Cochrane Housing Market Statistics

Cochrane is located approximately 18 kilometres west of Calgary in the Bow River Valley, at the intersection of Highway 1A and Highway 22 (the Cowboy Trail). The drive to downtown Calgary takes about 20-30 minutes.

Cochrane was named after Senator Matthew Henry Cochrane, a prominent Quebec businessman and cattle rancher who established the Cochrane Ranche in 1881. The original ranching site is now the Cochrane Ranche Historic Site.

Cochrane is one of Canada's fastest-growing communities. The 2025 municipal census recorded 39,397 residents, nearly doubling over the past decade. The town projects the population could reach 90,000 by 2050, with annual growth of approximately 5%.

The average home price in Cochrane is approximately $629,000, with a median of $662,450. Single-family homes average around $660,000, while condos and townhomes average $406,000. Entry-level condos start near $225,000, and luxury estates in GlenEagles can exceed $1.4 million.

Cochrane has twelve schools under Rocky View Schools and the Calgary Catholic School District, including Cochrane High, Bow Valley High, RancheView School, St. Timothy High School, Holy Spirit School, and École Notre-Dame Des Vallées. However, rapid growth has led to overcrowding, with the town needing more schools to keep up with demand.

Yes, Cochrane has COLT (Cochrane On-Demand Local Transit), an app-based ride service launched in October 2019 with over 150 stops. The service operates in partnership with On-It regional transit, providing connections to Calgary.

Most residents commute via Highway 1A (Crowchild Trail) or Highway 1 (Trans-Canada Highway) to Stoney Trail. The drive to downtown Calgary takes 20-30 minutes. On-It regional transit also provides commuter bus service to Calgary.

Cochrane attractions include the Yamnuska Wolfdog Sanctuary, Cochrane Ranche Historic Site, Glenbow Ranch Provincial Park, Big Hill Springs Provincial Park, the SLS Centre (one of Alberta's largest recreation facilities), Mackay's Ice Cream (a local landmark), and the annual Labour Day Rodeo and Parade.

Cochrane offers a small-town, family-oriented atmosphere with spectacular Rocky Mountain views and over 80 km of pathways. It has a young median age of 34 and a median household income of $115,000. Traffic congestion is a growing challenge, but residents appreciate the proximity to Calgary and the mountains.

Cochrane's neighbourhoods include Cochrane Heights (central location with mountain views), Sunset Ridge (award-winning community with pond and pathways), Fireside (family-oriented with NHL-sized rink), Heartland (closest to the mountains), GlenEagles (premier estate community), Riversong, East End, West Terrace, and Glenbow.

The SLS Centre (Spray Lake Sawmills Family Sports Centre) is one of Alberta's largest multi-use recreation facilities, located at 800 Griffin Road East. It features swimming, an indoor track, ice rinks, fitness facilities, indoor climbing, and community programming for all ages.

Cochrane is notable as one of very few communities in Canada with no business tax, which supports a strong local commercial sector and vibrant downtown shopping experience on First Street.