Top 9 Calgary Neighbourhoods to Buy a Rental Property in 2025

January 16, 2025

Discover the top 9 neighborhoods in Calgary for rental property investment in 2025, based on data from Rentsync. Learn about areas with the best rental yields, high demand, and growth potential, from family-friendly Tuscany to upscale Aspen Woods.

Cary Jones

Investing in Calgary's rental property market is a smart move, especially with increasing demand and competitive rental returns. Based on January 2025 data, we’ve identified the top 10 neighborhoods for real estate investment. These areas stand out for their rental yield potential, demand-supply balance, and growth opportunities. This analysis is based on rental market data sourced from Rentsync, providing accurate and up-to-date insights for January 2025. If you're looking to get into real estate investment in Calgary, here’s why these neighbourhoods should be on your radar:

1. Tuscany, Northwest Calgary

A Family-Friendly Haven

Average Rent: $2,008
Listings: 72
Why It Stands Out: With the highest rent-to-listing ratio in Calgary, Tuscany demonstrates a high demand compared to supply. Known for its picturesque views, excellent schools, and ample green spaces, Tuscany is a favorite among families and outdoor enthusiasts. The neighborhood's proximity to the Rockies and easy access to downtown Calgary make it an attractive location for tenants seeking a balance between nature and urban convenience.

2. Copperfield, Southeast Calgary

Affordable and In-Demand

Average Rent: $1,757
Listings: 65
Why It Stands Out: Affordable average rent combined with limited listings suggests a strong potential for rental demand. Copperfield features a mix of residential and commercial developments, offering tenants a convenient lifestyle. Its expanding infrastructure and community-focused amenities make it a hotspot for young professionals and families looking for affordability without compromising on quality.

3. Dover and Forest Lawn, Southeast Calgary

The Hidden Gem for Investors

Average Rent: $1,769
Listings: 74
Why It Stands Out: Known for their quiet streets and affordable entry points, Dover and Forest Lawn balance out moderate rents with a manageable supply, making them a hidden gem for investors. The neighbourhoods offers quick access to downtown Calgary and are surrounded by parks and recreation areas, appealing to both working professionals and small families.

4. Riverbend and Ogden, Southeast Calgary

Thriving Communities Near the Bow River

Average Rent: $1,835
Listings: 79
Why It Stands Out: These neighbourhood’s steady demand and strategic location near industrial hubs ensure a consistent flow of tenants. They boast a vibrant community spirit, with proximity to the Bow River pathways and ample shopping and dining options. Their central location makes it ideal for renters working in various parts of Calgary.

5. Brentwood, Northwest Calgary

A Hub for Students and Families

Average Rent: $1,912
Listings: 96
Why It Stands Out: Brentwood’s appeal lies in its accessibility and amenities, attracting both families and young professionals. With its close proximity to the University of Calgary and excellent public transit options, it’s a popular choice for students and faculty. The neighborhood also features an array of parks, shopping centers, and cultural activities.

6. Nolan Hill, Northwest Calgary

A Growth-Oriented Market

Average Rent: $1,849
Listings: 389
Why It Stands Out: Despite higher listings, Nolan Hill's rent levels make it a lucrative option, especially with ongoing residential and commercial developments. The area is known for its spacious properties and access to major roads, making it attractive to families and professionals seeking larger homes.

7. Downtown & Beltline, Southeast Calgary

Downtown Living at Its Best

Average Rent: $2,255
Listings: 480
Why It Stands Out: As the heart of Calgary, Downtown and Beltline offer unmatched access to amenities, employment hubs, and vibrant city life. The area attracts a diverse range of tenants, from professionals seeking proximity to offices to students and urban enthusiasts drawn to its trendy cafes, nightlife, and cultural venues. Its premium rents reflect the demand for this highly walkable and well-connected neighborhood, which boasts excellent public transit and year-round activities.

8. Aspen Woods, Southwest Calgary,

Upscale Living with Strong Returns

Average Rent: $2,395
Listings: 234
Why It Stands Out: As one of Calgary’s most upscale neighborhoods, Aspen Woods promises high rental yields and long-term appreciation potential. With luxury homes, excellent schools, and proximity to shopping centers like Aspen Landing, the area attracts high-income tenants. The serene environment and beautiful landscapes add to its premium appeal.

9. Montgomery, Northwest Calgary

A Balance of Growth and Stability

Average Rent: $2,048
Listings: 223
Why It Stands Out: Montgomery’s balance of rent and listings reflects a stable market with room for growth, ideal for investors targeting mid-tier properties. The neighborhood offers easy access to the University District and Foothills Hospital, making it a sought-after location for medical professionals and students. The ongoing developments in the area also contribute to its investment potential.

10. Altadore & Lower Mount Royal

Vibrant and Modern Communities

Average Rent: $2,039
Listings: 477
Why It Stands Out: These vibrant neighborhoods combine modern amenities with a lively community vibe, ensuring consistent rental demand year-round. Altadore is home to the popular Marda Loop shopping district and several parks, making it attractive to renters seeking a blend of urban and suburban living. The areas' trendy vibe and excellent schools make it particularly appealing to young families and professionals.

FAQs About Investing in Calgary Real Estate

1. Is Calgary a good place to invest in rental property?

Absolutely! Calgary’s rental market is thriving, with high demand driven by a growing population, a strong job market, and relatively affordable property prices compared to other major Canadian cities.

2. Which neighbourhoods in Calgary offer the highest rental yields?

Neighbourhoods like Tuscany, Beltline, and Aspen Woods stand out for their strong rental yields due to high demand and premium rent rates.

3. What should I consider before buying an investment property in Calgary?

Consider factors like the neighbourhood’s rental demand, average rent prices, local amenities, proximity to transportation, and future development plans.

4. Are there affordable neighbourhoods for first-time investors?

Yes, areas like Dover and Copperfield offer lower entry points while still providing good rental demand and potential returns.

5. How can I ensure consistent rental income?

Invest in neighbourhoods with strong tenant demand, maintain the property well, and consider hiring a property management company to handle day-to-day operations. To contact us about managing your Calgary real estate investment property, click here.

Tips for Investors

  1. Research Future Developments: Look for planned infrastructure or community projects that could boost property value.
  2. Understand Tenant Demographics: Match the property type to the tenant profile common in each area.
  3. Consult Local Experts: A real estate agent familiar with Calgary’s market can provide invaluable insights.

Investing in the right neighbourhood can significantly impact your returns and overall success as a property investor. These top 10 neighbourhoods represent some of the best opportunities in Calgary for 2025—whether you’re a seasoned investor or just starting your journey.

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