAD 3,614/sqm.

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