Valley Ridge is a residential neighbourhood in the northwest quadrant of Calgary, Alberta, Canada.

It is located at the western edge of the city, south of the Bow River and north of the Trans-Canada Highway.

The Valley Ridge golf course is located in the northern part of the community.

The community is located on the former site of the Happy Valley Campground, a park with slides, which was a destination for visitors to Calgary until it was closed in the 1980s; the campground was located where the golf course is now situated.

Consisting mostly of single-family detached homes, only 1.4% of the housing is used for renting.