North Bay

Small city · Ontario · Population 52,662

Housing and jobs

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

28 · Below average

Average monthly rent$1,010/month

ON: $1,408/month · Canada: $1,209/month · 2006: $893/month · 2016: $994/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$827/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,078/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,404/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,491/month

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$300,000

ON: $700,000 · Canada: $472,000 · 2016: $264,922 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing21%

ON: 24.2% · Canada: 20.9% · 2006: 29.5% · 2016: 28.4% · Statistics Canada, 2021

33 · Below average

Median household income$72,000

ON: $91,000 · Canada: $84,000 · 2006: $59,701 · 2016: $65,720 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)2.2%

ON: 5.8% · Canada: 5.2% · 2016: -3.9% · Statistics Canada, 2021

Unemployment rate12%

ON: 12.2% · Canada: 10.3% · 2006: 7.7% · 2016: 9.5% · Statistics Canada, 2021