Property Prices in Edmonton, Canada

Index Info
Price to Income Ratio: 4.81
Mortgage as Percentage of Income: 42.81%
Loan Affordability Index: 2.34
Price to Rent Ratio - City Centre: 13.42
Price to Rent Ratio - Outside of Centre: 12.77
Gross Rental Yield (City Centre): 7.45%
Gross Rental Yield (Outside of Centre): 7.83%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,534.17 C$ 1,200.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,240.28 C$ 993.27-1,600.00
Apartment (3 bedrooms) in City Centre 2,499.64 C$ 1,700.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,073.28 C$ 1,560.00-2,800.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 399.63 C$ 278.71-749.99
Price per Square Feet to Buy Apartment Outside of Centre 310.73 C$ 250.00-450.68
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 3,977.94 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.45 4.50-7.00

These data are based on 263 entries in the past 18 months from 48 different contributors.
Last update: November 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Nearby cities:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far