Property Prices in Kelowna, Canada

Index Info
Price to Income Ratio: 6.11
Mortgage as Percentage of Income: 52.68%
Loan Affordability Index: 1.90
Price to Rent Ratio - City Centre: 14.99
Price to Rent Ratio - Outside of Centre: 13.01
Gross Rental Yield (City Centre): 6.67%
Gross Rental Yield (Outside of Centre): 7.68%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,786.65 C$ 1,500.00-2,100.00
Apartment (1 bedroom) Outside of Centre 1,459.00 C$ 1,250.00-1,800.00
Apartment (3 bedrooms) in City Centre 3,078.57 C$ 2,600.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,526.35 C$ 2,100.00-3,100.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 532.25 C$ 400.00-743.22
Price per Square Feet to Buy Apartment Outside of Centre 378.25 C$ 340.00-418.06
Salaries And Financing
Average Monthly Net Salary (After Tax) 4,007.72 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.03 2.25-8.75

These data are based on 177 entries in the past 18 months from 38 different contributors.
Last update: June 2023

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.