Property Prices in Kelowna, Canada

Index Info
Price to Income Ratio: 6.50
Mortgage as Percentage of Income: 51.27%
Loan Affordability Index: 1.95
Price to Rent Ratio - City Centre: 15.13
Price to Rent Ratio - Outside of Centre: 13.00
Gross Rental Yield (City Centre): 6.61%
Gross Rental Yield (Outside of Centre): 7.69%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 1,901.67 C$ 1,800.00-2,300.00
1 Bedroom Apartment Outside of City Centre 1,664.00 C$ 1,500.00-2,000.00
3 Bedroom Apartment in City Centre 3,150.91 C$ 3,000.00-3,660.00
3 Bedroom Apartment Outside of City Centre 2,729.09 C$ 2,400.00-3,300.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 562.20 C$ 408.00-749.99
Price per Square Feet to Buy Apartment Outside of Centre 421.02 C$ 408.00-500.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,071.67 C$
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.96 4.45-6.00

These data are based on 122 entries from 19 contributors over the past 18 months.
Last update: 1 March 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.