Property Prices in Saskatoon, Canada

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Index Info
Price to Income Ratio: 5.60
Mortgage as Percentage of Income: 48.15%
Loan Affordability Index: 2.08
Price to Rent Ratio - City Centre: 13.25
Price to Rent Ratio - Outside of Centre: 15.27
Gross Rental Yield (City Centre): 7.55%
Gross Rental Yield (Outside of Centre): 6.55%
Rent Per Month
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1 Bedroom Apartment in City Centre 1,403.75 C$ 1,000.00-1,645.00
1 Bedroom Apartment Outside of City Centre 1,172.25 C$ 900.00-1,400.00
3 Bedroom Apartment in City Centre 2,387.50 C$ 1,800.00-3,000.00
3 Bedroom Apartment Outside of City Centre 1,938.75 C$ 1,500.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 367.57 C$ 347.45-377.00
Price per Square Feet to Buy Apartment Outside of Centre 349.50 C$ 289.00-377.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,443.87 C$
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.00 4.09-8.00

These data are based on 96 entries from 17 contributors over the past 18 months.
Last update: 23 November 2025

Sources and References
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