Chestermere

Town · Alberta · Population 22,163

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Housing and jobs

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

Affordability

9 · Poor

Average monthly rent$1,750/month

AB: $1,332/month · Canada: $1,209/month · 2006: $1,252/month (estimated) · 2016: $1,896/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,438/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,581/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,908/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,118/month

Metro area average · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.5%

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$532,000

AB: $400,000 · Canada: $472,000 · 2016: $584,348 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing19.8%

AB: 21.2% · Canada: 20.9% · 2006: 18.3% (estimated) · 2016: 22.1% · Statistics Canada, 2021

Economy

56 · Average

Median household income$135,000

AB: $96,000 · Canada: $84,000 · 2006: $127,387 (estimated) · 2016: $145,117 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)11.4%

AB: 4.8% · Canada: 5.2% · 2016: 34.2% · Statistics Canada, 2021

Unemployment rate11.2%

AB: 11.5% · Canada: 10.3% · 2006: 2.8% (estimated) · 2016: 7.3% · Statistics Canada, 2021