Gathering the latest market data
Compare vacancy rates and average rents across nearby areas.
Updated September 2026
As of September 2026, the rental vacancy rate in University is 3.8%, based on Real-IQ's daily tracking of 269 active listings. That is close to the roughly 3% rate CMHC considers a balanced market, with supply and demand relatively even.
Average asking rent in University currently sits at $1,199 for a studio, $1,262 for a one-bedroom, $1,812 for a two-bedroom. These figures refresh every 24 hours from live listings, so they reflect what tenants are being asked to pay today — not a survey taken months ago.
| Unit Type | Average Asking Rent |
|---|---|
| Studio / Bachelor | $1,199 |
| 1 Bedroom | $1,262 |
| 2 Bedroom | $1,812 |
As of September 2026, the rental vacancy rate in University is 3.8% according to Real-IQ's daily tracking of 269 active listings. That is close to the roughly 3% rate CMHC considers a balanced market, with supply and demand relatively even.
As of September 2026, average asking rent in University is $1,199 for a studio, $1,262 for a one-bedroom, $1,812 for a two-bedroom. These figures are refreshed every 24 hours from active rental listings.
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With a vacancy rate of 3.8%, University is currently a balanced market. That is close to the roughly 3% rate CMHC considers a balanced market, with supply and demand relatively even.
Real-IQ refreshes University vacancy and average-rent figures every 24 hours using active rental listings. That differs from CMHC's Rental Market Report, which is published only once a year and can be several months out of date by the time it is released.
© 2026 Real-IQ Inc. | Calgary, Alberta | Built on CMHC Methodology.