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Housing and jobs

Housing costs, rents, incomes and jobs in Okanagan-Similkameen D, with comparisons and sources.

Affordability

24 · Below average
Average monthly rent$1,090/month

BC: $1,494/month · Canada: $1,209/month · 2006: $1,002/month (estimated) · 2016: $970/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

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

Metro area average · CMHC, 2025

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

Metro area average · CMHC, 2025

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

Metro area average · CMHC, 2025

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

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$552,000

BC: $785,000 · Canada: $472,000 · 2016: $433,287 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing14.3%

BC: 25.5% · Canada: 20.9% · 2006: 20.2% (estimated) · 2016: 15% (estimated) · Statistics Canada, 2021

Economy

64 · Good
Median household income$77,000

BC: $85,000 · Canada: $84,000 · 2006: $70,021 (estimated) · 2016: $75,127 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)6.9%

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

Unemployment rate7.6%

BC: 8.4% · Canada: 10.3% · 2006: 4.2% (estimated) · 2016: 6.5% (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.