Property Prices in Edmonton, Canada

Index Info
Price to Income Ratio: 3.45
Mortgage as Percentage of Income: 28.55%
Loan Affordability Index: 3.50
Price to Rent Ratio - City Centre: 11.45
Price to Rent Ratio - Outside of Centre: 12.06
Gross Rental Yield (City Centre): 8.73%
Gross Rental Yield (Outside of Centre): 8.29%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,263.90 C$ 1,100.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,058.27 C$ 900.00-1,350.00
Apartment (3 bedrooms) in City Centre 2,057.45 C$ 1,689.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,594.79 C$ 1,400.00-2,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 280.71 C$ 241.00-400.00
Price per Square Feet to Buy Apartment Outside of Centre 239.68 C$ 180.00-269.42
Salaries And Financing
Average Monthly Net Salary (After Tax) 4,055.26 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.52 2.20-8.75

These data are based on 267 entries in the past 18 months from 48 different contributors.
Last update: March 2023

Sources and References
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