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Rental Market Trends in Canmore, AB

Updated September 2026

The average rent in Canmore, AB is $1,969/month.

$1,969/month

Average Rent

650 Sq Ft

Average Size

+1%

Change / Year

10

Available Apartments

Canmore rent varies by unit size and layout:

  • Studio apartments in Canmore average per month.
  • One-bedroom apartments in Canmore average $1,969 per month.
  • Two-bedroom apartments in Canmore average $2,599 per month.
  • Three-bedroom apartments in Canmore average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,969/month
650 Sq Ft
Two Bedroom
$2,599/month
877 Sq Ft
View Canmore Apartments

How much has average rent changed in Canmore, AB?

In the past year, rent has increased by 1%, which averages out to $20 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Canmore, AB

September 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Canmore, AB
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
100% Above $2,000/month

What salary do I need to live comfortably in Canmore, AB?

Because the average rent in Canmore is $1,969, you’ll want to make about $6,563 per month or $78,756 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Canmore, AB

10 Available Apartments for Rent

Search for Nearby Apartments

How does Canmore, AB compare to other nearby cities and neighbourhoods?

Use the tool below to compare Canmore, AB to other nearby cities and neighbourhoods. The Apartments.com neighbourhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Apartment Communities in Canmore We Think You'll Love

901 Mountain St

901 Mountain St

901 Mountain St,
Canmore, AB T1W 0C9

2 Beds | $5,467

170 Kananaskis Way

170 Kananaskis Way

170 Kananaskis Way,
Canmore, AB T1W 0A8

1 Bed | $4,149

170 Kananaskis Way

170 Kananaskis Way

170 Kananaskis Way,
Canmore, AB T1W 0A8

2 Beds | $5,808

170 Kananaskis Way

170 Kananaskis Way

170 Kananaskis Way,
Canmore, AB T1W 0A8

1 Bed | $4,468

Frequently Asked Questions

What is the average rent in Canmore?

The average rent in Canmore is $1,969 per month, which is 12.5% higher than the national average of $1,750.

Are rents going up or down in Canmore?

Rents in Canmore, AB are increasing, with prices up 1.0% year-over-year and $20 more per month.

What rent range is most common in Canmore?

In Canmore, AB, 100% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

Canada Alberta Canmore Rental Trends

Methodology

† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity