Property Prices in Calgary, Canada

Index Info
Price to Income Ratio: 5.00
Mortgage as Percentage of Income: 43.11%
Loan Affordability Index: 2.32
Price to Rent Ratio - City Centre: 11.21
Price to Rent Ratio - Outside of Centre: 12.82
Gross Rental Yield (City Centre): 8.92%
Gross Rental Yield (Outside of Centre): 7.80%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,001.91 C$ 1,700.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,627.48 C$ 1,300.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,201.16 C$ 2,500.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 2,621.78 C$ 2,300.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 431.85 C$ 350.00-550.00
Price per Square Feet to Buy Apartment Outside of Centre 403.05 C$ 334.45-497.03
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,493.35 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.03 4.75-7.00

These data are based on 310 entries in the past 18 months from 54 different contributors.
Last update: February 2025

Sources and References
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