Property Prices in Edmonton, Canada

Index Info
Price to Income Ratio: 3.97
Mortgage as Percentage of Income: 34.90%
Loan Affordability Index: 2.87
Price to Rent Ratio - City Centre: 11.81
Price to Rent Ratio - Outside of Centre: 11.50
Gross Rental Yield (City Centre): 8.47%
Gross Rental Yield (Outside of Centre): 8.69%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,425.91 C$ 1,100.00-1,900.00
Apartment (1 bedroom) Outside of Centre 1,191.42 C$ 910.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,325.58 C$ 1,700.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,886.42 C$ 1,400.00-2,700.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 326.94 C$ 276.26-500.00
Price per Square Feet to Buy Apartment Outside of Centre 262.72 C$ 222.97-371.61
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,998.62 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.28 4.50-6.90

These data are based on 268 entries in the past 18 months from 44 different contributors.
Last update: July 2024

Sources and References
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