Property Prices in Halifax, Canada

Index Info
Price to Income Ratio: 5.44
Mortgage as Percentage of Income: 42.73%
Loan Affordability Index: 2.34
Price to Rent Ratio - City Centre: 10.40
Price to Rent Ratio - Outside of Centre: 10.49
Gross Rental Yield (City Centre): 9.62%
Gross Rental Yield (Outside of Centre): 9.54%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 2,115.00 C$ 1,800.00-2,700.00
1 Bedroom Apartment Outside of City Centre 1,751.83 C$ 1,500.00-2,085.00
3 Bedroom Apartment in City Centre 3,320.48 C$ 2,800.00-4,000.00
3 Bedroom Apartment Outside of City Centre 2,731.70 C$ 2,400.00-3,400.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 420.21 C$ 393.91-436.00
Price per Square Feet to Buy Apartment Outside of Centre 350.00 C$ 291.71-436.00
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,809.17 C$
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.90 4.45-6.00

These data are based on 201 entries from 35 contributors over the past 18 months.
Last update: 20 April 2026

Sources and References
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