Property Prices in Edmonton, Canada

Index Info
Price to Income Ratio: 4.47
Mortgage as Percentage of Income: 39.38%
Loan Affordability Index: 2.54
Price to Rent Ratio - City Centre: 12.41
Price to Rent Ratio - Outside of Centre: 12.53
Gross Rental Yield (City Centre): 8.06%
Gross Rental Yield (Outside of Centre): 7.98%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,594.55 C$ 1,300.00-2,100.00
Apartment (1 bedroom) Outside of Centre 1,255.76 C$ 1,100.00-1,600.00
Apartment (3 bedrooms) in City Centre 2,605.00 C$ 2,000.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,135.08 C$ 1,600.00-2,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 384.47 C$ 260.13-749.99
Price per Square Feet to Buy Apartment Outside of Centre 311.07 C$ 250.00-450.68
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,186.31 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.30 4.50-7.00

These data are based on 262 entries in the past 18 months from 43 different contributors.
Last update: February 2025

Sources and References
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