Calgary, Canada’s third-largest city, draws buyers seeking a metropolitan lifestyle at prairie prices. With a diverse local economy supported by energy, agriculture and growing technology sectors, the city offers strong employment options and a variety of neighbourhoods to suit families, professionals and first-time buyers.
- The 50 best neighbourhoods in Calgary
- Closer look at the top three neighbourhoods
- Real estate trends in Calgary
- Methodology
- The table highlights the top 50 Calgary neighbourhoods by overall score. For the full dataset covering all 155 Calgary neighbourhoods, see the neighbourhood data page referenced in the methodology.
- Benchmark price 2023: The composite benchmark price for 2023 combining detached, attached and apartment units.
- 1-year, 3-year and 5-year growth: Percentage change in the composite benchmark price over each timeframe.
- Value, economics and accessibility: Each neighbourhood is scored from 0 to 5: higher scores indicate better value for money, stronger local household economics (income and education) and easier access by walking, biking and public transit.
- Children: The percentage of households in the neighbourhood with children.
- National overview of top cities in 2024
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- Top neighbourhoods in the Greater Toronto Area
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- Top neighbourhoods in Vancouver, B.C.
- Top neighbourhoods in Metro Vancouver
- All neighbourhood data for 2024
- Find current mortgage rates and compare five-year fixed and five-year variable options.
- Use mortgage affordability and payment calculators to estimate what you can afford and monthly costs.
- Calculate penalties for breaking or renewing a mortgage and read guides for first-time and second-home buyers in Canada.
Best places to buy real estate in Calgary
This table lists the top 50 Calgary neighbourhoods for homebuyers, ranked by combined metrics such as benchmark price, recent price growth, value, local household economics and accessibility. You can compare benchmark prices and growth over one, three and five years, and see neighbourhood-level scores for value, economics and accessibility, along with the share of households with children.
| Rank | Neighbourhood | City | Benchmark price 2023 | 1-year growth | 3-year growth | 5-year growth | Value | Economics | Accessibility | Children (%) |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Patterson | Calgary | $552,006 | -8% | 30% | 12% | 2.8 | 5.0 | 2.3 | 53% |
| 2 | Coach Hill | Calgary | $539,644 | 6% | 3% | 5% | 2.7 | 5.0 | 2.3 | 53% |
| 3 | Cougar Ridge | Calgary | $626,914 | -3% | 16% | 9% | 2.6 | 5.0 | 2.3 | 53% |
| 4 | Tuscany | Calgary | $580,369 | -3% | 10% | 6% | 2.6 | 4.9 | 1.8 | 57% |
| 5 | Scenic Acres | Calgary | $617,960 | -9% | 16% | 9% | 2.5 | 4.9 | 1.8 | 57% |
| 50 | Country Hills | Calgary | $406,691 | -11% | 14% | -13% | 2.8 | 2.9 | 1.7 | 53% |
Source: Calgary Real Estate Board
Top three neighbourhoods in Calgary
Patterson sits on Calgary’s western edge and was developed primarily in the 1980s. The neighbourhood offers wide views across the Bow River Valley, natural grasslands and mature woodlands. Because parts of the area are still under development, buyers who purchase early can sometimes choose finishes and layouts for new homes. In 2023 Patterson’s composite benchmark price was $552,006. While prices eased 8% from 2022, they remain about 30% higher than in 2020, reflecting a strong three-year gain and a value score of 2.8.
Patterson scores high on household economics (5.0), reflecting strong income and education levels and a high rate of home ownership. The neighbourhood appeals to families—about 53% of households include children—and it sits adjacent to Edworthy Park, a popular natural green space. The neighborhood’s streets and topography reduce walkability and transit convenience, which is reflected in an accessibility score of 2.3.
View Patterson real estate listings on Zoocasa.
Located in southwest Calgary, Coach Hill offers convenient access to Bow Trail and an easy commute into the city. The neighbourhood’s 2023 benchmark price was $539,644, up 6% from 2022 and modestly higher over longer horizons. Coach Hill earns a top economics score (5.0) and a solid value score (2.7).
The housing mix includes apartments, townhomes and detached homes, providing options for a wide range of buyers. Mature tree-lined streets and established infrastructure create an attractive setting, and public transit and the nearby 69 Street CTrain station support commuter access to downtown Calgary. The area is also known for its open views toward the city skyline.
View Coach Hill real estate listings on Zoocasa.
On Calgary’s western perimeter, Cougar Ridge overlooks the Rocky Mountains and sits near the Paskapoo Slopes and Canada Olympic Park. Its 2023 benchmark price was $626,914, slightly below 2022 but significantly higher than in 2020 and 2018. The neighbourhood earned a value score of 2.6 and a perfect economics score (5.0).
Cougar Ridge is popular with outdoor enthusiasts because of its proximity to WinSport ski facilities and day-trip access to Kananaskis. Local amenities include shopping and library services, and families are served by a variety of public and private schools, matching the neighbourhood’s family-oriented profile where roughly half of households include children.
View Cougar Ridge real estate listings on Zoocasa.
What’s happened in the Calgary real estate market?
Calgary’s housing market showed notable strength in 2023 compared with most major Canadian markets. The composite benchmark price climbed steadily through the year and reached a record-high $557,400 in November. Over the course of 2023, the city’s benchmark price rose roughly 10% from January to December.
Calgary remains comparatively affordable versus Vancouver and Toronto—often less than half the cost of similar homes in those markets—which has attracted buyers from outside Alberta. That migration and increased buyer interest have contributed to upward pressure on prices.
The market dynamics had varied effects: established homeowners generally gained equity, while many first-time buyers focused on more affordable property types as detached prices rose. According to local agent Mark Neustaedter, apartment condo sales were particularly active in 2023, with condos showing year-over-year sales gains while other segments experienced limited inventory.
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What’s next for real estate in Calgary?
Calgary’s benchmark price continued its momentum into early 2024, reaching a new peak of $557,500 in January, signalling a strong start to the year. With low inventory and ongoing migration into the city, market conditions are likely to remain favourable to sellers in 2024.
Local observers suggest the market could become even busier if interest rates ease. Lower rates would likely encourage move-up buyers and create more activity across market segments—provided additional listings return to the market. Until inventory improves, buyers should expect competition and be prepared to move quickly when a desirable property appears.
Advice from market professionals encourages buyers to prioritize their must-haves and identify acceptable trade-offs, while sellers who price their homes correctly should still find buyers despite the tight supply. At the same time, many sellers may face the challenge of finding their next home when inventory remains constrained.
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Read more about buying a home:
- Mortgage refinance calculator
- Watch: What is mortgage affordability?
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- The best 5-year fixed mortgage rates in Canada
This article was created by Zoocasa.
This article was written by a content partner (Zoocasa) and edited by MoneySense. Zoocasa is a content partner and is wholly owned by eXp World Holdings.
This article is presented by Ratehub.ca.
This editorial content was presented with financial support from an advertiser. The advertiser did not influence the editorial content.