Cypress County

Small town · Alberta · Population 7,524

Housing and jobs

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

30 · Below average

Average monthly rent$880/month

AB: $1,332/month · Canada: $1,209/month · 2006: $694/month (estimated) · 2016: $824/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,011/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,120/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,217/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,468/month

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$500,000

AB: $400,000 · Canada: $472,000 · 2016: $496,039 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing16.2%

AB: 21.2% · Canada: 20.9% · 2006: 16.5% (estimated) · 2016: 16.6% · Statistics Canada, 2021

43 · Average

Median household income$101,000

AB: $96,000 · Canada: $84,000 · 2006: $80,865 (estimated) · 2016: $104,129 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)-1.8%

AB: 4.8% · Canada: 5.2% · 2016: 6.2% · Statistics Canada, 2021

Unemployment rate6.8%

AB: 11.5% · Canada: 10.3% · 2006: 3.3% (estimated) · 2016: 7.2% · Statistics Canada, 2021