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Cochrane
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Houses for Rent in Cochrane, ON

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Property for Lease in Cochrane Overview

Cochrane Real Estate for Rent

Cochrane, Alberta, offers a diverse rental market featuring apartments, townhouses, and single-family homes. Approximately 85% of properties are owner-occupied, with the remaining 15% available for rent. The housing stock includes a mix of single-detached homes, small apartment buildings, and townhouses. Significant development occurred post-2000, primarily comprising three- and four-bedroom homes. 

As of November 2024, Cochrane, Alberta, has experienced notable shifts in its rental market. The average rent for a two-bedroom apartment stands at approximately $1,995, reflecting a significant increase from previous years. This surge is attributed to heightened demand driven by population growth and limited housing supply. The town's proximity to Calgary and its appeal as a suburban community have further intensified rental pressures. Despite new developments, the vacancy rate remains low, indicating a tight rental market. Prospective tenants should anticipate competitive conditions and potentially higher rental costs in the near future.

 

Rental Price Trends by Property Size in Cochrane

A key factor influencing rental prices in Cochrane is the size and location of the property. As of October 2024, Cochrane, Alberta, has experienced notable rental price trends across various property sizes. The average rent for a one-bedroom apartment is approximately $1,491 per month, while two-bedroom units average around $1,995 monthly. Three-bedroom residences command higher rents, averaging $2,489 per month. These figures reflect a competitive rental market influenced by proximity to Calgary and a growing local population. Prospective tenants should anticipate varying rental costs based on property size and market dynamics.

 

The property's location heavily influences rental prices in Cochrane. Homes in popular neighbourhoods or near essential amenities like schools, public transportation, and shopping typically command higher rents. Additionally, the property's condition, the availability of utilities, and the presence of modern upgrades significantly affect rental rates. These factors contribute to the diverse and competitive rental market in Cochrane.

 

Top Neighbourhood with Best Rentals in Cochrane

Cochrane is home to several highly popular neighbourhoods, each offering unique benefits and amenities that cater to various lifestyles. The best neighbourhoods in Cochrane are known for their blend of community charm, accessibility, and proximity to essential facilities such as schools, parks, shopping centres, and healthcare services. The best neighbourhoods in Cochrane are as follows:

  • Bow Ridge
  • Bow Meadows
  • Cochrane Heights
  • Downtown
  • East End
  • Fireside
  • Gleneagles
  • Glenbow
  • Greystone
  • Heritage Hills
  • Heartland
  • Industrial
  • Jumping Pound Ridge
  • Precedence
  • Riverview
  • River Heights
  • Rolling Range Estates
  • Riviera
  • Rivercrest
  • Riversong
  • Rolling Trails
  • Sunset Ridge
  • Southbow Landing
  • The Quarry
  • The Summit of River Song
  • The Willows
  • Towers Trail
  • West Terrace
  • West Pointe
  • West Valley

 

Rental Price Trends By Property Type in Cochrane

Cochrane offers a diverse selection of rental properties, from residential to commercial. Popular choices include condominiums, apartments, townhouses, and more, catering to various preferences and needs. Rental prices differ based on property type, reflecting the variety and flexibility in the local market.

 

As of November 2024, Cochrane, Alberta, exhibits distinct rental price trends across various property types. One-bedroom apartments average approximately $1,491 monthly, while two-bedroom units are around $1,995 monthly. Three-bedroom residences command higher rents, averaging $2,489 per month. These figures reflect a competitive rental market influenced by proximity to Calgary and a growing local population. Prospective tenants should anticipate varying rental costs based on property size and market dynamics. Potential renters can browse the cost of various types of homes in Cochrane below:

Property Type

Rental Price Range 

Office

CAD 900-CAD 3,500

Commercial

CAD 800-CAD 6,000

 

Avg. Furnished & Unfurnished Rentals in Cochrane

Even your rental house must have all the facilities you like, whether you like your place in Cochrane furnished & unfurnished at rental cost. To know what will be the best fit for you from Cochrane's unfurnished rentals or Cochrane's furnished rentals.


Cochrane Furnished Rentals

If you are new in Cochrane and have no furniture of your own, then looking for the Cochrane rental housing market is the best option for you. You can take a look at the furnished property and additional amenities provided by Cochrane Furnished Rentals.


Cochrane Unfurnished Rentals

Being Canada's fastest rental real estate market, Cochrane is experiencing growth. Cochrane's real estate rental market is booming as more and more people are living in this peaceful city. If you are moving all along with your furniture, then you must not have Cochrane Furnished rentals.

 

Rental Price History in Cochrane

Over the past few years, Cochrane, Alberta, has experienced notable fluctuations in rental prices. As of November 2024, the average rent for an apartment in Cochrane is approximately CAD 1,412 per month, marking a 1% decrease from the previous year. This decline contrasts with the broader trend observed in Alberta, where rental rates have generally been on the rise. The decrease in Cochrane's rental prices may be attributed to factors such as increased housing supply or shifts in local demand dynamics. Despite this recent dip, the town's proximity to Calgary and its appeal as a suburban community continue to influence its rental market. Prospective tenants should remain aware of these trends, as rental rates can vary based on property type, location, and market conditions.

Tenants can also directly explore detailed price trends for each property on Square Yards. Our official website provides comprehensive rental price histories for all listed properties, allowing users to track fluctuations over time. This feature makes it simple to analyse patterns, compare rental options, and confidently choose the best fit for their needs.

 

Best Areas / Communities for Renal Properties in Cochrane

Some of the best localities or areas for rental properties in Cochrane are as follows:

  • Downtown Cochrane
  • Glenbow
  • Cochrane Heights
  • East End
  • Cochrane Industrial Park
  • Riverview
  • West Valley
  • Bow Meadows
  • Towers Trail

 

Pet-Friendly Rental Homes Options in Cochrane

You can easily find pet-friendly apartments in Cochrane after seeing the listing below. The homes for rent with a pet in Cochrane are easy to find as there are parks available for pets, accessible areas, and several recreational places. Thus, Cochrane pet-friendly rental houses are easy to find.

 

Rental Homes Count with 1+ Parking Available in Cochrane

You can find several rental homes with parking in Cochrane, from 1 bedroom to up to 3 bedrooms. Different landlords have various eligibility criteria apart from seeing the legal documents of the tenants. Landlords can offer apartments with extra parking space in Cochrane, and additional benefits. You can check the listing of Cochrane homes for rent with parking.

 

Rental Demographics

As of 2021, Cochrane, Alberta, had a population of 32,200 residents, with an average age of 39.4 years. The town comprises 12,095 households, of which 16.3% are renter-occupied, indicating a modest rental market presence. The median household income is $113,000, with an after-tax median of $96,000, suggesting a relatively affluent community. Regarding housing types, 59.8% are single-detached homes, while 40.2% are attached homes, including apartments and townhouses. 

 

This distribution reflects a diverse housing stock catering to various preferences. The rental market is influenced by proximity to Calgary, population growth, and housing availability, contributing to a competitive environment for prospective tenants.

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Frequently Asked Questions (FAQs)

The average monthly rental in Cochrane varies by property type but generally ranges around $1,400 to $2,500, depending on the size and location.

You have to submit your birth date certificate and identification documents before renting a house in Cochrane.

In Cochrane, Alberta, 2-bedroom homes start around $250,000, while 3-bedroom homes have a median price of approximately $747,033. These figures can vary based on location, property type, and market conditions.

Rental houses in Cochrane vary in size, ranging from 900 to over 2,000 square feet. For example, Rivercrest townhomes offer units between 900 and 1,442 square feet. Larger homes exceeding 2,000 square feet are also available, often featuring amenities like pools and gardens.

In Cochrane, Alberta, landlords can increase rent only once every 12 months, regardless of whether the tenancy is fixed-term or periodic.

Yes, one can rent a property for 1 year in Cochrane.

In Cochrane, rental properties include a variety of bedroom configurations, including studio apartments, one-bedroom units, two-bedroom apartments, and larger homes with three or more bedrooms. This range caters to individuals, couples, families, and groups seeking accommodations in the area.

As of November 2024, condo rentals in Cochrane, Alberta, range from approximately CAD 1,077 to CAD 2,117 per month, depending on location, size, and amenities.

As of November 2024, townhouse rentals in Cochrane, Alberta, range from approximately CAD 1,995 to CAD 2,300 per month, depending on factors such as size, location, and amenities.

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