Property Prices in Edmonton, Canada

Index Info
Price to Income Ratio: 4.76
Mortgage as Percentage of Income: 42.21%
Loan Affordability Index: 2.37
Price to Rent Ratio - City Centre: 13.10
Price to Rent Ratio - Outside of Centre: 12.55
Gross Rental Yield (City Centre): 7.63%
Gross Rental Yield (Outside of Centre): 7.97%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,563.62 C$ 1,200.00-2,100.00
Apartment (1 bedroom) Outside of Centre 1,265.80 C$ 1,000.00-1,650.00
Apartment (3 bedrooms) in City Centre 2,589.58 C$ 1,800.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,110.48 C$ 1,560.00-2,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 400.40 C$ 278.71-749.99
Price per Square Feet to Buy Apartment Outside of Centre 311.44 C$ 250.00-450.68
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,027.94 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.40 4.50-7.00

These data are based on 270 entries in the past 18 months from 51 different contributors.
Last update: December 2024

Sources and References
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