Apartments for Rent in Downtown Calgary, Calgary, AB

Downtown Calgary, Calgary apartment availability

Downtown Calgary's rental market offers a very strong selection of listings, with an average of 122 rentals available each month in 2024. The majority of these rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of 3-bedroom apartments and studios also available. Many of these apartments are pet-friendly, with over 86% allowing small pets or having some pet restrictions in place. This makes Downtown Calgary a great option for renters with pets. With its central location and variety of amenities, Downtown Calgary is a popular choice for renters looking for a convenient and urban lifestyle.

Downtown Calgary, Calgary rental market trends

The Downtown Calgary rental market experienced a modest year-over-year increase of 0.04% in 2024, with the average monthly rent for all bed types and properties reaching $2,334. 1-bedrooms saw a slight decline in rent, averaging $1,876 per month, down 2% from the previous year. In contrast, 2-bedrooms and 3-bedrooms experienced significant increases, with average rents rising to $2,721 and $3,604, respectively. Studio apartments also saw a notable increase, with average rents reaching $2,056.

Summer months tend to see higher demand and prices in Downtown Calgary, with July typically being the most expensive month. Rents in July are approximately 9.6% higher than in December, the month with the lowest average rent. If you're looking for a new apartment, be prepared for more competition during the summer. Conversely, if you're searching during the winter, you may find more affordable options, albeit with fewer rentals available. December, in particular, may be a good time to find a new apartment, as it tends to be the least competitive month.

Why Downtown Calgary, Calgary is a great place to live

Downtown Calgary stands out as a hub for those who value a vibrant social life and prioritize environmental sustainability.

The neighborhood's high walk score, well-designed street infrastructure, emphasis on safety, and frequent transit options make it an ideal location for those who enjoy exploring their community and connecting with others. The abundance of shared spaces further fosters a sense of community, making Downtown Calgary a great fit for renters seeking an active social life.

For the eco-conscious, Downtown Calgary offers a unique blend of sustainable features, including the use of non-toxic paint, waste recycling and composting programs, and rainwater harvesting systems. The prevalence of thermostats, sustainable materials in construction, community solar projects, and low-flow fixtures also contribute to a reduced environmental footprint. With its strong transit score and walkability, Downtown Calgary is an attractive option for those committed to reducing their impact on the environment.