Charlottetown

Town · Prince Edward Island · Population 38,809

Housing and jobs

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

21 · Below average

Average monthly rent$1,061/month

PE: $996/month · Canada: $1,209/month · 2006: $853/month · 2016: $952/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$984/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,066/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,354/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,548/month

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$348,000

PE: $300,000 · Canada: $472,000 · 2016: $220,874 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing23.7%

PE: 15.5% · Canada: 20.9% · 2006: 31.9% · 2016: 27.4% · Statistics Canada, 2021

55 · Average

Median household income$66,000

PE: $73,500 · Canada: $84,000 · 2006: $52,723 · 2016: $58,150 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)7.5%

PE: 8% · Canada: 5.2% · 2016: 4.4% · Statistics Canada, 2021

Unemployment rate9.7%

PE: 10.3% · Canada: 10.3% · 2006: 9% · 2016: 10.5% · Statistics Canada, 2021