Property Prices in Charlottetown, Canada

Index Info
Price to Income Ratio: 5.27
Mortgage as Percentage of Income: 40.30%
Loan Affordability Index: 2.48
Price to Rent Ratio - City Centre: 14.09
Price to Rent Ratio - Outside of Centre: 11.21
Gross Rental Yield (City Centre): 7.10%
Gross Rental Yield (Outside of Centre): 8.92%
Rent Per Month
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1 Bedroom Apartment in City Centre C$1,536.00 1,400.00-1,600.00
1 Bedroom Apartment Outside of City Centre C$1,192.25 969.00-1,800.00
3 Bedroom Apartment in City Centre C$2,462.00 2,100.00-3,000.00
3 Bedroom Apartment Outside of City Centre C$1,907.50 1,630.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre C$417.08 250.00-612.23
Price per Square Feet to Buy Apartment Outside of Centre C$257.38 250.00-264.77
Salaries And Financing
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Average Monthly Net Salary (After Tax) C$3,441.10
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.58 4.00-4.70

These data are based on 63 entries from 11 contributors over the past 18 months.
Last update: 5 June 2026

Sources and References
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