Property Prices in Calgary, Canada

Index Info
Price to Income Ratio: 5.37
Mortgage as Percentage of Income: 46.47%
Loan Affordability Index: 2.15
Price to Rent Ratio - City Centre: 11.25
Price to Rent Ratio - Outside of Centre: 12.77
Gross Rental Yield (City Centre): 8.89%
Gross Rental Yield (Outside of Centre): 7.83%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,978.39 C$ 1,700.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,625.07 C$ 1,300.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,222.90 C$ 2,500.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 2,651.52 C$ 2,200.00-3,500.00
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) 4,183.42 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.08 4.75-7.00

These data are based on 293 entries in the past 18 months from 50 different contributors.
Last update: March 2025

Sources and References
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