Elbow Park

Neighbourhood in Calgary · Alberta · Population 2,650

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Housing and jobs

Housing costs, rents, incomes and jobs in Elbow Park, with comparisons and sources.

Affordability

26 · Below average

Average monthly rent$1,800/month

Calgary: $1,404/month · Canada: $1,209/month · 2006: $1,265/month (estimated) · 2016: $1,263/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,438/month

City-wide figure for Calgary · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,581/month

City-wide figure for Calgary · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,908/month

City-wide figure for Calgary · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,118/month

City-wide figure for Calgary · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.5%

City-wide figure for Calgary · CMHC, 2025

Median dwelling value (owner-estimated)$1,442,393

Calgary: $456,000 · Canada: $472,000 · Estimated · 2016: $1,550,153 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing15.7%

Calgary: 22.9% · Canada: 20.9% · 2006: 11.7% (estimated) · 2016: 12% (estimated) · Statistics Canada, 2021

Economy

53 · Average

Median household income$267,954

Calgary: $98,000 · Canada: $84,000 · Estimated · 2006: $196,700 (estimated) · 2016: $336,510 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)5.5%

Canada: 5.2% · City-wide figure for Calgary · Statistics Canada, 2021

Unemployment rate8.8%

Calgary: 12.5% · Canada: 10.3% · 2006: 2.9% (estimated) · 2016: 7.3% (estimated) · Statistics Canada, 2021