Calgary

As of May 2026, Calgary, Banff, Canmore have 3,898 active Airbnb and VRBO listings. This represents a 5% decrease from the previous year.

The average Airbnb or VRBO in Calgary generates C$30K per year. High-performing properties earn C$67K/year, while low-performing properties earn C$12K/year. The significant spread between top-tier and average earners suggests that market success is heavily skewed toward a small segment of listings rather than uniform performance across the city.

Airbnb and VRBO can be profitable in Calgary. Average annual revenue is C$30K with 41% occupancy. High-performing properties earn up to C$67K/year. The gap between the average and the top performers highlights a market where revenue potential is highly polarized despite stable supply levels.

The average occupancy rate for Airbnbs and VRBOs in Calgary is 41%. This occupancy level, combined with an average nightly rate of C$193, results in a RevPAR (revenue per available room) of C$57 per day.

4+ bedroom properties demonstrate the strongest performance in Calgary, with annual revenue of C$61K. These properties balance operating costs and rental demand most effectively in the Calgary market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Calgary area. Calgary: Lenient. Business license required, zoning compliance needed. Light enforcement, many operate without permits. Banff: Strict. Owner-occupancy mandatory, employee housing priority, very limited permits. Active enforcement due to housing crisis. Canmore: Strict. Owner-occupied only, 90-day annual cap for non-principal residences, business license required. Active enforcement with significant fines. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Calgary Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 5% year-over-year, while RevPAR has decreased 6%. This indicates balanced supply-demand dynamics. The synchronized contraction in both supply and revenue suggests the market is adjusting to a lower equilibrium without extreme volatility.

Launch around April, 2-3 months before peak summer season (July peaks). This pre-peak timing lets you build reviews when competition is 27% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (November-January) when gaining traction is harder.

The most common amenities in Calgary listings include: Kitchen (97%), Tv (95%), Washing Machine (90%), Heating (86%), Parking (67%). Amenities that boost revenue the most include Hot Tub, Air Conditioning, Bbq, with Hot Tub properties earning approximately 56% more (C$65K/year vs C$42K/year).

Monthly estimated revenue per listing in Calgary over the last 12 months: May: C$1K, June: C$2K, July: C$4K, August: C$3K, September: C$2K, October: C$2K, November: C$1K, December: C$1K, January: C$952, February: C$920, March: C$1K, April: C$1K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Calgary is C$193, up 16% year-over-year. By property size: 1-bedroom properties average C$131/night, 2-bedroom properties average C$167/night, 3-bedroom properties average C$253/night, 4+ bedroom properties average C$381/night. Rates peak in July and are lowest in January.

Guests in Calgary book an average of 31 days in advance, down 14% from last year. By property size: 1-bedroom: 27 days, 2-bedroom: 30 days, 3-bedroom: 33 days, 4+ bedroom: 39 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Calgary Airbnb and VRBO market has seen the following changes: supply declined 5%, revenue per listing decreased 6%, occupancy fell 5%, average nightly rates increased 16%, and lead time decreased 14%. Rising rates paired with falling occupancy and shorter booking windows indicate a shift toward more opportunistic, short-notice travel patterns.

In Calgary, Saturday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Saturday and are lowest on Monday. Weekends show 26% higher occupancy than weekdays.