Calgary among most affordable Canadian big cities for renters
Calgary among most affordable Canadian big cities for renters
Calgary's average rent is $1,870, significantly lower than Toronto, Vancouver, and Halifax, where rents are nearly $400 higher. Calgary saw the largest two-year rent drop at –11.8%, with Alberta leading provincial declines at –4.4%. The national average rent fell 2.4% year-over-year to $2,035, continuing a 17-month decline. Increased housing supply and zoning changes contribute to Alberta's cooling rents.