Fredericton

Small city · New Brunswick · Population 63,116

Housing and jobs

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

31 · Below average

Average monthly rent$1,080/month

NB: $870/month · Canada: $1,209/month · 2006: $955/month (estimated) · 2016: $959/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,046/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,208/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,431/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,774/month

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$250,000

NB: $180,000 · Canada: $472,000 · 2016: $232,223 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing19.7%

NB: 12.9% · Canada: 20.9% · 2006: 25.6% (estimated) · 2016: 23.7% (estimated) · Statistics Canada, 2021

60 · Good

Median household income$73,000

NB: $70,000 · Canada: $84,000 · 2006: $65,357 (estimated) · 2016: $69,302 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)7.5%

NB: 3.8% · Canada: 5.2% · Statistics Canada, 2021

Unemployment rate8.6%

NB: 10.3% · Canada: 10.3% · 2006: 6.6% (estimated) · 2016: 8.7% (estimated) · Statistics Canada, 2021