Neighborhood GuideUpdated October 2025
VarsityRent Prices & Trends
Comprehensive rental market data and pricing trends for Varsity, Calgary
Calculate Your Fair Rent
Use our ML-powered calculator to see if you're paying fair market rent in Varsity
Calculate Fair RentAverage Rent
$2,013
per month
↑5.2%vs last year
Vacancy Rate
3.1%
Competitive
Average Rent by Bedrooms
1 BR$1,712/mo
2 BR$1,876/mo
3 BR$2,392/mo
Average Rent by Property Type
House$2,625/mo
Townhouse$2,349/mo
Duplex$2,103/mo
Condo Unit$2,093/mo
Main Floor$1,997/mo
Basement$1,030/mo
Historical Rent Trends
| Year | Avg Rent | YoY Change | Vacancy |
|---|---|---|---|
| 2010 | $1,313 | — | 1.7% |
| 2011 | $1,225 | -6.7% | 0.6% |
| 2012 | $1,348 | +10.0% | 0.1% |
| 2013 | $1,387 | +2.9% | 0.6% |
| 2014 | $1,480 | +6.7% | 0.3% |
| 2015 | $1,613 | +9.0% | 2.5% |
| 2016 | $1,597 | -1.0% | 3.1% |
| 2017 | $1,620 | +1.4% | 6.4% |
| 2018 | $1,517 | -6.4% | 4.1% |
| 2019 | $1,455 | -4.1% | 1.5% |
| 2020 | $1,590 | +9.3% | 2.0% |
| 2021 | $1,660 | +4.4% | 2.0% |
| 2022 | $1,699 | +2.3% | 1.3% |
| 2023 | $1,913 | +12.6% | 0.5% |
| 2024 | $2,013 | +5.2% | 3.1% |