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AreaScore

Forest Lea

Neighbourhood in Laurentian Valley · Ontario · Population 1,862

Approximate boundaries

Laurentian Valley doesn't publish neighbourhood boundaries, so AreaScore draws from the Census areas nearest where the name is placed by Natural Resources Canada, Wikidata, OpenStreetMap or AreaScore's own research. The outline follows Census lines and may not match how residents draw it. Figures marked city-wide are for all of Laurentian Valley.

Housing and jobs

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

Affordability

77 · Good
Average monthly rent$1,010/month

Laurentian Valley: $1,096/month · Canada: $1,209/month · 2006: $469/month (estimated) · 2016: $411/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$855/month

City-wide figure for Laurentian Valley · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$953/month

City-wide figure for Laurentian Valley · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,200/month

City-wide figure for Laurentian Valley · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,766/month

City-wide figure for Laurentian Valley · CMHC, 2025

Median dwelling value (owner-estimated)$364,469

Laurentian Valley: $348,000 · Canada: $472,000 · Estimated · 2016: $326,380 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing6.2%

Laurentian Valley: 9.4% · Canada: 20.9% · 2006: 5% (estimated) · 2016: 18.4% (estimated) · Statistics Canada, 2021

Economy

35 · Below average
Median household income$104,973

Laurentian Valley: $94,000 · Canada: $84,000 · Estimated · 2006: $80,578 (estimated) · 2016: $91,864 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)0.7%

Canada: 5.2% · City-wide figure for Laurentian Valley · Statistics Canada, 2021

Unemployment rate8.9%

Laurentian Valley: 9.1% · Canada: 10.3% · 2006: 6.9% (estimated) · 2016: 5.8% (estimated) · 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.