Property Prices in Kitchener, Canada

Index Info
Price to Income Ratio: 6.32
Mortgage as Percentage of Income: 51.75%
Loan Affordability Index: 1.93
Price to Rent Ratio - City Centre: 14.99
Price to Rent Ratio - Outside of Centre: 14.69
Gross Rental Yield (City Centre): 6.67%
Gross Rental Yield (Outside of Centre): 6.81%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 1,890.00 C$ 1,800.00-2,540.00
1 Bedroom Apartment Outside of City Centre 1,755.00 C$ 1,700.00-1,900.00
3 Bedroom Apartment in City Centre 2,770.00 C$ 2,500.00-3,180.00
3 Bedroom Apartment Outside of City Centre 2,355.00 C$ 1,900.00-2,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 526.32 C$ 470.00-568.56
Price per Square Feet to Buy Apartment Outside of Centre 462.85 C$ 445.00-470.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,209.21 C$
Annual Mortgage Interest Rate (20-Year Fixed, in %) 5.39 4.45-6.90

These data are based on 69 entries from 15 contributors over the past 18 months.
Last update: 10 February 2026

Sources and References
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