Property Prices in Calgary, Canada

Index Info
Price to Income Ratio: 5.54
Mortgage as Percentage of Income: 42.06%
Loan Affordability Index: 2.38
Price to Rent Ratio - City Centre: 13.96
Price to Rent Ratio - Outside of Centre: 15.70
Gross Rental Yield (City Centre): 7.17%
Gross Rental Yield (Outside of Centre): 6.37%
Rent Per Month
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1 Bedroom Apartment in City Centre C$1,736.43 1,500.00-2,000.00
1 Bedroom Apartment Outside of City Centre C$1,437.50 1,200.00-1,700.00
3 Bedroom Apartment in City Centre C$2,710.00 2,200.00-3,200.00
3 Bedroom Apartment Outside of City Centre C$2,339.69 1,900.00-2,700.00
Buy Apartment Price
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Price per Square Meter to Buy Apartment in City Centre C$4,970.69 4,500.00-6,000.00
Price per Square Meter to Buy Apartment Outside of Centre C$4,711.69 4,000.00-5,200.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) C$4,371.72
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.51 3.60-5.50

These data are based on 165 entries from 29 contributors over the past 18 months.
Last update: 19 October 2026

Sources and References
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