Penticton

Town · British Columbia · Population 36,885

Housing and jobs

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

9 · Poor

Average monthly rent$1,328/month

BC: $1,494/month · Canada: $1,209/month · 2006: $954/month · 2016: $1,141/month (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)$524,000

BC: $785,000 · Canada: $472,000 · 2016: $396,091 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing25.9%

BC: 25.5% · Canada: 20.9% · 2006: 29.1% · 2016: 28.5% · Statistics Canada, 2021

64 · Good

Median household income$68,000

BC: $85,000 · Canada: $84,000 · 2006: $52,986 · 2016: $58,673 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)9.3%

BC: 7.6% · Canada: 5.2% · 2016: 2.7% · Statistics Canada, 2021

Unemployment rate8.4%

BC: 8.4% · Canada: 10.3% · 2006: 6.8% · 2016: 8.8% · Statistics Canada, 2021