Paranych Rental Communities was founded in 1986 by real estate entrepreneur, Terry Paranych. At only 21 years of age, Terry saw a real need for quiet, clean, safe, and affordable rental accommodation for residents of Edmonton. What started as Terry's first purchase, a small 2-bedroom rental home, has now flourished into hundreds of clean, quiet, and affordable rental properties throughout Alberta.

Terry Paranych's vision is to ensure that people can find a place to call home without breaking the bank.
Given that the company is 100% privately owned by Terry Paranych, Paranych Rental Communities can offer very reasonable rental rates - unlike many public companies that are always under pressure to increase rental rates and raise shareholder value.