RSS

Most Affordable Neighbourhoods in East Regina (2026 Price Comparison)

That spread matters because your neighbourhood choice doesn't just affect your mortgage payment — it shapes your property taxes, utilities, insurance, and how much equity you'll build over time. A $50,000 difference in purchase price can mean $250 to $350 less per month in total housing costs. Over five years, that's $15,000 to $21,000 you either spend or keep.

I've put together a full price comparison of all 20 East Regina neighbourhoods so you can see exactly where each one sits. No guessing, no vague ranges — just the numbers side by side.

The Price Ladder: Every East Regina Neighbourhood Ranked

Here's where every neighbourhood falls, listed from most affordable to most expensive based on typical sale prices in early 2026. I've included the common home types you'll find at each price point.

1. Riverbend — $150,000 to $300,000 (condos and townhomes)

2. Spruce Meadows — $238,900 median / $264,340 average (condos and detached)

3. Wood Meadows — $279,900 to $285,000 (1980s detached homes)

4. Parkridge — $280,000 to $330,000 (1980s-2000s detached)

5. Varsity Park — $280,000 to $380,000 (mixed housing stock)

6. Eastbrook — $280,000 to $350,000 (detached homes)

7. Gardiner Heights — $300,000 to $370,000 (detached homes)

8. The Towns — $300,000 to $380,000 (newer townhomes and detached)

9. Glencairn — $300,750 average (bungalows, bi-levels, split-levels)

10. Richmond Place — $310,000 to $380,000 (detached homes)

11. Windsor Park — $300,000 to $400,000 (mixed stock)

12. Greens on Gardiner — $350,000 to $450,000 (newer detached)

13. East Pointe Estates — $207,500 condos / $350,000 to $450,000 detached

14. Woodland Grove — $380,000 to $480,000 (newer detached)

15. University Park — $400,000 to $500,000 (larger detached)

16. Creekside — $456,398 average (newer builds, 38% above citywide average)

17. Wascana View — $450,000 to $600,000 (premium detached)

18. The Creeks — $899,900 to $919,450 median (luxury custom builds)

The citywide average sits at $346,000 and the benchmark price is $335,100. That means roughly half the neighbourhoods on this list come in below average, and half sit above. You've got options at almost every budget level without leaving east Regina.

Note: East Pointe Estates appears twice on this list because its condo market ($207K-$300K) and its detached market ($350K-$450K) serve very different buyers. If you're looking at condos specifically, it's one of the most affordable entry points in the area.

Entry-Level Buying: Where to Get In Under $300,000

If your budget tops out around $300,000, you've got six neighbourhoods to work with — and each one gets you something a bit different.

Riverbend has the lowest entry point in all of east Regina. Condos start around $150,000, and townhomes range from $200,000 to $300,000. At $150K, your monthly mortgage payment on a 25-year term at 5% with 5% down would be roughly $835. Add property taxes and condo fees and you're looking at around $1,200 to $1,400 per month total. That's competitive with renting a two-bedroom apartment in Regina.

Spruce Meadows offers the best median price for a detached home — $238,900. That's 28% below the citywide benchmark. At that price, you're paying about $267 per square foot, which is solid value.

Wood Meadows sits at $279,900 to $285,000 and runs 19 to 22% below the citywide average. Most homes here are 1980s builds with larger lots and mature trees — you're trading newer finishes for more space.

Parkridge, Eastbrook, and Varsity Park all have entry points at or near $280,000. Parkridge gives you 1980s-2000s homes with double garages. Eastbrook has a similar profile. Varsity Park offers a wider mix of housing types.

The honest trade-off at this tier: you're buying homes that are 25 to 40 years old. Budget an extra $5,000 to $15,000 for near-term maintenance — things like furnace replacement, shingle repairs, or window upgrades. A proper home inspection isn't optional here. It's how you avoid a $20,000 surprise six months after closing.

The Mid-Range Sweet Spot: $300,000 to $450,000

This is where most east Regina buying activity happens, and it's where you've got the most choice.

Gardiner Heights ($300,000-$370,000), The Towns ($300,000-$380,000), Glencairn (~$300,750 average), and Richmond Place ($310,000-$380,000) form the lower half of this tier. You're paying close to the citywide average and getting established neighbourhoods with schools, shopping, and transit access.

Windsor Park ($300,000-$400,000), Greens on Gardiner ($350,000-$450,000), and East Pointe Estates detached ($350,000-$450,000) push into the upper range — newer builds, more consistent lot sizes, and proximity to trails. Woodland Grove ($380,000-$480,000) straddles the mid-range and premium tiers.

Here's the math: at $350,000, your monthly mortgage payment on a 25-year amortization at 5% with 10% down is about $1,838. At $450,000, that jumps to $2,364 — a difference of $526 per month, or $6,312 per year. That gap buys a lot of groceries, hockey registrations, or RRSP contributions.

Premium East Regina: $450,000 and Up

Three neighbourhoods consistently price above the $450,000 mark.

University Park ($400,000-$500,000) is the entry point to premium. Larger lots, proximity to the University of Regina, and solid resale history make it popular with families who want space without reaching into luxury territory.

Creekside averages $456,398 — 38% above the citywide average. It's newer construction with modern floor plans, and the price reflects that. Wascana View ranges from $450,000 to $600,000 and offers some of the best views and trail access in the city.

Then there's The Creeks at a median of $899,900 to $919,450. This is custom-build territory — large lots, high-end finishes, and prices that are roughly 2.5 to 2.7 times the citywide average. It's a different market entirely, and the buyers here tend to be moving up from mid-range east Regina homes or relocating from other provinces.

Monthly Costs Beyond the Purchase Price

The sticker price is only part of the story. Here's how other costs vary across east Regina neighbourhoods.

Property taxes in Regina are calculated on assessed value. As a rough guide, expect to pay about 1.1 to 1.3% of your home's assessed value annually. On a $240,000 home in Spruce Meadows, that's roughly $2,640 to $3,120 per year ($220-$260/month). On a $900,000 home in The Creeks, you're looking at $9,900 to $11,700 per year ($825-$975/month). That's a $600+ monthly difference just in taxes.

Utilities vary more by home size and age than by neighbourhood. A 1,000-square-foot bungalow in Glencairn costs less to heat than a 2,500-square-foot two-storey in Wascana View — though older homes may have less efficient windows. Typical utility costs run $250 to $400 per month depending on the season.

Condo fees apply in Riverbend, East Pointe Estates, and parts of Spruce Meadows. Expect $150 to $350 per month depending on the complex. Factor them into your monthly budget — they don't disappear, and they can increase over time.

Insurance tends to run $100 to $200 per month. Older homes with original electrical or plumbing may sit at the higher end until systems are updated.

Which Neighbourhood Gives You the Most Space for Your Money?

Price per square foot tells you what you're actually paying for livable space. Here's how the numbers shake out across east Regina.

The most affordable per-square-foot options are in the established neighbourhoods. Glencairn comes in around $248 per square foot. Wood Meadows sits at $258 to $262. Spruce Meadows averages $267. Compare that to the citywide average of $274 per square foot and you're saving $6 to $26 on every square foot of home.

At the other end, Creekside and The Creeks run well above the city average — you're paying for newer construction and neighbourhood amenities.

The practical takeaway: if you need 1,500 square feet, the difference between $248/sqft in Glencairn and $274/sqft at the city average is $39,000. That's real money that could go toward upgrades, a bigger down payment, or keeping your monthly costs comfortable.

Finding the Right Price Point for You

The best neighbourhood for you isn't the cheapest one — it's the one that fits your actual budget and your actual life. A $240,000 home in Spruce Meadows might be perfect for a first-time buyer, while a $350,000 home in Greens on Gardiner makes more sense for a growing family that needs the extra space.

I'm happy to walk through the numbers for any neighbourhood on this list. We can look at what you'd actually pay monthly, what your carrying costs would be, and what makes sense for where you are right now. No pressure, no rush — just the math.

If you'd like to start exploring, you can browse all east Regina listings here or reach out and we'll go through it together.

The Saskatchewan REALTORS® Association (SRA) IDX Reciprocity listings are displayed in accordance with SRA's MLS® Data Access Agreement and are copyright of the Saskatchewan REALTORS® Association (SRA).
The above information is from sources deemed reliable but should not be relied upon without independent verification. The information presented here is for general interest only, no guarantees apply.
Trademarks are owned and controlled by the Canadian Real Estate Association (CREA). Used under license.
MLS® System data of the Saskatchewan REALTORS® Association (SRA) displayed on this site is refreshed every 2 hours.