Cambridge

Small city · Ontario · Population 138,479

Compare with another place Save this place

Housing and jobs

Housing costs, rents, incomes and jobs in Cambridge, with comparisons and sources.

Affordability

9 · Poor

Average monthly rent$1,310/month

ON: $1,408/month · Canada: $1,209/month · 2006: $984/month · 2016: $1,130/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,255/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,546/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,816/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,861/month

Metro area average · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.4.2%

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$650,000

ON: $700,000 · Canada: $472,000 · 2016: $376,537 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing21.2%

ON: 24.2% · Canada: 20.9% · 2006: 23.5% · 2016: 22.7% · Statistics Canada, 2021

Economy

47 · Average

Median household income$93,000

ON: $91,000 · Canada: $84,000 · 2006: $83,622 · 2016: $84,145 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)6.6%

ON: 5.8% · Canada: 5.2% · 2016: 2.5% · Statistics Canada, 2021

Unemployment rate11.5%

ON: 12.2% · Canada: 10.3% · 2006: 5.9% · 2016: 6.4% · Statistics Canada, 2021