Property Prices in Saskatoon, Canada

Index Info
Price to Income Ratio: 3.87
Mortgage as Percentage of Income: 27.05%
Loan Affordability Index: 3.70
Price to Rent Ratio - City Centre: 11.47
Price to Rent Ratio - Outside of Centre: 13.41
Gross Rental Yield (City Centre): 8.71%
Gross Rental Yield (Outside of Centre): 7.46%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,126.54 C$ 900.00-1,450.00
Apartment (1 bedroom) Outside of Centre 913.85 C$ 750.00-1,200.00
Apartment (3 bedrooms) in City Centre 1,735.00 C$ 1,300.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,538.64 C$ 1,200.00-1,850.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 245.00 C$ 175.00-400.00
Price per Square Feet to Buy Apartment Outside of Centre 241.13 C$ 150.00-889.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,381.51 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.55 2.95-3.95

These data are based on 119 entries in the past 18 months from 20 different contributors.
Last update: June 2021

Sources and References
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