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Calgary's apartment market has quickly become a battleground in the competition for renters

Elevated construction, reduced population growth may ensure Calgary remains a renter's market
A rental housing development in Calgary's Beltline neighbourhood.  (Donovan Bissett/CoStar)
A rental housing development in Calgary's Beltline neighbourhood. (Donovan Bissett/CoStar)
CoStar Analytics
August 27, 2025 | 1:45 P.M.

Calgary is one of the most under-pressured multifamily markets in Canada, with new projects continuing to break ground at a record pace.

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News | Calgary's apartment market has quickly become a battleground in the competition for renters