Property Prices in Calgary, Canada

Index Info
Price to Income Ratio: 5.35
Mortgage as Percentage of Income: 45.09%
Loan Affordability Index: 2.22
Price to Rent Ratio - City Centre: 11.53
Price to Rent Ratio - Outside of Centre: 12.93
Gross Rental Yield (City Centre): 8.67%
Gross Rental Yield (Outside of Centre): 7.73%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,913.34 C$ 1,700.00-2,200.00
Apartment (1 bedroom) Outside of Centre 1,564.50 C$ 1,300.00-2,000.00
Apartment (3 bedrooms) in City Centre 3,182.90 C$ 2,510.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 2,610.11 C$ 2,200.00-3,500.00
Buy Apartment Price
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Price per Square Meter to Buy Apartment in City Centre 4,648.41 C$ 3,767.37-5,920.15
Price per Square Meter to Buy Apartment Outside of Centre 4,269.14 C$ 3,600.00-5,300.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,165.58 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.75 4.45-7.00

These data are based on 287 entries from 49 contributors over the past 18 months.
Last update: May 2025

Sources and References
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