Property Prices in Calgary, Canada

Index Info
Price to Income Ratio: 3.50
Mortgage as Percentage of Income: 22.22%
Loan Affordability Index: 4.50
Price to Rent Ratio - City Centre: 14.64
Price to Rent Ratio - Outside of Centre: 13.37
Gross Rental Yield (City Centre): 6.83%
Gross Rental Yield (Outside of Centre): 7.48%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,249.98 C$ 1,000.00-1,700.00
Apartment (1 bedroom) Outside of Centre 1,035.75 C$ 900.00-1,250.00
Apartment (3 bedrooms) in City Centre 2,276.86 C$ 1,800.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,752.48 C$ 1,500.00-2,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 372.99 C$ 278.71-525.00
Price per Square Feet to Buy Apartment Outside of Centre 273.04 C$ 241.55-325.16
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,967.58 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.48 1.80-3.00

These data are based on 346 entries in the past 18 months from 64 different contributors.
Last update: July 2021

Sources and References
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