Property Prices in Edmonton, Canada

Index Info
Price to Income Ratio: 4.63
Mortgage as Percentage of Income: 41.08%
Loan Affordability Index: 2.43
Price to Rent Ratio - City Centre: 12.77
Price to Rent Ratio - Outside of Centre: 12.46
Gross Rental Yield (City Centre): 7.83%
Gross Rental Yield (Outside of Centre): 8.02%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,609.07 C$ 1,300.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,272.88 C$ 1,100.00-1,650.00
Apartment (3 bedrooms) in City Centre 2,653.10 C$ 2,000.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,134.09 C$ 1,560.00-2,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 400.64 C$ 278.71-749.99
Price per Square Feet to Buy Apartment Outside of Centre 311.66 C$ 250.00-450.68
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,141.88 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.40 4.50-7.00

These data are based on 249 entries in the past 18 months from 41 different contributors.
Last update: January 2025

Sources and References
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