Property Prices in Richmond, Canada

Index Info
Price to Income Ratio: 14.64
Mortgage as Percentage of Income: 113.72%
Loan Affordability Index: 0.88
Price to Rent Ratio - City Centre: 26.46
Price to Rent Ratio - Outside of Centre: 26.90
Gross Rental Yield (City Centre): 3.78%
Gross Rental Yield (Outside of Centre): 3.72%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre C$2,615.00 2,500.00-3,000.00
1 Bedroom Apartment Outside of City Centre C$2,035.00 1,700.00-2,500.00
3 Bedroom Apartment in City Centre C$3,920.00 2,900.00-4,500.00
3 Bedroom Apartment Outside of City Centre C$3,262.50 3,100.00-3,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre C$1,296.76 1,199.99-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre C$1,054.95 1,021.92-1,087.98
Salaries And Financing
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Average Monthly Net Salary (After Tax) C$4,322.67
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.77 4.45-6.00

These data are based on 45 entries from 10 contributors over the past 18 months.
Last update: 4 May 2026

Sources and References
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1 Comments so far
Anonymous on Oct 02, 2020:
First time living in Richmond and according to many people, most condo buildings have silverfish.