Grand River

Neighbourhood in Cambridge · Ontario · Population 22,019

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Approximate boundaries

Cambridge 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 Cambridge.

Housing and jobs

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

Affordability

42 · Average

Average monthly rent$1,243/month

Cambridge: $1,310/month · Canada: $1,209/month · 2006: $1,041/month (estimated) · 2016: $1,053/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,255/month

City-wide figure for Cambridge · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,546/month

City-wide figure for Cambridge · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,816/month

City-wide figure for Cambridge · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,861/month

City-wide figure for Cambridge · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.4.2%

City-wide figure for Cambridge · CMHC, 2025

Median dwelling value (owner-estimated)$618,915

Cambridge: $650,000 · Canada: $472,000 · Estimated · 2016: $346,984 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing19.5%

Cambridge: 21.2% · Canada: 20.9% · 2006: 23.7% (estimated) · 2016: 21.7% (estimated) · Statistics Canada, 2021

Economy

46 · Average

Median household income$89,477

Cambridge: $93,000 · Canada: $84,000 · Estimated · 2006: $84,404 (estimated) · 2016: $80,256 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)6.6%

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

Unemployment rate11.5%

Cambridge: 11.5% · Canada: 10.3% · 2006: 6.8% (estimated) · 2016: 7.7% (estimated) · Statistics Canada, 2021