Property Prices in Saskatoon, Canada

Index Info
Price to Income Ratio: 5.45
Mortgage as Percentage of Income: 42.46%
Loan Affordability Index: 2.36
Price to Rent Ratio - City Centre: 13.09
Price to Rent Ratio - Outside of Centre: 15.79
Gross Rental Yield (City Centre): 7.64%
Gross Rental Yield (Outside of Centre): 6.33%
Rent Per Month
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1 Bedroom Apartment in City Centre C$1,462.78 1,200.00-1,700.00
1 Bedroom Apartment Outside of City Centre C$1,187.56 900.00-1,600.00
3 Bedroom Apartment in City Centre C$2,396.67 2,000.00-3,000.00
3 Bedroom Apartment Outside of City Centre C$1,938.85 1,600.00-2,400.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre C$372.50 350.00-377.00
Price per Square Feet to Buy Apartment Outside of Centre C$364.16 300.00-377.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) C$3,637.10
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.80 4.09-5.99

These data are based on 107 entries from 18 contributors over the past 18 months.
Last update: 5 June 2026

Sources and References
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