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AreaScore

Housing and jobs

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

Affordability

12 · Poor
Average monthly rent$1,833/month

Toronto: $1,562/month · Canada: $1,209/month · 2006: $1,397/month (estimated) · 2016: $1,515/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,491/month

City-wide figure for Toronto · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,761/month

City-wide figure for Toronto · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,045/month

City-wide figure for Toronto · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,294/month

City-wide figure for Toronto · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.3%

City-wide figure for Toronto · CMHC, 2025

Median dwelling value (owner-estimated)$712,042

Toronto: $900,000 · Canada: $472,000 · Estimated · 2016: $534,021 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing43.3%

Toronto: 32.5% · Canada: 20.9% · 2006: 41.2% (estimated) · 2016: 48.7% (estimated) · Statistics Canada, 2021

Economy

17 · Poor
Median household income$80,542

Toronto: $84,000 · Canada: $84,000 · Estimated · 2006: $71,027 (estimated) · 2016: $63,585 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)2.3%

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

Unemployment rate13.7%

Toronto: 13.9% · Canada: 10.3% · 2006: 10.9% (estimated) · 2016: 10.2% (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.