Rentdigi: What Is the Average Rent for a 2-Bedroom in Calgary Right Now? (2026)

A two-bedroom apartment in Calgary is asking roughly $1,847 per month as of July 2026, according to the Rentals.ca August 2026 National Rent Report. That is about 4.5% less than a year ago — the largest annual decline among Canada's six biggest rental markets.

If you looked at Calgary rents in 2023 and gave up, this is a different market.

Calgary asking rents by bedroom count

Rentals.ca puts Calgary's July 2026 asking rents at:

• 1-bedroom: $1,513
• 2-bedroom: $1,847
• 3-bedroom: $2,326
• All unit types: $1,883

Zumper, which tracks live listings, is close on the same dates: a median of $1,575 for a one-bedroom and $1,890 for a two-bedroom as of early September 2026, with one- and two-bedroom medians down about 10% year over year.

The two sources do not match exactly, and they should not. They sample different listing pools on different dates. Treat either as a benchmark, not a quote.

Why is Calgary rent falling?

CMHC's 2026 Mid-Year Rental Market Update points at supply. Calgary's apartment vacancy rate reached 5.0% in 2025, up from 4.6% the year before, and CMHC names "increased competition from new supply" as the main reason asking rents have eased. Its two-bedroom rent index for Calgary fell from 100.0 in Q1 2024 to 92.3 in Q4 2025.

Demand slowed at the same time. The City of Calgary's housing research estimates the city will add about 34,000 residents in 2026 — down from roughly 53,000 in 2024–25 and 88,000 the year before that.

More units, fewer new arrivals. Rents follow.

What renters should watch for

A softer market changes what you can ask for. When vacancy is above 5%, landlords compete — and the things that were unthinkable in 2023 are negotiable again: a free month, parking thrown in, a flexible start date.

Two cautions, though.

Asking rent is not what everyone pays. The Alberta Regional Dashboard, drawing on CMHC survey data, puts the average rent of occupied Calgary two-bedrooms at $1,896 for 2025 — and that figure went up 1.4%. Occupied rents include long-tenured tenants and lag the market badly. The falling number is the one you face as a mover; the rising one is the existing stock catching up. Our Rent Index explainer goes deeper on that gap.

Cheap listings are where scams live. In a market where real deals exist, a listing priced well under $1,500 for a two-bedroom is not automatically fake — which is exactly what makes this market easier to get burned in. Never send a deposit before seeing the unit.

Where you look changes the number

Zumper's neighbourhood data for early September 2026 shows the spread:

• Downtown Calgary: $1,684 for a one-bedroom, $2,099 for a two-bedroom — two-bedroom medians down 13% year over year
• Beltline: $1,700 and $2,200
• Tuscany (NW suburb): $1,475 and $2,045

The core is not cheaper than the suburbs in Calgary. It is falling faster.

What this means if you are a landlord

Alberta sets no cap on how much you can raise rent, but you can only raise it once every 365 days, and month-to-month tenancies require three full tenancy months' written notice. With vacancy above 5%, the binding constraint is not the law — it is the market. A unit priced at last year's number sits.

If you are pricing a Calgary rental right now, the same logic in our Edmonton pricing guide applies: price against live comparables, not against what you got last year.

FAQ

What is the average rent for a 2-bedroom apartment in Calgary?

About $1,847 per month as of July 2026, per the Rentals.ca August 2026 National Rent Report. Zumper's live-listing median for the same period is $1,890. Both are asking rents on new listings, not what existing tenants pay.

Is rent going down in Calgary?

Yes. Calgary apartment and condo asking rents were down 4.5% year over year in July 2026 — the steepest decline among Canada's six largest markets. CMHC attributes it to new rental supply arriving faster than demand.

What is Calgary's vacancy rate?

CMHC reported a 5.0% apartment vacancy rate for 2025, within its estimated balanced range of 3.0–5.5%. The City of Calgary's housing research cites 5.1% for the same year, with CMHC forecasting roughly 5.7% in 2026.

How much notice does a Calgary landlord need to give for a rent increase?

Alberta requires three full tenancy months' written notice for a month-to-month tenancy, and rent can only be increased once every 365 days. There is no legal cap on the amount, and rent cannot be increased during a fixed term.

Is now a good time to rent in Calgary?

For renters, conditions are the most favourable in several years: vacancy above 5%, asking rents down year over year, and landlords offering incentives. Whether that persists depends on how much of the new supply gets absorbed.

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Rentdigi shows Calgary listings with the full monthly cost up front, and every landlord goes through identity verification before a listing goes live. Browse verified Calgary rentals.

Sources: Rentals.ca August 2026 National Rent Report · Zumper Calgary rent research (September 2026) · CMHC 2026 Mid-Year Rental Market Update · City of Calgary Housing Trends · Alberta Regional Dashboard · Centre for Public Legal Education Alberta