Property Prices in Calgary, Canada

Index Info
Price to Income Ratio: 3.66
Mortgage as Percentage of Income: 24.18%
Loan Affordability Index: 4.14
Price to Rent Ratio - City Centre: 14.99
Price to Rent Ratio - Outside of Centre: 13.27
Gross Rental Yield (City Centre): 6.67%
Gross Rental Yield (Outside of Centre): 7.53%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,227.51 C$ 1,000.00-1,600.00
Apartment (1 bedroom) Outside of Centre 1,029.38 C$ 900.00-1,200.00
Apartment (3 bedrooms) in City Centre 2,183.02 C$ 1,800.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,656.53 C$ 1,400.00-2,100.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 371.07 C$ 275.00-525.00
Price per Square Feet to Buy Apartment Outside of Centre 263.71 C$ 222.00-325.16
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,670.50 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.93 2.00-5.00

These data are based on 446 entries in the past 18 months from 82 different contributors.
Last update: January 2021

Sources and References
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