Rat Lake

Neighbourhood in Yellowknife · Northwest Territories · Population 1,023

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Approximate boundaries

Yellowknife 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 Yellowknife.

Housing and jobs

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

Affordability

47 · Average

Average monthly rent$1,429/month

Yellowknife: $1,804/month · Canada: $1,209/month · 2006: $1,277/month (estimated) · 2016: $1,352/month (estimated) (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,606/month

City-wide figure for Yellowknife · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,757/month

City-wide figure for Yellowknife · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,109/month

City-wide figure for Yellowknife · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,449/month

City-wide figure for Yellowknife · CMHC, 2025

Median dwelling value (owner-estimated)$509,130

Yellowknife: $448,000 · Canada: $472,000 · Estimated · 2016: $515,256 (estimated) (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing14.6%

Yellowknife: 15.8% · Canada: 20.9% · 2006: 16.6% (estimated) · 2016: 11.9% (estimated) · Statistics Canada, 2021

Economy

45 · Average

Median household income$123,500

Yellowknife: $148,000 · Canada: $84,000 · Estimated · 2006: $109,597 (estimated) · 2016: $144,746 (estimated) (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)3.9%

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

Unemployment rate9.1%

Yellowknife: 5.8% · Canada: 10.3% · 2006: 4.5% (estimated) · 2016: 9.8% (estimated) · Statistics Canada, 2021