Cost of Rent: Calgary is the most expensive city in Alberta

By: 600011 On: Jul 17, 2024, 2:44 PM

 

Calgary is the most expensive city in Alberta to rent, according to a report released by Dowler. The rising cost of living and skyrocketing rents in Calgary are putting renters in a bind. The report found that rents for a two-bedroom unit in the city will increase by 7.3 percent from 2023. One-bedroom rents in major cities across Canada were up 0.5 per cent on the national average, and two-bedroom rents were up 0.3 per cent. A two-bedroom apartment in Calgary costs around $2,200 per month. Winnipeg, Edmonton and Kelowna also posted higher annual rent growth.

Vancouver remains the most expensive city in the country. A one-bedroom apartment costs an average of $2,700 per month.