Parkwood Hills

Neighbourhood in Ottawa · Ontario · Population 4,355

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Housing and jobs

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

Affordability

27 · Below average

Average monthly rent$1,466/month

Ottawa: $1,422/month · Canada: $1,209/month · 2006: $1,146/month (estimated) · 2016: $1,264/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,332/month

City-wide figure for Ottawa · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,593/month

City-wide figure for Ottawa · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,916/month

City-wide figure for Ottawa · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,090/month

City-wide figure for Ottawa · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.3.1%

City-wide figure for Ottawa · CMHC, 2025

Median dwelling value (owner-estimated)$445,724

Ottawa: $624,000 · Canada: $472,000 · Estimated · 2016: $324,279 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing35.7%

Ottawa: 20.1% · Canada: 20.9% · 2006: 37.7% (estimated) · 2016: 47.1% (estimated) · Statistics Canada, 2021

Economy

41 · Average

Median household income$68,082

Ottawa: $102,000 · Canada: $84,000 · Estimated · 2006: $51,040 (estimated) · 2016: $55,658 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)8.9%

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

Unemployment rate16.6%

Ottawa: 10.3% · Canada: 10.3% · 2006: 7.6% (estimated) · 2016: 10.5% (estimated) · Statistics Canada, 2021