Property Prices in Victoria, Canada

Index Info
Price to Income Ratio: 8.97
Mortgage as Percentage of Income: 72.52%
Loan Affordability Index: 1.38
Price to Rent Ratio - City Centre: 17.10
Price to Rent Ratio - Outside of Centre: 15.83
Gross Rental Yield (City Centre): 5.85%
Gross Rental Yield (Outside of Centre): 6.32%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 2,248.12 C$ 2,000.00-2,500.00
1 Bedroom Apartment Outside of City Centre 1,885.00 C$ 1,700.00-2,100.00
3 Bedroom Apartment in City Centre 3,787.23 C$ 3,200.00-5,000.00
3 Bedroom Apartment Outside of City Centre 3,282.68 C$ 2,800.00-4,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 756.91 C$ 577.00-899.99
Price per Square Feet to Buy Apartment Outside of Centre 596.05 C$ 577.00-635.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,058.33 C$
Annual Mortgage Interest Rate (20-Year Fixed, in %) 5.25 4.00-6.90

These data are based on 220 entries from 36 contributors over the past 18 months.
Last update: 15 January 2026

Sources and References
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