Property Prices in Halifax, Canada

Index Info
Price to Income Ratio: 5.44
Mortgage as Percentage of Income: 42.74%
Loan Affordability Index: 2.34
Price to Rent Ratio - City Centre: 10.71
Price to Rent Ratio - Outside of Centre: 10.52
Gross Rental Yield (City Centre): 9.34%
Gross Rental Yield (Outside of Centre): 9.50%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre C$2,044.19 1,539.51-2,500.00
1 Bedroom Apartment Outside of City Centre C$1,773.83 1,200.00-2,650.00
3 Bedroom Apartment in City Centre C$3,249.10 2,659.14-4,000.00
3 Bedroom Apartment Outside of City Centre C$2,660.41 2,350.00-3,400.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre C$420.21 393.91-436.00
Price per Square Feet to Buy Apartment Outside of Centre C$350.00 291.71-436.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) C$3,807.87
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.90 4.45-6.00

These data are based on 131 entries from 23 contributors over the past 18 months.
Last update: 10 June 2026

Sources and References
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