Property Prices in Calgary, Canada

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Index Info
Price to Income Ratio: 4.25
Mortgage as Percentage of Income: 37.73%
Loan Affordability Index: 2.65
Price to Rent Ratio - City Centre: 10.43
Price to Rent Ratio - Outside of Centre: 12.18
Gross Rental Yield (City Centre): 9.59%
Gross Rental Yield (Outside of Centre): 8.21%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,030.44 C$ 1,700.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,630.71 C$ 1,300.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,142.20 C$ 2,500.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 2,630.21 C$ 2,000.00-3,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 402.11 C$ 310.00-520.25
Price per Square Feet to Buy Apartment Outside of Centre 383.90 C$ 325.16-497.03
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 4,979.24 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.41 4.79-7.00

These data are based on 316 entries in the past 18 months from 59 different contributors.
Last update: July 2024

Sources and References
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