Property Prices in Calgary, Canada

Index Info
Price to Income Ratio: 4.81
Mortgage as Percentage of Income: 42.49%
Loan Affordability Index: 2.35
Price to Rent Ratio - City Centre: 11.31
Price to Rent Ratio - Outside of Centre: 12.80
Gross Rental Yield (City Centre): 8.84%
Gross Rental Yield (Outside of Centre): 7.81%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,992.81 C$ 1,600.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,587.68 C$ 1,300.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,106.81 C$ 2,500.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 2,599.60 C$ 2,000.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 429.25 C$ 350.00-520.25
Price per Square Feet to Buy Apartment Outside of Centre 395.25 C$ 334.45-497.03
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,613.30 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.34 5.00-7.00

These data are based on 321 entries in the past 18 months from 55 different contributors.
Last update: November 2024

Sources and References
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