Housing
Renting in Banff
Ti'nu Rental Housing
Built by the Town of Banff and opened in 2018, Ti'nu is an affordable apartment complex on Coyote Lane operated by the Banff Housing Corporation, which also rents Moffat Manor. Applications are available from Banff Housing Corporation.
Banff Housing Corporation
The Banff Housing Corporation owns properties for resale at below-market cost, and properties that rent apartments. Learn More.
Other Sources
Note: The Town of Banff does not endorse or monitor the content of services linked below, which are provided to increase the available resources individuals commonly use when seeking housing in Banff. People who use the resources below do so at their own risk.
Some Links to Rental Listings
- Advertisements the local newspaper, the Rocky Mountain Outlook
- Property management companies: Peka, Asset West, https://banffcanmore.evrealestate.com/, RE/MAX Alpine Realty
- Social Media: search for terms like Bow Valley or Banff housing, homes, rentals, etc.
In a small town like Banff, word-of-mouth is still one of the best ways to find a place. Tell everyone you meet you’re looking to rent, and have them spread the word. Some landlords won’t advertise their rentals, preferring instead to rent to someone they know, or someone recommended to them.
Some real estate agents in Banff also manage rental properties, and it’s worth it to check with each if they have anything available, or if they maintain a waiting list. You’ll be asked to show proof of employment in Banff to ensure you meet the need-to-reside, and many require references from past landlords before showing properties. To ensure a smooth process, have contact information from past landlords available when you’re looking for an apartment.
Staff Accommodation
Many businesses in town have housing available for staff, and this is generally the best way to find a place to live when you’re new to town. They’re often less expensive than renting on your own and most staff accommodations are already furnished. When applying for a job, ask about the availability of staff housing.
Future Housing Development
The Banff municipal government has embarked on a Housing Action Plan that has changed regulations and provided incentives to make it easier for homeowners to add rental suites and property owners to maximize new housing developments. Learn about the Housing Action.
Wolf Street Housing
The Town is building a new complex with 75 affordable rental suites and 15 below-market, for-purchase homes on Wolf Street, near the Canoe Docks. Learn more at Wolf Street Housing. This property will be managed by the Banff Housing Corporation.
There are four more locations identified for future Town-built housing properties for potential development in the next 10 years.
Buying a House
Banff Housing Corporation
The Banff Housing Corporation is a non-profit organization of the Town of Banff. Its mission is to help the town maintain a healthy and balanced community by offering both price restricted and equity share home ownership.
In order to buy a home in the Banff Housing Corporation portfolio, you must first be on the Registered Resale List. The list awards points to potential buyers and those with the most points are contacted first when a property becomes available.
Real Estate Agents
There are several Banff-based real estate agents who can help you find listings on the open market.
Landlord and Tenant Information
Legal Rights
Landlord and tenant rights in Alberta can differ from other provinces and countries. As a tenant, you should educate yourself on your rights and responsibilities when renting a home or apartment.
- Residential Tenancy Act of Alberta (PDF)
- Tip sheet for tenants from Service Alberta (PDF)
- Renting info and tenancy disputes/offences information from Service Alberta
- Types of rental agreements
- Innkeepers Act (PDF)
- Checklist for Tenants (PDF)
- Leases and Agreements
Landlord Tips
Roommate and Subletting Agreements
Health and Safety
There are a number of health and safety standards for housing in Alberta. The following are from Alberta Health Services to educate both tenants and landlords as to their rights and responsibilities.
- Minimum Housing and Health Standards (PDF)
- Rental Housing and Health in Alberta (PDF)
- Bedbugs brochure (PDF)
- Emergency Egress (PDF)
Eligible to reside in the national park
There are clear criteria about who is allowed to live in Banff. You must meet a "need to reside" threshold. For most people, that means being employed in the national park in a job that requires you to work in the park. It’s a Government of Canada regulation to make sure housing is available to the people who work in the community, so it isn’t used as vacation properties or secondary residences.
Parks Canada rules: Parks Canada’s Eligible Residency Requirements
According to the National Parks Lease and License of Occupation Regulations, an eligible resident is defined as (one of the following seven categories):
(a) an individual whose primary employment is in the park,
(b) an individual who operates a business in the park and whose presence at the place of business is necessary for the day-to-day operation of the business,
(c) a retired individual who resides in the park and who, for five consecutive years immediately prior to retirement,
(i) was employed primarily in that park,
or
(ii) operated a business in that park and whose presence at the place of business was necessary for the day-to-day operation of the business,
(d) a retired individual who resided in the park at the time of the individual’s retirement and who resided in that park on July 30, 1981,
(e) an individual who is a student in full-time attendance at an educational institution that is located within the park and registered under the Income Tax Act or applicable provincial legislation relating to education,
(f) an individual who is a lessee of public lands in the park and who
(i) was the lessee of those public lands prior to May 19, 1911,
or
(ii) is a descendant, by blood or adoption, of an individual who was the lessee of those public lands prior to May 19, 1911, or
(g) the spouse or common-law partner or a dependent of an individual referred to in any of paragraphs (a) to (f).
Enforcement of "need to reside"
Eligible residency is enforced by Parks Canada to ensure that those living in the community have an established need to reside here. Enforcement is accomplished by:
- requiring statutory declarations from all lessees at time of mortgage or sale
- requiring statutory declarations on demand from all lessees, based upon complaints or investigations
- requesting lessees to complete statutory declarations on behalf of their tenants
- It is a criminal offense to make a false statutory declaration of eligible residency.
Questions or complaints to Parks Canada:
- Banff National Park, Realty and Municipal Services Office
- 403.762.1500
- banffparkrealty@canada.ca
Town of Banff Enforcement
The Town of Banff helps Parks Canada enforce the "need to reside" requirements in programs it operates such as through incentive programs for residents, approvals for secondary rental suites, development reviews and through the Town's wholly owned Banff Housing Corporation, which rents and sells properties only to eligible residents.
Homeless to Housing Coalition
The Bow Valley Homeless to Housing Coalition, (H2HC) is a dynamic group of agency partners across the Bow Valley. Their vision is to ensure that the supports to help individuals who are in housing crisis are in place within the Bow Valley.
H2HC has been conducting surveys to better understand the nature and extent of homelessness in the Bow Valley so they can take steps towards their vision. Agency partners have been seeking out homeless individuals in the community to complete surveys.
If you require more information, please call Tara at 403.678.7130 or Sachiho at 403.760.3200.