Property Prices in Calgary, Canada

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Index Info
Price to Income Ratio: 4.07
Mortgage as Percentage of Income: 36.30%
Loan Affordability Index: 2.76
Price to Rent Ratio - City Centre: 9.76
Price to Rent Ratio - Outside of Centre: 12.18
Gross Rental Yield (City Centre): 10.25%
Gross Rental Yield (Outside of Centre): 8.21%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,032.59 C$ 1,600.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,632.50 C$ 1,300.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,076.88 C$ 2,400.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 2,498.08 C$ 2,000.00-3,200.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 373.15 C$ 297.29-520.25
Price per Square Feet to Buy Apartment Outside of Centre 375.72 C$ 310.00-497.03
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 4,945.83 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.45 4.81-7.00

These data are based on 297 entries in the past 18 months from 57 different contributors.
Last update: May 2024

Sources and References
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