Property Prices in Hamilton, Canada

Index Info
Price to Income Ratio: 4.92
Mortgage as Percentage of Income: 40.44%
Loan Affordability Index: 2.47
Price to Rent Ratio - City Centre: 10.46
Price to Rent Ratio - Outside of Centre: 11.01
Gross Rental Yield (City Centre): 9.56%
Gross Rental Yield (Outside of Centre): 9.08%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 1,734.90 C$ 1,350.00-2,200.00
1 Bedroom Apartment Outside of City Centre 1,723.83 C$ 1,300.00-2,000.00
3 Bedroom Apartment in City Centre 2,937.78 C$ 2,700.00-3,500.00
3 Bedroom Apartment Outside of City Centre 2,621.56 C$ 2,419.00-3,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 358.00 C$ 358.00-507.92
Price per Square Feet to Buy Apartment Outside of Centre 358.00 C$ 358.00-358.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,915.60 C$
Annual Mortgage Interest Rate (20-Year Fixed, in %) 5.44 4.45-6.90

These data are based on 95 entries from 17 contributors over the past 18 months.
Last update: 1 February 2026

Sources and References
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