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AreaScore

Housing and jobs

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

Affordability

33 · Below average
Average monthly rent$1,100/month

AB: $1,332/month · Canada: $1,209/month · 2006: $822/month · 2016: $1,103/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,370/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,593/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,683/month

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$274,000

AB: $400,000 · Canada: $472,000 · 2016: $276,073 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing16.2%

AB: 21.2% · Canada: 20.9% · 2006: 19.5% · 2016: 14.2% · Statistics Canada, 2021

Economy

83 · Excellent
Median household income$81,000

AB: $96,000 · Canada: $84,000 · 2006: $51,754 · 2016: $75,075 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)6.6%

AB: 4.8% · Canada: 5.2% · 2016: 9.7% · Statistics Canada, 2021

Unemployment rate3.5%

AB: 11.5% · Canada: 10.3% · 2006: 2.6% · 2016: 5.4% · 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.