Okanagan Falls

Neighbourhood in Okanagan-Similkameen D · British Columbia · Population 1,429

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Approximate boundaries

Okanagan-Similkameen D 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 Okanagan-Similkameen D.

Housing and jobs

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

Affordability

48 · Average

Average monthly rent$1,135/month

Okanagan-Similkameen D: $1,090/month · Canada: $1,209/month · 2006: $896/month (estimated) · 2016: $845/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$933/month

City-wide figure for Okanagan-Similkameen D · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,197/month

City-wide figure for Okanagan-Similkameen D · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,511/month

City-wide figure for Okanagan-Similkameen D · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,117/month

City-wide figure for Okanagan-Similkameen D · CMHC, 2025

Median dwelling value (owner-estimated)$534,303

Okanagan-Similkameen D: $552,000 · Canada: $472,000 · Estimated · 2016: $449,266 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing20%

Okanagan-Similkameen D: 14.3% · Canada: 20.9% · 2006: 22.8% (estimated) · 2016: 16.8% (estimated) · Statistics Canada, 2021

Economy

65 · Good

Median household income$73,860

Okanagan-Similkameen D: $77,000 · Canada: $84,000 · Estimated · 2006: $69,138 (estimated) · 2016: $73,125 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)6.9%

Canada: 5.2% · City-wide figure for Okanagan-Similkameen D · Statistics Canada, 2021

Unemployment rate7.8%

Okanagan-Similkameen D: 7.6% · Canada: 10.3% · 2006: 5% (estimated) · 2016: 5.6% (estimated) · Statistics Canada, 2021