Property Prices in Calgary, Canada

Index Info
Price to Income Ratio: 4.64
Mortgage as Percentage of Income: 41.15%
Loan Affordability Index: 2.43
Price to Rent Ratio - City Centre: 12.10
Price to Rent Ratio - Outside of Centre: 13.63
Gross Rental Yield (City Centre): 8.27%
Gross Rental Yield (Outside of Centre): 7.34%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,920.86 C$ 1,500.00-2,400.00
Apartment (1 bedroom) Outside of Centre 1,562.96 C$ 1,100.00-1,900.00
Apartment (3 bedrooms) in City Centre 2,820.44 C$ 2,200.00-3,800.00
Apartment (3 bedrooms) Outside of Centre 2,343.29 C$ 1,800.00-3,100.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 431.90 C$ 278.71-929.02
Price per Square Feet to Buy Apartment Outside of Centre 399.42 C$ 260.13-696.77
Salaries And Financing
Average Monthly Net Salary (After Tax) 4,821.01 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.39 4.60-8.91

These data are based on 357 entries in the past 18 months from 55 different contributors.
Last update: February 2024

Sources and References
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