Property Prices in Red Deer, Canada

Index Info
Price to Income Ratio: 8.17
Mortgage as Percentange of Income: 57.25%
Loan Affordability Index: 1.75
Price to Rent Ratio - City Centre: 27.13
Price to Rent Ratio - Outside of Centre: 35.90
Gross Rental Yield (City Centre): 3.69%
Gross Rental Yield (Outside of Centre): 2.79%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 965.00 C$ 750.00-1,200.00
Apartment (1 bedroom) Outside of Centre 850.00 C$ 700.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,368.75 C$ 1,039.00-1,650.00
Apartment (3 bedrooms) Outside of Centre 1,427.78 C$ 1,200.00-1,600.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 480.00 C$ 190.00-999.99
Price per Square Feet to Buy Apartment Outside of Centre 600.00 C$ 200.00-999.99
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 3,558.26 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.58 3.00-4.00

These data are based on 70 entries in the past 18 months from 14 different contributors.
Last update: August 2019

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