East River, Part 1

Small town · Prince Edward Island · Population 2,307

Housing and jobs

Housing costs, rents, incomes and jobs in East River, Part 1, with comparisons and sources.

59 · Average

Average monthly rent$920/month

PE: $996/month · Canada: $1,209/month · 2006: $562/month (estimated) · 2016: $264/month (estimated) (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)$250,000

PE: $300,000 · Canada: $472,000 · 2016: $168,751 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing8%

PE: 15.5% · Canada: 20.9% · 2006: 10.2% (estimated) · 2016: 14.9% (estimated) · Statistics Canada, 2021

68 · Good

Median household income$82,000

PE: $73,500 · Canada: $84,000 · 2006: $67,145 (estimated) · 2016: $74,462 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)10.6%

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

Unemployment rate8.2%

PE: 10.3% · Canada: 10.3% · 2006: 8.7% (estimated) · 2016: 14.5% (estimated) · Statistics Canada, 2021