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Housing and jobs

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

Affordability

48 · Average
Average monthly rent$760/month

QC: $886/month · Canada: $1,209/month · 2006: $718/month · 2016: $750/month (in 2021 dollars) · Statistics Canada, 2021

Average rent, bachelor apartmentPurpose-built rentals, CMHC October survey.$712/month

Metro area average · CMHC, 2025

Average rent, 1-bedroom apartmentPurpose-built rentals, CMHC October survey.$905/month

Metro area average · CMHC, 2025

Average rent, 2-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,062/month

Metro area average · CMHC, 2025

Average rent, 3-bedroom apartmentPurpose-built rentals, CMHC October survey.$1,375/month

Metro area average · CMHC, 2025

Rental vacancy rateShare of purpose-built rental apartments empty and available in October.2.5%

Metro area average · CMHC, 2025

Median dwelling value (owner-estimated)$250,000

QC: $300,000 · Canada: $472,000 · 2016: $232,492 (in 2021 dollars) · Statistics Canada, 2021

Households spending 30%+ of income on housing16.4%

QC: 16.1% · Canada: 20.9% · 2006: 24.7% · 2016: 22.6% · Statistics Canada, 2021

Economy

73 · Good
Median household income$62,400

QC: $72,500 · Canada: $84,000 · 2006: $52,789 · 2016: $55,954 (in 2020 dollars) · Statistics Canada, 2021

Population growth (5-year)7.2%

QC: 4.1% · Canada: 5.2% · 2016: 4.3% · Statistics Canada, 2021

Unemployment rate6.1%

QC: 7.6% · Canada: 10.3% · 2006: 6.9% · 2016: 6.9% · 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.