Property Prices in Edmonton, Canada

Index Info
Price to Income Ratio: 4.01
Mortgage as Percentage of Income: 34.88%
Loan Affordability Index: 2.87
Price to Rent Ratio - City Centre: 14.61
Price to Rent Ratio - Outside of Centre: 11.81
Gross Rental Yield (City Centre): 6.84%
Gross Rental Yield (Outside of Centre): 8.47%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,386.54 C$ 1,100.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,171.94 C$ 900.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,115.44 C$ 1,550.00-2,995.00
Apartment (3 bedrooms) Outside of Centre 1,709.14 C$ 1,350.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 382.43 C$ 260.13-743.22
Price per Square Feet to Buy Apartment Outside of Centre 256.48 C$ 204.38-371.61
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,290.30 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.15 4.25-7.00

These data are based on 246 entries in the past 18 months from 44 different contributors.
Last update: February 2024

Sources and References
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