Rent vs Buy Calculator — Calgary
Quick Answer
In Calgary, buying typically beats renting over 5+ years if you plan to stay. With 3% annual appreciation on a $450,000 home, you build roughly $70,000 in equity over 5 years while your housing cost stays fixed.
Calculator
5-Year Comparison
✅ Buying is cheaper over 5 years
💡 What This Means for You
Monthly renting costs $2,000 vs $3,003.20 owning. But owning builds equity — with 3% annual appreciation, your home gains $71,673 in 5 years.
How It Works
The rent vs buy decision depends on your time horizon, local appreciation rates, interest rates, and opportunity cost of your down payment. Calgary's relatively affordable market and historical 3-5% appreciation make buying attractive for 5+ year holds.
Real Calgary Scenarios
Frequently Asked Questions
Is it better to rent or buy in Calgary in 2026?
For most people planning to stay 5+ years, buying makes sense in Calgary. The city offers relatively affordable prices compared to Toronto/Vancouver, and rents have been rising steadily.
How long should I plan to stay to make buying worth it?
Generally 3-5 years minimum. Closing costs and transaction fees (legal, realtor commissions) typically require 3+ years of appreciation and principal paydown to break even.
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