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 Varsity is 6.5%, based on Real-IQ's daily tracking of 79 active listings. That is well above the roughly 3% balanced range, pointing to a renter-favourable market with ample availability and softening rents.
Average asking rent in Varsity currently sits at $1,285 for a studio, $1,399 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 | $1,285 |
| 1 Bedroom | $1,399 |
| 2 Bedroom | $1,850 |
As of August 2026, the rental vacancy rate in Varsity is 6.5% according to Real-IQ's daily tracking of 79 active listings. That is well above the roughly 3% balanced range, pointing to a renter-favourable market with ample availability and softening rents.
As of August 2026, average asking rent in Varsity is $1,285 for a studio, $1,399 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 6.5%, Varsity is currently a renter's market. That is well above the roughly 3% balanced range, pointing to a renter-favourable market with ample availability and softening rents.
Real-IQ refreshes Varsity 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 That differs from CMHC's Rental Market Report, which is published only once a year and can be several months out of date by the time it is released.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.