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 Westwood is 2.6%, based on Real-IQ's daily tracking of 53 active listings. That is below the roughly 3% mark CMHC considers balanced, so availability is limited and conditions modestly favour landlords.
Average asking rent in Westwood currently sits at $1,042 for a studio, $1,150 for a one-bedroom, $1,479 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 | $1,042 |
| 1 Bedroom | $1,150 |
| 2 Bedroom | $1,479 |
As of August 2026, the rental vacancy rate in Westwood is 2.6% according to Real-IQ's daily tracking of 53 active listings. That is below the roughly 3% mark CMHC considers balanced, so availability is limited and conditions modestly favour landlords.
As of August 2026, average asking rent in Westwood is $1,042 for a studio, $1,150 for a one-bedroom, $1,479 for a two-bedroom. These figures are refreshed every 24 hours from active rental listings.
With a vacancy rate of 2.6%, Westwood is currently a landlord's market. That is below the roughly 3% mark CMHC considers balanced, so availability is limited and conditions modestly favour landlords.
Real-IQ refreshes Westwood 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 That differs from CMHC's Rental Market Report, which is published only once a year and can be several months out of date by the time it is released.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.