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AreaScore

Housing and jobs

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

Affordability

35 · Below average
Average monthly rent$1,310/month

MB: $1,074/month · Canada: $1,209/month · 2006: $671/month · 2016: $1,257/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$914/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,232/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,570/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,849/month

Metro area average · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.2.8%

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$360,000

MB: $304,000 · Canada: $472,000 · 2016: $331,563 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing9.9%

MB: 17.3% · Canada: 20.9% · 2006: 12.5% · 2016: 12.2% · Statistics Canada, 2021

Economy

77 · Good
Median household income$109,000

MB: $79,500 · Canada: $84,000 · 2006: $91,739 · 2016: $103,803 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)11.8%

MB: 5% · Canada: 5.2% · 2016: 21.9% · Statistics Canada, 2021

Unemployment rate6.7%

MB: 8.3% · Canada: 10.3% · 2006: 2.9% · 2016: 4.2% · 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.