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AreaScore

Housing and jobs

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

Affordability

18 · Poor
Average monthly rent$1,336/month

ON: $1,408/month · Canada: $1,209/month · 2006: $714/month (estimated) · 2016: $1,129/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$990/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.$1,513/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,736/month

Metro area average · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.2.7%

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$624,000

ON: $700,000 · Canada: $472,000 · 2016: $375,761 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing14.4%

ON: 24.2% · Canada: 20.9% · 2006: 20.2% (estimated) · 2016: 19.2% · Statistics Canada, 2021

Economy

55 · Average
Median household income$95,000

ON: $91,000 · Canada: $84,000 · 2006: $82,180 (estimated) · 2016: $85,867 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)9.3%

ON: 5.8% · Canada: 5.2% · 2016: 1.3% · Statistics Canada, 2021

Unemployment rate10.6%

ON: 12.2% · Canada: 10.3% · 2006: 4.8% (estimated) · 2016: 5.8% · 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.