Panorama Ridge

Neighbourhood in Surrey · British Columbia · Population 2,500

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Approximate boundaries

Surrey 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 Surrey.

Housing and jobs

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

Affordability

23 · Below average

Average monthly rent$1,277/month

Surrey: $1,434/month · Canada: $1,209/month · 2006: $953/month (estimated) · 2016: $1,281/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,667/month

City-wide figure for Surrey · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,807/month

City-wide figure for Surrey · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,364/month

City-wide figure for Surrey · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,820/month

City-wide figure for Surrey · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.3.7%

City-wide figure for Surrey · CMHC, 2025

Median dwelling value (owner-estimated)$1,669,091

Surrey: $1,000,000 · Canada: $472,000 · Estimated · 2016: $1,060,599 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing26.8%

Surrey: 26.1% · Canada: 20.9% · 2006: 24.9% (estimated) · 2016: 27% (estimated) · Statistics Canada, 2021

Economy

79 · Good

Median household income$131,833

Surrey: $98,000 · Canada: $84,000 · Estimated · 2006: $105,824 (estimated) · 2016: $109,816 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)9.7%

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

Unemployment rate7.5%

Surrey: 8.6% · Canada: 10.3% · 2006: 3.8% (estimated) · 2016: 6.1% (estimated) · Statistics Canada, 2021