As Alberta's population booms, the province's rental apartment vacancy rates have become the tightest in Canada.

In October of this year, major centres with the lowest vacancy rates for apartment rentals were Calgary at 1 per cent, Edmonton at 1.4 per cent and Toronto at 1.6 per cent, according to the latest numbers from Canada Mortgage and Housing Corporation (CMHC).

"The strong in flow of interprovincial and international migrants into the province is the primary driver of the low vacancy rate in Alberta’s two major cities," Todd Hirsch, Chief Economist at ATB Financial, wrote on the company's blog.

The low vacancy rates mean higher rents, he says: "Unlike certain other provinces, there are no restrictions on the monthly rents that landlords can charge in Alberta."

Vancouver had the priciest market in the country, with two-bedroom apartments going for $1,281; Calgary comes in second with $1,224, and Toronto is third with $1,213.

Here's a look at some of the most expensive apartments for rent in Calgary:

Loading Slideshow...
  • $5,000 Rent - Marda Loop

    <a href="http://www.rentfaster.ca/calgary-condo-for-rent/marda-loop/-elements-amazing-penthouse-76247?r=aHR0cDovL3d3dy5yZW50ZmFzdGVyLmNhL2xpc3RpbmdzZWFyY2gucGhwP3Byb3hpbWl0eV90eXBlPWxvY2F0aW9uLWNpdHkmcHJveGltaXR5X3N1YnR5cGU9TGFuZG1hcmsmbGFuZG1hcmslNUIlNUQ9MjAmbGFuZG1hcmtfa209MSZ6aXA9JnppcF9rbT0xJmFkZHJlc3M9JmFkZHJlc3Nfa209MSZjb21tdW5pdHlfc3VidHlwZT1Qcm94aW1pdHkmY29tbXVuaXR5JTVCJTVEPTEmY29tbXVuaXR5X2ttPTImdHlwZSU1QiU1RD1BcGFydG1lbnQmdHlwZSU1QiU1RD1Db25kbyZwcmljZV9yYW5nZV9hZHYlNUJmcm9tJTVEPTUwMDAmcHJpY2VfcmFuZ2VfYWR2JTVCdG8lNUQ9MTAwMDAwMDAmcHJpY2VfcmFuZ2VfYWR2X3RvX19kZWZhdWx0PTI1I0xJU1RJTkc3NjI0Nw==" target="_blank">This three bedroom</a>, three bathroom penthouse property has 1,800 sq. ft. of living space compelte with a marbled fireplace, a rooftop patio and mountain views

  • $5,000 Rent - Marda Loop

  • $5,000 Rent - Marda Loop

  • $5,000 Rent - Marda Loop

  • $5,000 Rent - Marda Loop

  • $5,000 Rent - Marda Loop

  • $5,195 - Eau Claire

    <a href="http://www.rentfaster.ca/calgary-condo-for-rent/eau-claire/beautiful-2-bedroom-condo-in-86994?r=aHR0cDovL3d3dy5yZW50ZmFzdGVyLmNhL2xpc3RpbmdzZWFyY2gucGhwP3Byb3hpbWl0eV90eXBlPWxvY2F0aW9uLWNpdHkmcHJveGltaXR5X3N1YnR5cGU9TGFuZG1hcmsmbGFuZG1hcmslNUIlNUQ9MjAmbGFuZG1hcmtfa209MSZ6aXA9JnppcF9rbT0xJmFkZHJlc3M9JmFkZHJlc3Nfa209MSZjb21tdW5pdHlfc3VidHlwZT1Qcm94aW1pdHkmY29tbXVuaXR5JTVCJTVEPTEmY29tbXVuaXR5X2ttPTImdHlwZSU1QiU1RD1BcGFydG1lbnQmdHlwZSU1QiU1RD1Db25kbyZwcmljZV9yYW5nZV9hZHYlNUJmcm9tJTVEPTUwMDAmcHJpY2VfcmFuZ2VfYWR2JTVCdG8lNUQ9MTAwMDAwMDAmcHJpY2VfcmFuZ2VfYWR2X3RvX19kZWZhdWx0PTI1I0xJU1RJTkc4Njk5NA==" target="_blank">This two bedroom, </a>two bathroom furnished apartment has over 1,700 sq. ft. of living space and close proximity to the city's bow river, shops and restaurants.

  • $5,195 - Eau Claire

  • $5,195 - Eau Claire

  • $5,195 - Eau Claire

  • $5,195 - Eau Claire

  • $5,800 - Downtown

    <a href="http://www.rentfaster.ca/calgary-condo-for-rent/downtown/spectacular-downtown-penthouse-61884?r=aHR0cDovL3d3dy5yZW50ZmFzdGVyLmNhL2xpc3RpbmdzZWFyY2gucGhwP3Byb3hpbWl0eV90eXBlPWxvY2F0aW9uLWNpdHkmcHJveGltaXR5X3N1YnR5cGU9TGFuZG1hcmsmbGFuZG1hcmslNUIlNUQ9MjAmbGFuZG1hcmtfa209MSZ6aXA9JnppcF9rbT0xJmFkZHJlc3M9JmFkZHJlc3Nfa209MSZjb21tdW5pdHlfc3VidHlwZT1Qcm94aW1pdHkmY29tbXVuaXR5JTVCJTVEPTEmY29tbXVuaXR5X2ttPTImdHlwZSU1QiU1RD1BcGFydG1lbnQmdHlwZSU1QiU1RD1Db25kbyZwcmljZV9yYW5nZV9hZHYlNUJmcm9tJTVEPTUwMDAmcHJpY2VfcmFuZ2VfYWR2JTVCdG8lNUQ9MTAwMDAwMDAmcHJpY2VfcmFuZ2VfYWR2X3RvX19kZWZhdWx0PTI1I0xJU1RJTkc2MTg4NA==" target="_blank">This two bedroom, two bathroom penthouse</a> condo in the city's downtown offers views of the Rocky Mountains and Calgary's city skyline and has 2,000 sq. ft of living space.

  • $5,800 - Downtown

  • $5,800 - Downtown

  • $5,800 - Downtown

  • $5,800 - Downtown

  • $5,800 - Downtown

  • $6,000 - Mission

    <a href="http://www.rentfaster.ca/calgary-condo-for-rent/mission/gorgeous-furnished-penthouse-97728?r=aHR0cDovL3d3dy5yZW50ZmFzdGVyLmNhL2xpc3RpbmdzZWFyY2gucGhwP3Byb3hpbWl0eV90eXBlPWxvY2F0aW9uLWNpdHkmcHJveGltaXR5X3N1YnR5cGU9TGFuZG1hcmsmbGFuZG1hcmslNUIlNUQ9MjAmbGFuZG1hcmtfa209MSZ6aXA9JnppcF9rbT0xJmFkZHJlc3M9JmFkZHJlc3Nfa209MSZjb21tdW5pdHlfc3VidHlwZT1Qcm94aW1pdHkmY29tbXVuaXR5JTVCJTVEPTEmY29tbXVuaXR5X2ttPTImdHlwZSU1QiU1RD1BcGFydG1lbnQmdHlwZSU1QiU1RD1Db25kbyZwcmljZV9yYW5nZV9hZHYlNUJmcm9tJTVEPTUwMDAmcHJpY2VfcmFuZ2VfYWR2JTVCdG8lNUQ9MTAwMDAwMDAmcHJpY2VfcmFuZ2VfYWR2X3RvX19kZWZhdWx0PTI1I0xJU1RJTkc5NzcyOA==" target="_blank">This two bedroom, 2.5 bathroom apartment</a> has 2,000 sq. ft. of living space and is close to a golf course, lake access and bike paths.

  • $6,000 - Mission

  • $6,000 - Mission

  • $6,000 - Mission

  • $6,000 - Mission

  • $6,662 - Downtown

    <a href="http://www.rentfaster.ca/calgary-condo-for-rent/downtown/gorgeous-penthouse-on-the-34th-60070?r=aHR0cDovL3d3dy5yZW50ZmFzdGVyLmNhL2xpc3RpbmdzZWFyY2gucGhwP3Byb3hpbWl0eV90eXBlPWxvY2F0aW9uLWNpdHkmcHJveGltaXR5X3N1YnR5cGU9TGFuZG1hcmsmbGFuZG1hcmslNUIlNUQ9MjAmbGFuZG1hcmtfa209MSZ6aXA9JnppcF9rbT0xJmFkZHJlc3M9JmFkZHJlc3Nfa209MSZjb21tdW5pdHlfc3VidHlwZT1Qcm94aW1pdHkmY29tbXVuaXR5JTVCJTVEPTEmY29tbXVuaXR5X2ttPTImdHlwZSU1QiU1RD1BcGFydG1lbnQmdHlwZSU1QiU1RD1Db25kbyZwcmljZV9yYW5nZV9hZHYlNUJmcm9tJTVEPTUwMDAmcHJpY2VfcmFuZ2VfYWR2JTVCdG8lNUQ9MTAwMDAwMDAmcHJpY2VfcmFuZ2VfYWR2X3RvX19kZWZhdWx0PTI1I0xJU1RJTkc2MDA3MA==" target="_blank">This 34th floor, 2,100 sq. ft. penthouse</a> has too bedrooms, high ceilings and boasts spectacular city and mountain views.

  • $6,662 - Downtown

  • $6,662 - Downtown

  • $6,662 - Downtown

  • $6,662 - Downtown

  • $7,000 - Mission

    This newly built 2,000 sq. ft. penthouse has one bedroom, 2.5 bathrooms , a fireplace and hardwood floors.

  • $7,000 - Mission

  • $7,000 - Mission

  • $7,000 - Mission

  • $7,000 - Mission

  • $9,000 - Spruce Cliff

    <a href="http://www.rentfaster.ca/calgary-condo-for-rent/spruce-cliff/spectacular-and-spacious-94021?r=aHR0cDovL3d3dy5yZW50ZmFzdGVyLmNhL2xpc3RpbmdzZWFyY2gucGhwP3Byb3hpbWl0eV90eXBlPWxvY2F0aW9uLWNpdHkmcHJveGltaXR5X3N1YnR5cGU9TGFuZG1hcmsmbGFuZG1hcmslNUIlNUQ9MjAmbGFuZG1hcmtfa209MSZ6aXA9JnppcF9rbT0xJmFkZHJlc3M9JmFkZHJlc3Nfa209MSZjb21tdW5pdHlfc3VidHlwZT1Qcm94aW1pdHkmY29tbXVuaXR5JTVCJTVEPTEmY29tbXVuaXR5X2ttPTImdHlwZSU1QiU1RD1BcGFydG1lbnQmdHlwZSU1QiU1RD1Db25kbyZwcmljZV9yYW5nZV9hZHYlNUJmcm9tJTVEPTUwMDAmcHJpY2VfcmFuZ2VfYWR2JTVCdG8lNUQ9MTAwMDAwMDAmcHJpY2VfcmFuZ2VfYWR2X3RvX19kZWZhdWx0PTI1I0xJU1RJTkc5NDAyMQ==" target="_blank">This fully furnished penthouse</a> has three bedrooms, 4.5 baths and has flood to ceiling windows, spacious balconies and boasts magnificent views.

  • $9,000 - Spruce Cliff

  • $9,000 - Spruce Cliff

  • $9,000 - Spruce Cliff

  • $9,000 - Spruce Cliff

  • $13,000 - Downtown

    <a href="http://www.rentfaster.ca/calgary-condo-for-rent/downtown/downtown-le-germain-top-96742?r=aHR0cDovL3d3dy5yZW50ZmFzdGVyLmNhL2xpc3RpbmdzZWFyY2gucGhwP3Byb3hpbWl0eV90eXBlPWxvY2F0aW9uLWNpdHkmcHJveGltaXR5X3N1YnR5cGU9TGFuZG1hcmsmbGFuZG1hcmslNUIlNUQ9MjAmbGFuZG1hcmtfa209MSZ6aXA9JnppcF9rbT0xJmFkZHJlc3M9JmFkZHJlc3Nfa209MSZjb21tdW5pdHlfc3VidHlwZT1Qcm94aW1pdHkmY29tbXVuaXR5JTVCJTVEPTEmY29tbXVuaXR5X2ttPTImdHlwZSU1QiU1RD1BcGFydG1lbnQmdHlwZSU1QiU1RD1Db25kbyZwcmljZV9yYW5nZV9hZHYlNUJmcm9tJTVEPTUwMDAmcHJpY2VfcmFuZ2VfYWR2JTVCdG8lNUQ9MTAwMDAwMDAmcHJpY2VfcmFuZ2VfYWR2X3RvX19kZWZhdWx0PTI1I0xJU1RJTkc5Njc0Mg==" target="_blank">This penthouse located at Le Germain Residences </a>in the city's downtown has two bedrooms, three decks and almost 2,800 sq. ft of space. Two of these penthouses are on rent, one for $13,000 and <a href="http://www.rentfaster.ca/calgary-condo-for-rent/downtown/downtown-le-germain-74292?r=aHR0cDovL3d3dy5yZW50ZmFzdGVyLmNhL2xpc3RpbmdzZWFyY2gucGhwP3Byb3hpbWl0eV90eXBlPWxvY2F0aW9uLWNpdHkmcHJveGltaXR5X3N1YnR5cGU9TGFuZG1hcmsmbGFuZG1hcmslNUIlNUQ9MjAmbGFuZG1hcmtfa209MSZ6aXA9JnppcF9rbT0xJmFkZHJlc3M9JmFkZHJlc3Nfa209MSZjb21tdW5pdHlfc3VidHlwZT1Qcm94aW1pdHkmY29tbXVuaXR5JTVCJTVEPTEmY29tbXVuaXR5X2ttPTImdHlwZSU1QiU1RD1BcGFydG1lbnQmdHlwZSU1QiU1RD1Db25kbyZwcmljZV9yYW5nZV9hZHYlNUJmcm9tJTVEPTUwMDAmcHJpY2VfcmFuZ2VfYWR2JTVCdG8lNUQ9MTAwMDAwMDAmcHJpY2VfcmFuZ2VfYWR2X3RvX19kZWZhdWx0PTI1I0xJU1RJTkc3NDI5Mg==" target="_blank">the other for $15,000.</a>

  • $13,000 - Downtown

  • $13,000 - Downtown

  • $13,000 - Downtown

  • $13,000 - Downtown

  • $13,000 - Downtown

Like this article? Follow our Facebook page

Or follow us on Twitter



Also on HuffPost: