Property Prices in Saskatoon, Canada

Index Info
Price to Income Ratio: 4.83
Mortgage as Percentage of Income: 44.01%
Loan Affordability Index: 2.27
Price to Rent Ratio - City Centre: 12.07
Price to Rent Ratio - Outside of Centre: 12.34
Gross Rental Yield (City Centre): 8.28%
Gross Rental Yield (Outside of Centre): 8.10%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,469.25 C$ 1,000.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,201.62 C$ 900.00-1,585.00
Apartment (3 bedrooms) in City Centre 2,442.86 C$ 1,800.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,896.50 C$ 1,500.00-2,400.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 347.15 C$ 344.00-350.00
Price per Square Feet to Buy Apartment Outside of Centre 284.00 C$ 263.01-300.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,518.10 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.74 5.90-6.90

These data are based on 92 entries in the past 18 months from 22 different contributors.
Last update: February 2025

Sources and References
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