Property Prices in Kelowna, Canada

Index Info
Price to Income Ratio: 6.09
Mortgage as Percentage of Income: 47.01%
Loan Affordability Index: 2.13
Price to Rent Ratio - City Centre: 13.77
Price to Rent Ratio - Outside of Centre: 12.71
Gross Rental Yield (City Centre): 7.26%
Gross Rental Yield (Outside of Centre): 7.87%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre C$1,951.67 1,800.00-2,500.00
1 Bedroom Apartment Outside of City Centre C$1,682.22 1,500.00-2,000.00
3 Bedroom Apartment in City Centre C$3,228.89 3,000.00-3,660.00
3 Bedroom Apartment Outside of City Centre C$2,835.56 2,500.00-3,300.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre C$524.95 408.00-743.22
Price per Square Feet to Buy Apartment Outside of Centre C$421.02 408.00-464.51
Salaries And Financing
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Average Monthly Net Salary (After Tax) C$4,176.85
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.69 4.45-6.00

These data are based on 107 entries from 17 contributors over the past 18 months.
Last update: 9 June 2026

Sources and References
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1 Comments so far
shelly on Jan 28, 2022:
Seeking a Broker, for saving on a house and forward information to previous realator. Fair Housing that initiated the voucher for First Time Home Buyer program and class paid for in amount of $5.00.