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AreaScore

Housing and jobs

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

Affordability

27 · Below average
Average monthly rent$1,200/month

ON: $1,408/month · Canada: $1,209/month · 2006: $1,108/month · 2016: $1,376/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$827/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,078/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,404/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,491/month

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$400,000

ON: $700,000 · Canada: $472,000 · 2016: $329,882 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing13.6%

ON: 24.2% · Canada: 20.9% · 2006: 18.1% · 2016: 16.1% · Statistics Canada, 2021

Economy

41 · Average
Median household income$109,000

ON: $91,000 · Canada: $84,000 · 2006: $85,275 · 2016: $99,773 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)1.7%

ON: 5.8% · Canada: 5.2% · 2016: -0.3% · Statistics Canada, 2021

Unemployment rate9.3%

ON: 12.2% · Canada: 10.3% · 2006: 5.9% · 2016: 6.8% · Statistics Canada, 2021

Sources

Adapted from Statistics Canada, Census of Population 2021 (Census Profile). This does not constitute an endorsement by Statistics Canada.

Adapted from CMHC, Rental Market Survey / Housing Market Information Portal. This does not constitute an endorsement by CMHC.