Subscribe to new rental listing alerts SIGN UP • Become a Verified Tenant VERIFY NOW

Currently browsing: Property Management Tips


What Makes a Great Property Management Company in Calgary?

Investing in the vibrant real estate market of Calgary can be a rewarding venture, but managing properties can be a daunting task without the right partner. Whether you own a charming apartment for rent in Calgary’s bustling downtown core or a serene suburban rental, having a reliable property management company by your side can make all the difference.

Let’s explore the features of must-have features of property management companies in Calgary and why Emerald Property Management is a top choice for investors seeking exceptional service.

 

Table of Contents | What Makes a Great Property Management Company in Calgary?

  1. The Calgary Rental Market: A Land of Opportunities
  2. Must-Have Features: What Makes a Great Property Management Company?
  • Experience and Reputation
  • Comprehensive Services
  • Effective Communication
  • Financial Management
  • Tenant Management
  • Maintenance and Repairs
  • Legal Knowledge
  • Technology Integration
  • Marketing Expertise
  • Excellent Customer Service
  • Crisis Management 
  • Insurance and Risk Management
  1. The Importance of Choosing the Right Partner
  2. Emerald Property Management: Leading the Way in Calgary
  3. Why Emerald Property Management is Your Best Choice
  4. Write Your Success Story with Emerald Property Management in Calgary

 

 

The Calgary Rental Market: A Land of Opportunities

 

Calgary, known for its stunning landscapes and thriving economy, offers a diverse range of real estate opportunities. From modern Calgary apartments for rent to single-family homes, the city’s rental market is nothing short of dynamic. However, navigating this industry requires a keen understanding of local trends, tenant expectations, and effective property management strategies.

As a property owner, you want your Calgary rentals to be in high demand, minimizing vacancies and maximizing returns. This is where a proficient Calgary property management company comes into play, ensuring your investment is well-maintained and your tenants are satisfied.

 

Must-Have Features: What Makes a Great Property Management Company?

 

Selecting the right property management company is one of the most crucial decisions for any landlord or real estate investor. In a dynamic market like Calgary, where the demand for rentals is high, the right partner can significantly enhance the value of your investment. Here’s an expanded look at the essential features to consider when evaluating property management companies in Calgary and figuring out which one you should be teaming up with:

 

1. Experience and Reputation

 

Experience and reputation are the cornerstones of a trustworthy property management company. A company with a solid track record in Calgary property management brings invaluable insights and services. Their expertise in handling Calgary rentals, whether it’s apartments for rent or single-family homes, ensures that they understand the local market conditions and intricacies. Look for positive client reviews and a history of managing properties similar to yours. A reputable company will have a proven history of minimizing vacancies and maximizing rental income.

 

Emerald - Client Review

 

 

2. Comprehensive Services 

 

Beyond extensive market knowledge, a great company should offer a wide range of services to cover every aspect of property management. This includes tenant screening, rental agreement management, maintenance, and repairs. Comprehensive services ensure that every detail of your property is handled professionally, giving you peace of mind throughout your journey. From advertising your Calgary apartments for rent to conducting thorough background checks on potential tenants, a full-service company alleviates the burden off of property owners’ shoulders.

 

3. Effective Communication 

 

In property management, communication is key. A company should provide clear and responsive communication, keeping you informed with regular updates and being easily accessible to address any concerns. Whether it’s a minor maintenance issue or a significant change in tenancy, effective communication ensures that property owners are never left in the dark and ultimately leads to happy tenants as well. This transparency builds trust and allows for a proactive approach to property management.

 

4. Financial Management

 

Financial transparency is vital for understanding the health of your investment. A competent property management company will provide detailed income and expense reports, helping you track the financial performance of your Calgary rentals. They should be adept at budgeting, ensuring expenses are managed efficiently and rental income is optimized. By providing clear financial reports, they empower you to make informed decisions about your property portfolio all throughout the rental process.

 

5. Tenant Management

 

Efficient tenant management is crucial for maintaining a harmonious rental environment. This includes thorough tenant screening, seamless onboarding processes, and effective dispute resolution. A company that excels in tenant management will reduce turnover rates and increase satisfaction. By ensuring that only qualified and reliable tenants occupy your Calgary rental, they protect your investment and enhance your property’s reputation.

 

6. Maintenance and Repairs 

 

A reliable property management company should have a robust system for handling maintenance requests promptly. Regular maintenance not only preserves the condition of your property but also enhances tenant satisfaction. By having a network of trusted contractors and a streamlined process for addressing repairs, they ensure your Calgary rental remains in excellent condition, thereby preserving its value.

 

Emerald Management

 

 

7. Legal Knowledge 

 

Understanding the legal landscape is essential for property management. A good company will have a thorough understanding of local, provincial, and federal laws to avoid legal pitfalls and ensure compliance with all regulations. This includes everything from adhering to landlord-tenant laws to ensuring safety standards are met, which is crucial for avoiding costly legal disputes.

 

8. Technology Integration

 

In today’s digital age, technology plays a significant role in property management. Modern property management software can streamline operations, from rent collection to maintenance requests. By integrating technology, companies can enhance efficiency, reduce manual errors, and provide a more seamless experience for both landlords and tenants.

 

9. Marketing Expertise 

 

No landlord is a fan of vacancies—and effective marketing strategies are essential for minimizing vacancy periods. A company with strong marketing expertise will ensure your Calgary apartments for rent are visible to the right audience. By utilizing online platforms, social media, and traditional marketing methods, they can attract potential tenants and keep your properties occupied by the right people.

 

10. Excellent Customer Service 

 

Exceptional customer service fosters long-term relationships with both property owners and tenants. A company that prioritizes customer service will see higher satisfaction rates and reduced turnover. By being attentive to the needs of their clients, they build trust and ensure that tenants feel valued and supported.

 

11. Crisis Management 

 

Emergencies and unexpected situations can arise at any time. A property management company with strong crisis management skills provides peace of mind, knowing that your property is in capable hands. Whether it’s a sudden repair or a tenant issue, their ability to manage these situations effectively minimizes potential damage and disruption.

 

12. Insurance and Risk Management 

 

Finally, a good property management company should have knowledge of appropriate insurance coverage to protect your investment. They should also be adept at managing potential risks, ensuring that your property and income are safeguarded against unforeseen events.

 

The Importance of Choosing the Right Partner 

 

In the competitive landscape of rentals in Calgary, choosing the right property management company is crucial. By considering these essential features, landlords can find a property management company that not only meets their needs but also enhances the value and success of their Calgary rentals.

 

Emerald Property Management: Leading the Way in Calgary 

 

When it comes to Calgary property management, Emerald Property Management stands out as a beacon of excellence. With a reputation for delivering top-notch services, Emerald ticks all the boxes of what a great property management company should be. Our team of experienced professionals is dedicated to managing every detail of your investment, allowing you to enjoy the benefits without the stress.

 

Why Emerald Property Management is Your Best Choice 

 

Emerald Property Management’s approach to Calgary rentals is inspired by our commitment to provide unparalleled service & results for each and every client.

✅ Over 40 Years of Experience

✅ Diverse Property Portfolio

✅ Comprehensive Property Management Services

✅ Voted the Top Choice for Property Management Services in Calgary Six Years Running

✅ Upholding Long-term Profitability and Risk Minimization

✅ Recognized By Industry Leaders

✅ A Family-Owned and Operated Company

 

Write Your Success Story with Emerald Property Management in Calgary

 

Your investment in Calgary’s real estate deserves the best care possible. By partnering with Emerald Property Management, you’re choosing a company that values your success and works tirelessly through the entire process to achieve it.

With us, you can transform your investment into a thriving success story.

Reach out today and let our expert team guide you through every step of the property management journey.

Check out our other blogs for more expert tips:


Essential Services Offered by Rental Management Companies in Calgary: What You Need to Know

 

What if you could reap all the incredible benefits of being a rental property owner without having to lift a finger

Here’s the good news: you can. 

Whether it’s chic Calgary apartments for rent or other Calgary rentals, expert property management is the solution to streamlining the entire process.

Property management companies in Calgary shine through by offering indispensable services to both property owners and tenants. Among the companies in this industry, Emerald Property Management takes the lead—offering top-tier solutions that enable you to simply sit back and watch your property reach its maximum potential. 

 

Table of Contents | Essential Services Offered by Rental Management Companies in Calgary: What You Need to Know 

 

Understanding the Role of Property Management Companies

 

 

First, let’s unfold what property management entails. At its core, it’s the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. 

Calgary property management companies are here to act as the intermediary between property owners and tenants, ensuring the smooth operation of properties—whether it’s apartments for rent in Calgary or commercial Calgary rentals.

 

 

Complete Range of Services by Emerald Property Management

 

Navigating the complex world of property management in Calgary can seem daunting for both property owners and tenants—and it may even deter the former from venturing into this rewarding industry.

Emerald Property Management is here to simplify it all with a comprehensive array of services designed to streamline and enhance the property management experience. From HOA management to 24-hour emergency services, our offerings cover every aspect of property management. Our team ensures peace of mind and profitability for property owners, and a comfortable, hassle-free living experience for tenants.

 

Our Calgary Property Management Services 

Service

Description

HOA Management

As one of the leading property management companies in Calgary, Emerald Property Management provides expert services for Homeowners Associations (HOAs), seeing to it that communities are well-maintained and residents live harmoniously under established guidelines.

Professional Asset Management

We take a strategic approach to Calgary property management, maintaining and enhancing the value of your property to keep it competitive and lucrative in the Calgary rental market.

Advertisements of Your Rental Property

With a keen understanding of market dynamics, Emerald strategically advertises your property to attract the right tenants, ensuring that your apartments for rent in Calgary or other property types don’t remain vacant.

Receiving Leasing Inquiries

As the first point of contact for all leasing inquiries, we ensure potential tenants’ questions about apartments in Calgary are answered promptly and professionally.

Showing Your Rental Property to Prospective Tenants

Property showings are conducted to present your Calgary rentals in the best light, significantly increasing the chances of leasing.

Reviewing Rental Applications

All rental applications are meticulously reviewed to ensure that only the most qualified tenants are considered for your Calgary apartments for rent or other property types. 

Performing Credit Checks

Comprehensive credit checks on potential tenants are conducted to assess their financial reliability, safeguarding your investment in the competitive Calgary rental market.

Preparing Lease Agreements

Preparation of legally compliant rental agreements is handled to ensure that both parties’ interests are protected.

Placing Security Deposits in Trust

Security deposits for your apartment for rent in Calgary are managed with utmost integrity, placing them in trust accounts as per regulations.

Transferring Utilities Payments and Bills

The seamless transfer of utilities payments and billing responsibilities is facilitated, ensuring no detail is overlooked in managing your properties. 

Preparing Inspection Reports

Detailed inspection reports are prepared to document the condition of the property at move-in and move-out, protecting your investment over the long term.

Collection and Eviction Proceedings

In the rare event of payment issues or lease violations, the collection process and, if necessary, eviction proceedings are managed, adhering strictly to legal requirements.

Rent Collection

Rent collection is streamlined, ensuring timely payments for your Calgary rent through efficient systems and follow-ups.

Debit Card Payment for Easy Revenue Transfer

Modern payment solutions, such as debit card payments, are offered to make revenue transfer convenient for tenants renting in Calgary.

Pre-Authorized Payments

For ease and consistency, tenants can opt for pre-authorized payments. As a result, rent is paid promptly each month, enhancing the experience of Calgary rentals.

Direct Deposit Services

Property owners benefit from direct deposit services—experience quick and hassle-free transfer of funds from their Calgary apartments for rent or other property types. 

Monthly Statement and Reports

Detailed monthly statements and reports are provided, offering transparency and insights into the financial performance of your property within the Calgary property management landscape.

Non-Resident Tax Remittance

For non-resident property owners, the complexities of tax remittance are handled, guaranteeing compliance with Canadian tax laws while managing Calgary rentals.

Annual Insurance Review

Annual reviews of your property’s insurance coverage are conducted, ensuring that your asset remains well-protected against unforeseen events in the Calgary rental market.

Preventative Maintenance

A focus on preventative maintenance means potential issues are addressed before they become problems, preserving the value and functionality of your property, whether it’s a single apartment or multiple apartments in Calgary.

24 Hour Emergency Services

Understanding that emergencies don’t follow business hours, 24-hour emergency services are offered to ensure urgent issues are resolved promptly, day or night, benefiting all stakeholders involved in Calgary property management.

 

Why Choose Emerald Property Management? 

 

Looking for the team that takes the lead among property management companies in Calgary?

That’s us. 

Choosing Emerald Property Management means embarking on a hassle-free journey in the Calgary real estate market. Whether it’s commercial rentals in Calgary or apartments in Calgary, Emerald’s comprehensive services ensure your real estate investments are profitable, well-maintained, and legally compliant. Our dedication to excellence and detail-oriented approach sets us apart—-and that’s why we’re the preferred choice for property management in Calgary.

 

 

Property Management

 

 

Now Is the Time to Make the Calgary Rental Process Easier Than Ever

 

In a vibrant city where the demand for quality apartments for rent in Calgary or other rental types is on the rise, the role of property management companies becomes even more essential to thriving in this industry. 

Emerald Property Management’s wide array of services offers a one-stop solution for property owners and tenants—offering the expertise, care, and attention to detail that you deserve.

Discover more about our rental management services and reach out to us today to get started! 

Check out our other articles for more expert insights:


Emerald Management: Why This Company Stands Out in Calgary’s Rental Scene

 

When it comes to property management companies in Calgary, there’s one gem that truly stands out—and it’s Emerald Property Management.

Whether you’re seeking apartments for rent in Calgary or looking for expert management of your property, Emerald Property Management shines bright as a beacon of reliability and comprehensive services. Let’s explore why this family-owned and operated company is taking the lead in the Calgary rentals scene. 

 

Table of Contents | Emerald Management: Why This Company Stands Out in Calgary’s Rental Scene 

  • What is Property Management?  
  • 7 Reasons We Shine Among Property Management Companies in Calgary
  • Over 40 Years of Experience
  • Diverse Property Portfolio
  • Comprehensive Property Management Services
  • Voted the Top Choice for Property Management Services in Calgary Six Years Running
  • Upholding Long-term Profitability and Risk Minimization
  • Recognized By Industry Leaders
  • A Family-Owned and Operated Company
  • Unlock New Possibilities with Emerald Management 

 

What is Property Management? 

 

Property management is the art and science of overseeing real estate properties on behalf of their owners. This service encompasses a wide range of responsibilities, including marketing available rentals, screening potential tenants, managing rental agreements, conducting maintenance, and handling financial reporting.

By acting as a bridge between landlords and tenants, property management companies ensure that properties are well-maintained and that both parties enjoy a smooth rental experience. Given Calgary’s dynamic rental market, property management is particularly vital. Expertise and attention to detail can significantly enhance the satisfaction of property owners and tenants alike.

 


7 Reasons We Shine Among Property Management Companies in Calgary
 

1. Over 40 Years of Experience


With over four decades of experience in the Calgary property management industry, Emerald Property Management has honed its expertise to deliver exceptional service that’s second to none.

This wealth of experience means we understand the unique nuances of the Calgary rental market and are adept at navigating its challenges. For anyone searching for apartments in Calgary or managing a property, this depth of knowledge offers unparalleled peace of mind.


2. Diverse Property Portfolio


Emerald Property Management manages a vast array of property types, enabling us to cater to a wide range of client needs. From apartments, single and multi-family homes, and condominiums to duplexes, townhomes, and commercial properties—we can handle it all. Whether you’re seeking tenants for an apartment for rent in Calgary or need management services for a complex commercial property, Emerald is the MVP that can set your property up for success.


3. Comprehensive Property Management Services


Emerald Property Management offers a wide range of residential property management services for Calgary owners. Our services are designed to cover every aspect of property management, from tenant screening and rental agreement management to maintenance and financial reporting.

This comprehensive approach ensures that both property owners and tenants enjoy a seamless experience in the Calgary rental market. All you have to do is sit back—and watch your property reach its maximum potential. 

 

Our Core Services

Access to Professionals

Professional asset management

Certified Property Managers (CPM®)

Advertisements of your rental property

Certified Managers of Condominiums (CMOC®)

Receiving leasing inquiries

On-site Resident Managers

Showing your rental property to prospective tenants

Licensed Leasing Agents

Reviewing rental applications

Accounting Personnel

Performing credit checks

Collection Agents

Preparing lease agreements

Administrative Personnel

Placing security deposits in trust

Maintenance Director

Transferring utilities payments and bills

Maintenance Coordinator

Preparing inspection reports

Maintenance Personnel

Collection and eviction proceedings

 

Rent collection

 

Debit card payment for easy revenue transfer

 

Pre-Authorized Payments

 

Direct deposit services

 

Monthly statement and reports

 

Non-resident tax remittance

 

Annual insurance review

 

Preventative maintenance

 

24 hour emergency services

 

 

4. Voted the Top Choice for Property Management Services in Calgary Six Years Running 


Emerald Property Management has proudly been recognized as the top choice for property management services in Calgary for six consecutive years. This accolade reflects our unwavering dedication to excellence and our commitment to providing outstanding service to both property owners and tenants. 

Among the many property management companies in Calgary, Emerald stands out for its personalized approach and deep understanding of the Calgary property management landscape. Our reputation is built on years of trust and satisfaction, making us a preferred partner for those seeking reliable management of Calgary rentals. Whether you’re on the hunt for the best tenants to occupy your apartments for rent in Calgary or require expert management of your investment, Emerald Property Management’s consistent recognition as a leader in the industry ensures you’re in the best hands.


5. Upholding Long-term Profitability and Risk Minimization


Emerald’s primary goal is to help property owners realize the long-term profitability of their investments. We focus on minimizing risk through a selective, conservative, and knowledgeable approach to property management and development. By choosing our team as a partner, property owners can rest assured that their investments are in capable hands that consistently enhance the appeal of Calgary apartments for rent and other rentals in Calgary. 


6. Recognized By Industry Leaders 


Emerald Property Management’s credibility is backed by its recognition from prestigious organizations, including the following:

  • Real Estate Institute of Canada (REIC)
  • National Association of Condominium Managers (NACM)
  • Calgary Residential Rental Association (CRRA)
  • Canadian Condominium Institute (CCI)
  • Accredited Condominium Manager of Canada (ACMA)
  • Canadian Association of Family Enterprises (CAFÉ)
  • Real Estate Council of Alberta (RECA)
  • Institute of Real Estate Management (IREM). 

 

These affiliations reflect our commitment to maintaining the highest standards in Calgary property management.


7. A Family-Owned and Operated Company


As a family-owned and operated property management company in Calgary, Emerald Property Management brings a personal touch to each and every service. Our dedication to the community and a client-centred approach make us a trusted partner in the Calgary rental market. We genuinely care about the satisfaction of both property owners and tenants, fostering a welcoming and supportive environment for all.

 

 


Unlock New Possibilities with Emerald Management

 

Start reaping unparalleled benefits as a property owner of Calgary rentals.  

Team up with Emerald Property Management—a true gem that stands out among property management companies in Calgary thanks to its extensive experience, diverse property management expertise, comprehensive services, and commitment to long-term profitability. 

Whether it’s Calgary apartments for rent or condominium properties, Emerald Property Management is your go-to partner for success in the Calgary rental scene.

Learn more about our rental management services. Talk to us today to get started. 

Read our other blogs for more expert insights:

 


The Rise of Real Estate Property Management: Trends in Calgary’s Rental Market

Welcome to the evolving world of Calgary’s rental market—where property rental companies play a pivotal role. 

With the city’s growth accelerating, rental property management in Calgary is becoming increasingly essential as it optimizes investments and enhances tenant experiences.  

Let’s explore the current rental trends and how the insights and services of rental property management companies in Calgary can help property owners navigate the market with confidence. Whether you’re seeking the best place to buy rental property in Calgary or looking to streamline your portfolio, understanding these trends is key to maximizing your investment potential.

Keep reading to discover the ultimate guide of Emerald Management—one of the leading property rental companies in Calgary

Table of Contents | The Rise of Real Estate Property Management: Trends in Calgary’s Rental Market 

  • Rental Market Trends and How to Navigate Them with Property Rental Companies in Calgary
  • Investment Surge in Calgary’s Rental Market
  • Significant Commercial Real Estate Investment 
  • Multi-Residential Property Investment Boom
  • Recent Trends in Rental Prices
  • Slight Decrease in Rental Prices
  • Current Rental Prices by Unit Type
  • Tightening Vacancy Rates
  • Supply and Demand Dynamics 
  • National Increase in Asking Rents
  • Demand for Rental Assistance

  • What’s the Best Place to Buy Rental Property in Calgary?
  • Beltline
  • Bridgeland
  • Kensington
  • Inglewood
  • Mission
  • Eau Claire
  • Altadore

  • Maximize Your Investment: Partner with One of the Leading Property Rental Companies in Calgary


Rental Market Trends and How to Navigate Them with Property Rental Companies in Calgary 


Investment Surge in Calgary’s Rental Market 

Investment in Calgary’s rental properties nearly doubled in the first half of 2024, spurred by the city’s rapidly growing population and rising rent prices, according to experts.


Significant Commercial Real Estate Investment 


Calgary experienced its third-highest six-month period of commercial real estate investment since 2013, with marked
interest in rental properties and industrial land.


Multi-Residential Property Investment Boom 


Calgary witnessed
$525 million in multi-residential property investments, representing a 93% increase compared to the previous year. This comes as rental prices begin to stabilize after two years of steep increases.


Recent Trends in Rental Prices 


In July,
the average rent in Calgary reached $2,111, marking a 4% annual increase—the lowest in two years. This contrasts sharply with the 18.4% increase from July 2022 to July 2023, which had been one of Canada’s highest rates. 

Rental property management companies in Calgary can assist property owners in adjusting to these fluctuations, ensuring competitive pricing strategies and tenant satisfaction. 


Slight Decrease in Rental Prices 


A recent Rentals.ca report noted a
1% year-over-year drop in Calgary’s average rental price in August 2024, marking the first decline since February 2021. This change follows months of annual increases exceeding 8%. With Calgary property rental services, you can navigate these market adjustments more effectively, as these experts leverage data-driven insights to retain tenants and maintain profitability.


Current Rental Prices by Unit Type 


As of August, the
average rent for a studio apartment was less than $1,500, a one-bedroom unit in Calgary was just under $1,800, and a two-bedroom exceeded $2,200.

Engaging with rental property management in Calgary ensures that property owners have access to the latest market data and rental trends, helping them set optimal rental rates that attract tenants.


Tightening Vacancy Rates 


The Canada Mortgage and Housing Corporation (CMHC) reported
Calgary’s vacancy rate fell from 2.7% in 2022 to 1.4% in 2023, creating a favourable climate for investors. Concurrently, the city’s population surged nearly 6% over the past year.It’s projected to tighten further to 1.1% in 2024, continuing to set record-low levels.

Property rental companies in Calgary can assist in reducing vacancy times and improving tenant retention through strategic marketing and comprehensive management services.


Supply and Demand Dynamics 


The
demand for rental properties in Calgary continues to outstrip supply, even with significant gains in housing starts. Between July 2023 and July 2024, housing starts jumped 52%, far surpassing the national average of 8%.


National Increase in Asking Rents 


Across Canada,
asking rents for residential properties rose by 3.3% in August, hitting an average of $2,187.

Calgary property rental services can help align local property strategies with national trends, ensuring that property owners achieve optimal outcomes in rental pricing and lease agreements.


Demand for Rental Assistance 


Over 6,800 individuals were on the Calgary Housing Company’s waitlist for
rental assistance last month, highlighting the ongoing need for affordable housing solutions.

By collaborating with rental property management in Calgary, property owners can explore opportunities to contribute to affordable housing while maintaining profitable operations.

 

What’s the Best Place to Buy Rental Property in Calgary? 

 

Where oh where, will your next shiny investment be located? 

When considering the best place to buy rental property in Calgary, it’s important to focus on areas that offer a combination of high demand, good amenities, and potential for appreciation. 

Below, you’ll discover some neighbourhoods that are often regarded as attractive for rental property investment. In addition, we’ll also provide a snapshot of the average rental prices in each neighbourhood, which can help guide your investment decisions. 

Note: All figures below are average prices only. For the most current and precise data, checking local listings and consulting with real estate professionals is advisable.

 

1. Beltline  

 

  • Overview: Known for its vibrant urban lifestyle, Beltline is adjacent to downtown Calgary and offers a mix of residential, commercial, and entertainment venues.
  • Attractions: Proximity to amenities, restaurants, shops, and public transit makes it highly desirable for young professionals and renters.

 

Unit Type

Average Rent

Studio

$1,200 – $1,500

One Bedroom

$1,500 – $2,200

Two Bedroom

$2,000 – $2,800


2. Bridgeland 

 

  • Overview: This trendy neighbourhood combines a small-town feel with urban convenience. It has a strong sense of community and offers a mix of new developments and older homes.
  • Attractions: Easy access to downtown, boutique shops, cafes, and parks increase its appeal.

 

Unit Type

Average Rent

Studio

$1,100 – $1,400

One Bedroom

$1,400 – $2,000

Two Bedroom

$1,800 – $2,500


3. Kensington 

 

  • Overview: Another area that shines bright as the best place to buy rental property in Calgary is Kensington. Known for its eclectic vibe, this lively community offers a mix of culture, shopping, and dining options.
  • Attractions: The area is popular with young professionals and students due to its proximity to the University of Calgary and Southern Alberta Institute of Technology (SAIT). 

 

Unit Type

Average Rent

Studio

$1,200 – $1,500

One Bedroom

$1,600 – $2,100

Two Bedroom

$2,000 – $2,600


4. Inglewood
 

  • Overview: As Calgary’s oldest neighbourhood, Inglewood offers a unique character with historic homes and new developments. 
  • Attractions: Known for its arts and culture scene, it’s close to downtown and offers plenty of entertainment and dining options.

 

Unit Type

Average Rent

Studio

$1,100 – $1,400

One Bedroom

$1,500 – $2,000

Two Bedroom

$1,900 – $2,500


5. Mission
 

  • Overview: A fashionable and historic area, Mission offers riverside living with an array of amenities and services.
  • Attractions: Close to the Elbow River, it features parks, pathways, and is just a short commute to downtown.

 

Unit Type

Average Rent

Studio

$1,200 – $1,500

One Bedroom

$1,600 – $2,200

Two Bedroom

$2,100 – $2,800


6. Eau Claire
 

  • Overview: Located next to the Bow River, Eau Claire is known for its blend of luxury condos and access to outdoor spaces.
  • Attractions: Proximity to Prince’s Island Park, the river pathway, and downtown amenities make it attractive to renters seeking a mix of nature and city life.

 

Unit Type

Average Rent

Studio

$1,400 – $1,800

One Bedroom

$1,800 – $2,500

Two Bedroom

$2,400 – $3,200


7. Altadore
 

  • Overview: A family-friendly neighbourhood with a mix of modern infill homes and older properties. With such duality, many people regard it as the best place to buy rental property in Calgary.  
  • Attractions: Close to schools, parks, and the Marda Loop shopping district, it’s popular with families and young professionals.

 

Unit Type

Average Rent

Studio

$1,100 – $1,400

One Bedroom

$1,500 – $2,100

Two Bedroom

$2,000 – $2,600

 


Maximize Your Investment: Partner with One of the Leading Property Rental Companies in Calgary  

 

As the rental market in Calgary continues to evolve, navigating its complexities can be daunting. That’s where Emerald Management comes in. 

As one of the leading rental property management companies in Calgary, we provide services to help property owners stay ahead of market trends and maximize the profitability of their investments. Our tailored approach to rental property management in Calgary ensures your properties are not just managed, but optimized for success.

Whether it’s setting competitive rental rates, attracting quality tenants, or maintaining your property’s value, Emerald Management has the expertise you can always count on.

Contact us today and let us transform your property into a thriving investment with ease and efficiency. Discover more about our rental management services

Read our other blogs for more helpful insights:


1 2 3 16