Property Prices in Kitchener, Canada

Index Info
Price to Income Ratio: 8.90
Mortgage as Percentage of Income: 74.15%
Loan Affordability Index: 1.35
Price to Rent Ratio - City Centre: 19.12
Price to Rent Ratio - Outside of Centre: 15.82
Gross Rental Yield (City Centre): 5.23%
Gross Rental Yield (Outside of Centre): 6.32%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 1,940.00 C$ 1,800.00-2,540.00
1 Bedroom Apartment Outside of City Centre 1,750.00 C$ 1,500.00-1,900.00
3 Bedroom Apartment in City Centre 2,683.33 C$ 2,200.00-3,000.00
3 Bedroom Apartment Outside of City Centre 2,583.33 C$ 1,900.00-2,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 673.54 C$ 622.45-724.64
Price per Square Feet to Buy Apartment Outside of Centre 515.61 C$ 501.67-529.54
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,594.72 C$
Annual Mortgage Interest Rate (20-Year Fixed, in %) 5.61 4.45-6.90

These data are based on 54 entries from 13 contributors over the past 18 months.
Last update: 28 October 2025

Sources and References
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