Calgary · Income

Calgary secondary-suite rental income by quadrant

Typical monthly rents for a legal, self-contained basement suite in Calgary by broad area. Ranges assume utilities included.

Last updated July 2026

Rent by area

Area1-bed suite2-bed suite
SW inner-city (Killarney, Altadore, Bankview)$1,450–$1,750$1,850–$2,300
NW inner-city (Hillhurst, Bridgeland, Sunnyside)$1,500–$1,850$1,900–$2,400
SE (Inglewood, Ramsay, Bridgeland-Riverside)$1,400–$1,700$1,800–$2,200
NE (Bridgeland to Whitehorn corridor)$1,200–$1,500$1,550–$1,900
SW suburbs (Signal Hill, Cougar Ridge)$1,350–$1,650$1,700–$2,100
N suburbs (Nolan Hill, Sherwood, Panorama)$1,250–$1,550$1,600–$2,000
SE suburbs (Auburn Bay, Mahogany, Seton)$1,300–$1,600$1,650–$2,050

The 'legal' premium

Legal, registered suites in Calgary typically rent for $150–$300 more per month than comparable illegal suites in the same community, because they attract tenants who can obtain renters insurance on the unit and who value the safety features (egress, fire separation, alarms).

Vacancy & turnover

Calgary's overall rental vacancy sat well under 3% through 2024 and 2025, and secondary suites — priced below purpose-built rentals — tend to lease within 2–4 weeks. Budget a one-month vacancy per turnover for conservative cash-flow modeling.

These are directional ranges compiled from listing data and CMHC reports. Confirm your specific property with a local property manager before making an offer.