West Creek and Rainbow Falls

At a glance

West Creek and Rainbow Falls are newer west-side communities of detached houses and townhouses around ponds and playgrounds, close to the shops on the main road. About 74% of homes are detached and 0% are apartments, 6% of households rent, and owners valued the median home at about $486K in the 2021 census.

Median home value (est.)

$608K^*

* est.: 2021 census, indexed to September 2026 · city $543K

Residents

6,330

scaled estimate for mid-2025, up from 5,325 at the 2021 census

Households renting

6%

city 34%

Homes that are apartments

0%

city 23%

What the numbers mean

• Owners valued the median home at $486K in the 2021 census. Indexed to September 2026 prices with the Calgary MLS® Home Price Index (+25% since then), that is about $608K, 12% above the Calgary-area towns median of $543K. It is an estimate: the index tracks the whole region, not this neighbourhood.
• 6% of households rent, well below the 34% city-wide. Most people here own and stay a while.
• 74% of homes are single-family houses, versus 55% city-wide.

Who lives here

Share of residents by age, scaled estimate for mid-2025, up from 5,325 at the 2021 census.

Homes

Share of homes by type, scaled estimate for mid-2025, up from 5,325 at the 2021 census.

Upfront closing costs¹

Alberta has no land transfer tax; the Land Titles transfer fee is about 0.1% of the price. Government fees at the median home price: This uses the census home value indexed to September 2026 prices, so treat it as an estimate.

Land title transfer fee

$660

on $608K

Schools²

• 2 public schools are mapped in West Creek and Rainbow Falls.
• Elementary grades at 2.
• 7 public schools lie within 2 km of its edge.

• Our Lady of WisdomElementary · The Calgary Roman Catholic Separate School Division
• Rainbow Creek Elementary SchoolElementary · The Rocky View School Division

The school nearest the house may not be the school your child is assigned to. School boards assign a designated school by street address, and a neighbourhood can be split across several or have none inside its boundary. Use your school board’s school locator with the exact address before you rely on a school.

We don’t rate schools: test results are not comparable across provinces, so a school’s quality is something to ask about on a visit.

How it's changing

These municipalities don't publish building permits by neighbourhood, so we can't chart construction here yet.

Safety

Neighbourhood-level crime figures aren't available for Chestermere. Policing there is by the RCMP or a municipal police department, and neither publishes open crime counts by neighbourhood. Check Statistics Canada's crime tables for municipality-wide trends, and the local police website for crime maps. Why this is missing.