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Housing and jobs

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

Affordability

52 · Average
Average monthly rent$822/month

ON: $1,408/month · Canada: $1,209/month · 2006: $720/month · 2016: $817/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$769/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$789/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$871/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,044/month

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$150,000

ON: $700,000 · Canada: $472,000 · 2016: $110,502 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing19.9%

ON: 24.2% · Canada: 20.9% · 2006: 23.3% · 2016: 26.4% · Statistics Canada, 2021

Economy

37 · Below average
Median household income$50,000

ON: $91,000 · Canada: $84,000 · 2006: $46,562 · 2016: $45,955 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)5.9%

ON: 5.8% · Canada: 5.2% · 2016: -5.3% · Statistics Canada, 2021

Unemployment rate16.5%

ON: 12.2% · Canada: 10.3% · 2006: 13.1% · 2016: 11.3% · 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.