Gathering the latest market data
Compare vacancy rates and average rents across nearby areas.
Updated August 2026
As of August 2026, the rental vacancy rate in University is 4.7%, based on Real-IQ's daily tracking of 304 active listings. That is above the balanced range, meaning renters have more choice and rent growth tends to cool.
Average asking rent in University currently sits at $1,250 for a studio, $1,300 for a one-bedroom, $1,850 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 | $1,250 |
| 1 Bedroom | $1,300 |
| 2 Bedroom | $1,850 |
As of August 2026, the rental vacancy rate in University is 4.7% according to Real-IQ's daily tracking of 304 active listings. That is above the balanced range, meaning renters have more choice and rent growth tends to cool.
As of August 2026, average asking rent in University is $1,250 for a studio, $1,300 for a one-bedroom, $1,850 for a two-bedroom. These figures are refreshed every 24 hours from active rental listings.
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With a vacancy rate of 4.7%, University is currently a renter's market. That is above the balanced range, meaning renters have more choice and rent growth tends to cool.
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 That differs from CMHC's Rental Market Report, which is published only once a year and can be several months out of date by the time it is released.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.