Property Prices in Calgary, Canada

Index Info
Price to Income Ratio: 3.52
Mortgage as Percentage of Income: 22.39%
Loan Affordability Index: 4.47
Price to Rent Ratio - City Centre: 14.55
Price to Rent Ratio - Outside of Centre: 13.32
Gross Rental Yield (City Centre): 6.87%
Gross Rental Yield (Outside of Centre): 7.51%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,236.43 C$ 1,006.00-1,700.00
Apartment (1 bedroom) Outside of Centre 1,040.73 C$ 900.00-1,250.00
Apartment (3 bedrooms) in City Centre 2,238.69 C$ 1,800.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,704.68 C$ 1,500.00-2,100.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 365.63 C$ 275.00-500.00
Price per Square Feet to Buy Apartment Outside of Centre 269.69 C$ 232.26-325.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,853.53 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.50 1.80-4.70

These data are based on 324 entries in the past 18 months from 59 different contributors.
Last update: May 2021

Sources and References
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