Property Prices in Edmonton, Canada

Index Info
Price to Income Ratio: 4.01
Mortgage as Percentage of Income: 35.09%
Loan Affordability Index: 2.85
Price to Rent Ratio - City Centre: 14.53
Price to Rent Ratio - Outside of Centre: 11.64
Gross Rental Yield (City Centre): 6.88%
Gross Rental Yield (Outside of Centre): 8.59%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,354.14 C$ 1,050.00-1,900.00
Apartment (1 bedroom) Outside of Centre 1,162.35 C$ 900.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,219.50 C$ 1,600.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,793.78 C$ 1,350.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 382.71 C$ 260.13-743.22
Price per Square Feet to Buy Apartment Outside of Centre 256.71 C$ 204.38-371.61
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,291.65 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.22 4.25-7.00

These data are based on 261 entries in the past 18 months from 41 different contributors.
Last update: April 2024

Sources and References
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