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AreaScore

Housing and jobs

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

Affordability

11 · Poor
Average monthly rent$1,260/month

BC: $1,494/month · Canada: $1,209/month · 2006: $1,304/month · 2016: $1,408/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)$1,000,000

BC: $785,000 · Canada: $472,000 · 2016: $770,507 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing17.3%

BC: 25.5% · Canada: 20.9% · 2006: 23.7% · 2016: 14.2% · Statistics Canada, 2021

Economy

86 · Excellent
Median household income$122,000

BC: $85,000 · Canada: $84,000 · 2006: $96,086 · 2016: $112,012 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)11.6%

BC: 7.6% · Canada: 5.2% · 2016: 5% · Statistics Canada, 2021

Unemployment rate4.9%

BC: 8.4% · Canada: 10.3% · 2006: 1.3% · 2016: 4.4% · 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.