Saanich

Small city · British Columbia · Population 117,735

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Housing and jobs

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

Affordability

3 · Poor

Average monthly rent$1,520/month

BC: $1,494/month · Canada: $1,209/month · 2006: $1,159/month · 2016: $1,301/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$1,349/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,624/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,121/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$2,742/month

Metro area average · CMHC, 2025

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

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$930,000

BC: $785,000 · Canada: $472,000 · 2016: $714,843 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing23.5%

BC: 25.5% · Canada: 20.9% · 2006: 26.3% · 2016: 26.5% · Statistics Canada, 2021

Economy

58 · Average

Median household income$93,000

BC: $85,000 · Canada: $84,000 · 2006: $76,475 · 2016: $83,631 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)3.1%

BC: 7.6% · Canada: 5.2% · 2016: 4% · Statistics Canada, 2021

Unemployment rate6.8%

BC: 8.4% · Canada: 10.3% · 2006: 4.6% · 2016: 5.7% · Statistics Canada, 2021