Esquimalt

Town · British Columbia · Population 17,533

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Housing and jobs

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

Affordability

6 · Poor

Average monthly rent$1,312/month

BC: $1,494/month · Canada: $1,209/month · 2006: $964/month · 2016: $1,150/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,349/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,624/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,121/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,742/month

Metro area average · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.3.1%

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$750,000

BC: $785,000 · Canada: $472,000 · 2016: $530,105 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing28.1%

BC: 25.5% · Canada: 20.9% · 2006: 29.7% · 2016: 33.1% · Statistics Canada, 2021

Economy

39 · Below average

Median household income$76,000

BC: $85,000 · Canada: $84,000 · 2006: $61,014 · 2016: $65,388 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)-0.7%

BC: 7.6% · Canada: 5.2% · 2016: 8.9% · Statistics Canada, 2021

Unemployment rate7.9%

BC: 8.4% · Canada: 10.3% · 2006: 5.2% · 2016: 6.5% · Statistics Canada, 2021